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 at Pacific and Broadway 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.