One Paseo Apartments For Rent: 92130

[Coronita]

Giving new meaning to high in high end..

$5200/month for a 3/2

https://www.apartmentlist.com/ca/san-diego/one-paseo

[FlyerInHi]

Luxury apartments that cater to millennials are growing likely mushroom.
Millennials like the convenience

Even in Vegas, a “low cost” city which is not so low cost compared to the rest of the country. $2500 for 1 bedroom!?

Henderson gym to build adjacent luxury apartment complex

[Myriad]

http://fortune.com/2016/03/28/millennials-leaving-cities/

I’m interested in seeing what happens in cities as millennials age and before Gen Z population peaks.

[The-Shoveler]

[quote=Myriad]http://fortune.com/2016/03/28/millennials-leaving-cities/

I’m interested in seeing what happens in cities as millennials age and before Gen Z population peaks.[/quote]

IMO I see this whole trend of building residential condos above retail shop space a big waste doomed to be the future empty strip mall of the future (except in a “very” few locations) it would need to be on the Main street in a touristy type place, anything a block away or too far away from the main attraction is doomed to failure IMO).

Anyway the amount of this type of housing that can realistically be successful over the long term is vanishingly small and statistically insignificant IMO.

[spdrun]

I think the death of all retail is overblown, especially in urban areas — it’s really NOT more convenient to wait for delivery than buy what you need, if the store is sufficiently close. Plus, being able to try and view items in a store (especially food/clothing) is a good thing.

[The-Shoveler]

Big Box stores sure, a few restaurants in the right locations, a few auto-parts stores, supper markets etc..

Touristy type shops in touristy places.

I am seeing more and more empty strip malls even within big city locations (in LA even).

Our favorite restaurant (that would be open until midnight) in a strip mall near LAX was closed down when we went there last month. Made me sad a little as it was convenient to grab something nice to eat coming home late from LAX. The whole mall was about 2/3 empty and it was next to a ranch-99.

[Myriad]

The 99 Ranch in Gardena?

[The-Shoveler]

Pioneer Blvd, Artesia

Maybe we are talking the same place or maybe not

just off the 91 heading back to the 15 (easiest fastest way back for us).

[FlyerInHi]

Our urban plans are decades old, post WWII, and preserved by baby boomers who are clinging to dear life and the lifestyle that they are most familiar with. Therefore it’s nearly impossible to innovate and deliver new housing products.

Just sell Mira Mesa mall to a Chinese developer and give him carte blanche to innovate and you will see what’s possible. You may not like the end products, by other people will, and they will gladly buy. It’s not about anyone in particular, it’s about delivering innovative products that people want to buy.

[The-Shoveler]

Meh USA (SoCal) is not China (maybe NYC comes a little close).

Anyway If I want to go to a nice shopping Mall etc.. (maybe once every 6 months or something), I jump in my car and go to the mall.

Then I go to Costco fill the car up with stuff and drive home and park in my three car garage (I don’t need to live at the mall).

[FlyerInHi]

I’m sure if there were high rises at Mira Mesa mall, Qualcomm engineers will rent in droves, especially when the first arrive into town to start their contracts. Qualcomm would likely provide commuter vans.

Make it integrated with shopping, food courts, coworking spaces, athletic facilities….. it will be successful. Tech executives can have pied a terres also.

Shoveler, It’s about innovation and developing new housing products. You can stay in your suburb and enjoy. But why would be you against opening up legal and physical space for housing innovation?

[The-Shoveler]

What ever rocks your boat, I just would not invest in it myself.

Most of the engineers I know are fairly stingy LOL.

[Coronita]

[quote=The-Shoveler]What ever rocks your boat, I just would not invest in it myself.

Most of the engineers I know are fairly stingy LOL.[/quote]

there is a luxury complex already in Mira Mesa.

Casa Mira View

engineers tend to be stingy. they are saving for home ownership

[Myriad]

.

[Myriad]

[quote] there is a luxury complex already in Mira Mesa.

Casa Mira View

engineers tend to be stingy. they are saving for home ownership[/quote]

LOL, that place. non-luxury rentals for luxury prices. Also, mostly forgot about transit when they built that place.
Probably the biggest hindrance to creating density in CA is that most people with families want SFH. Most people aren’t ready to accept living with kids in a small condo. Then there’s the whole school/school district preferences.

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