SAN DIEGO, CA – Park 12, the three-building luxury apartment and retail community on Park Boulevard overlooking San Diego Bay, is nearing completion and now accepting lease applications, with move-ins to begin in July 2018. Completion on the iconic mixed-use project – previously known as Ballpark Village – is slated for Fall 2018.
Located immediately across the street from Petco Park, on a 3.5-acre triangular site at 100 Park Plaza, Park 12 is comprised of one high-rise and two mid-rise buildings – all owned and operated by Greystar Real Estate Partners, LLC, a global leader in the investment, development and management of rental housing properties. When complete, the complex will include 438 luxury apartments in a 37-story tower and 280 units in two mid-rise six and seven-story buildings – for a total of 718 rental homes. Residences will include studio, one-, two- and three-bedroom floor plans – as well as penthouse suites – with square footage spanning from 518 to 2,824 square feet, with direct access to Petco Park for San Diego Padres baseball games and other special events.
The property’s three buildings, varying in size and scope, are connected by a pair of above-the-street bridges, enabling residents to easily move to and from amenity decks in the separate buildings, evoking the open-space feel of New York's acclaimed High Line Park. The project includes 45,000 square feet of ground level retail space.
With the feel of a walkable urban village, the community is anchored by an expansive semicircular public plaza at 10th and Park, where retail venues and restaurants will line the public space – imbuing a lively, interactive vibe. A dramatic cascading staircase – inspired by Rome’s famed Spanish Steps – sets the stage at the property’s Imperial Avenue and Park Plaza entrance.
Furthering the communal ambiance, the project’s design – with an airy open aura and distinctive curvilinear and modern elements – derives inspiration from adjacent historical buildings, maximizing views into Petco Park and surrounding downtown areas, including the adjacent San Diego Bay and Coronado.
A hallmark of Park 12: an amenity rich lifestyle. The 14 separate common areas include two dog runs – one for small and one for big dogs; a dog washing station; two pools, sundeck and spa; indoor/outdoor fitness center; underground gated parking with 1,216 spaces; a clubhouse with kitchen; resident lounge; multiple rooftop terraces with outdoor seating, fire pits, outdoor kitchen and grilling areas; and a sports lounge/game room. The expansive lobby includes 24-hour concierge services.
According to Jerry Brand, senior managing director of west coast development for Greystar, which is headquartered in Charleston, South Carolina – with offices throughout the United States, Europe, Latin America and Asia-Pacific – this is the company’s most ambitious project in the continental U.S. to date. “Anyone wanting to live downtown would be remiss not to look at Park 12 – it sets the standard for resort style apartment living. With such a variety of floor plans and price points, Park 12 has apartment homes which perfectly fit our residents’ unique needs and lifestyles.”
The apartment homes, all of which are designed to condominium standards, feature a classic, modern feel – with plank flooring, private patios or balconies, stainless steel appliances, quartz countertops, polished chrome fixtures and full-size washer/dryers. Rents start at $1,705.
The project architect is Carrier Johnson + Culture.
For more information, visit livepark12.com
About Greystar: Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, Latin America and Asia-Pacific, Greystar operates in over 130 markets globally and is the largest operator of apartments in the United States, managing over 420,000 units, with an aggregate estimated value of approximately $80 billion. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $23 billion in gross assets under management, including more than $8 billion of developments that have been completed or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental housing real estate business. To learn more about Greystar, visit www.greystar.com