How Downtown San Diego Does Luxury
Younger, Millennial-Focused Luxury is Leading the Way
In the white-tablecloth sense, downtown hasn’t much succeeded. The Palm and its white-coated servers lasted only two years, LA icon Katsuya flopped, and a $400-million proposal to build a Ritz-Carlton with $2.5-million condos and a Whole Foods in the East Village has stalled.
But downtown is still trying. The $1.3-billion Manchester Pacific Gateway development just began demolition of the Navy Broadway Complex, after waiting 11 years. Younger, millennial-focused luxury (read: clubby atmosphere and plentiful Instagram spots) has landed in the form of the Pendry Hotel and STK Steakhouse.
And all eyes are on Pacific Gate by Bosa, a high-end condominium building designed by experts who’ve also built architectural wonders in London, Shanghai, and Toronto. The million-dollar residences are expected to open on First Avenue and G Street in late 2017.
Also opening later this year is Theatre Box, an entertainment venue taking over the former Reading Cinema space. The focus will be a posh movie theatre—order food from your cushy seat!—by a co-owner of LA’s Grauman’s Chinese Theatre.