Nonprofit developer BRIDGE Housing on Friday officially opened Celadon, a distinctive 17-story affordable housing development in downtown San Diego.
The tower at 9th Avenue and Broadway totals 250 units, mostly one bedroom and studio apartments. Rents will range from $533 to $879 per month for qualifying residents with incomes of up to $37,920 for a two-person household.
“We are thrilled to bring this volume of affordability and resident services to downtown San Diego,” said BRIDGE Housing President and CEO Cynthia A. Parker.
“It required persistence, complex financing and incredibly committed partners, and we couldn’t be more proud to deliver this one-of-a-kind property to the community.”
Included among the units are 25 for youth aging out of foster care and 63 for frail seniors. Residents have access to a great room, two laundry rooms and numerous outdoor spaces, including barbecues and a resident garden. The property also features a supportive services office and meeting room.
The tower is located close to the City College trolley station, 5th Avenue trolley station and multiple bus lines.
Financing for the $74.3 million project is being provided by US Bank, Civic San Diego, the California Department of Housing and Community Development and other public agencies.
Celadon was designed by SVA Architects in collaboration with Studio E Architects and built by Turner Construction Company.
