I was bored last night so I did some reading on Mira Mesa Town Council meeting minutes and I’ve discovered something very interest. There will be massive amount of new housing in Mira Mesa in the next 10 years. I say 10 because they didn’t say exactly when they’ll start building. They’re planning to put over 5000 housing units in the area south of Mira Mesa and north of Miramar, between Camino Santa Fe and Camino Ruiz. The empty area north of Best Buy is also in final stages of planning, so they should theoretically be building soon. There will be 3 developments there. I’m not sure how many units will go there. The 3rd development will be at the corner of Camino Santa Fe and Calle Cristobal/Sorrento Valley Blvd. They plan to have a little over 100 units of mostly SFR and some twin homes. That development I think is on hold but I did see some developers w/ plans standing around that area when I drove home the other day. I wonder how 5000+ new homes in MM will affect the supply equation.
