One Billion $ of Downtown Oceanside Projects.
March 20th, 2008 | by paulcauthen | 
In a recent developer showcase meeting held for investors and real estate professionals builders showed off over $ one billion of projects that are completed, under construction or planned for the near future. Not to mince their words please check out the San Diego Union article.
As a long time North County resident my reaction is …”finally!” No big surprise though. Oceanside has been trying to get redevelopment to gel for 25 years or more. There have been a long line of players and proposals that have gone nowhere or just crashed and burned. And “finally” Oceanside will grow into the potential it has always possessed.
The projects listed do not include many millions of dollars of smaller projects that are riding the wave of redevelopment. Oceanside has long been Southern California’s best kept secret. It has also long been scorned as a seedy military town much like downtown San Diego before redevelopment took hold there. The current state of the real estate market is providing opportunity for those who are willing to take a the risk of making their move now. I have no doubt Oceanside will be the “Gem of North County” when all these projects are completed. And the list of coulda shoulda woulda folks who missed the boat will be a little longer.
For information about what’s going on in downtown Oceanside visit the city’s redevelopment web page. There are many renderings of these projects and much more information about Oceanside redevelopment.
2 Responses to “One Billion $ of Downtown Oceanside Projects.”
By Bill McCord on Apr 3, 2008 | Reply
I agree totally with the positive tone which reflects experience up here in Silicon Valley. However, re interest rates and the Fed your comments could lead people to correlate Fed activity with Mortgage Interest Rate, an all to common misconception. I know this is not what you say but feel in could be easily misinterpreted.
By paulcauthen on Apr 9, 2008 | Reply
Thanks Bill,
You are right. I cut and pasted a comments form a lender on his explaination of what drives rates.
There is no link to your weblog when I click on your name.