Canadian real estate developer Capexco broke ground Monday on a $35 million mixed-use development in downtown Poway.
The new development, named Outpost, is on a 1.58-acre parcel of land and is expected to include 53 residential units, an urban food hall and a 20,000-square-foot fitness center by Crunch Fitness.
Outpost is the first development under the updated Poway Road Specific Plan, which the Poway City Council approved in December 2017. Poway Mayor Steve Vaus and the City Council approved the Outpost project in March; it is expected to be completed by fall 2019.
Trent Claughton, president and CEO of Calgary-based Capexco, said Outpost is named as such because he sees Poway as a destination for all of San Diego County.
“Outpost marks an important milestone in Poway’s history that we hope will become a model for revitalization and creating a walkable downtown district for Poway,” Claughton said. “It brings needed housing and compelling new food and fitness concepts to Poway in a vibrant live, play and work mixed- use development.”
Fun @avrpstudios groundbreaking ceremony earlier today for a vertical mixed-use project in Poway, Outpost, for Capexco. Thanks to @jwalcher for the event as these social ceremonies are good for politicians/citizens to see the fruits of their planning/infrastructure investments pic.twitter.com/NWgYF7Yrkg
— Howard Blackson (@hblackson) August 20, 2018
Outpost will comprise three buildings that will house the project’s amenities, a pedestrian paseo between buildings, outdoor seeing, a patio above the food hall and underground parking.
“This project will be a catalyst for achieving” the city’s dream of creating a town center, Vaus said. “Outpost will offer new places to live, work and play while helping fuel the city’s economy.”
The Pomerado News reported that Marco DeDominicis of a Poway is a Capexco partner.
DeDominicis said it should take up to 2½ months to dig the two levels for underground parking.
“He said every effort will be taken to lessen the impact of dirt-hauling trucks on Poway Road traffic,” the paper said. “Building 1 will be a 30-foot-tall, two-story structure. There will be a 20,000-square-foot “food hall” on the first floor and second floors and a 6,500-square-foot patio on the second floor.”
— City News Service contributed to this report.
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