A rendering of the $100 million K1 tower.
A rendering of the $100 million K1 tower.

The Richman Group of California has broken ground on K1, a mixed-use development that includes a 23-story residential tower with 222 apartments.

Located near the Central Library in downtown San Diego, the project will include more than 7,000 square feet of ground-floor commercial space, a restaurant, two penthouses, an urban garden and parking for 317 vehicles.

The tower is designed to include 58 studios, 87 one-bedroom units and 77 two-bedroom units.

“The site’s spectacular location — across the street from the Central Library and along the Bay-to-Park Link that joins San Diego Bay with Balboa Park — deserves an iconic project that complements the library and encourages public engagement,” said Luke Daniels, president of the Richman Group.

The project is scheduled to be completed in early 2020. It is the Richman Group’s second major downtown San Diego residential project to break ground in the past year.

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Chris Jennewein

Chris Jennewein is Editor & Publisher of Times of San Diego.