Mike Aguirre says City Council's plan to sell five blocks of deteriorating buildings, including City Hall, 'defies financial gravity'. The council will try to sell the land in exchange for redevelopment. Time will tell if their plans are realistic. More:
SAN DIEGO – In an 8-1 vote Monday, City Council agreed to put five city blocks up for sale under the Surplus Land Act in a step forward in their long-awaited Civic Center Revitalization Project.
The City will sell/lease the land and the deteriorating buildings, including 101 Ash St., to developers who agree to implement a sizable chunk of affordable housing into their redevelopment plans.KUSI’s Dan Plante went live with details.
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