Industry News

JMI Realty and the San Diego Padres are developing East Village Square, a 2½ block mixed-use office, retail and residential redevelopment project in downtown San Diego next to the new baseball park. The developer of the potentially 200,000-sf office component is Cisterra Partners of San Diego. Ground floor retail space will be accompanied by 200 or more condominiums. The project is currently in the conceptual planning phase.

The 32,000-sf San Diego Electrical Training Center just became the largest commercial building in San Diego powered by solar energy. The facility's photovoltaic system, installed by students, currently provides 50% of needed electricity, with the remaining sections to be installed by classes throughout the school year. The completed system will be large enough to power the entire facility. The Center provides hands-on training for union electricians in installation of traditional and renewable energy solutions.

The Memec Group of San Diego will relocate in March 2003 from 70,000- f in two Sorrento Mesa buildings to a five-story, 115,000-sf facility under construction in Del Mar Heights. The global semiconductor distributor will initially occupy 92,000-sf with an option to lease the remaining 23,000-sf within one to two years.

American Airlines is in involved in a $1.3-billion redevelopment of its John F. Kennedy International Airport terminal. Featuring three concourses on three levels with 55 gates and a passenger check-in the size of a football stadium, the facility will be JFK's largest terminal upon completion. The new building will include a new international arrivals facility that will be able to process up to 2,400 people an hour. The terminal will be able to accommodate up to 14 million passengers annually when the project is completed in September 2006.

Sweden-based AstraZeneca is adding 80,000-sf to its 190,000-sf Waltham facility. The project is slated for completion in 2003.