The Port of San Diego received the Economic Prosperity Award as part of the Partnership’s “Create the Future” honors program, during a recent ceremony at the Hilton San Diego Bayfront.
According to a Port news release, “the successful repositioning and revitalization of Seaport Village is a result of the shared vision and collaboration efforts among the Port, Protea and SLP Urban Planning.”
Located on Harbor Drive in downtown San Diego, the popular shopping and sight-seeing spot first opened in 1980.
Officials said that the Port, which took ownership of Seaport Village in 2018, has made almost $8 million in operational and financial investments to transform the waterfront attraction.
“Thanks to our revitalization efforts at Seaport Village, San Diegans are rediscovering our waterfront hub and taking notice of its forward evolution – it’s always been beloved by tourists, and now it’s becoming a San Diego hotspot as well,” said Dan Malcolm, chair of the Port’s board. “It’s also attracting the attention of major regional players in the food and beverage space.”
According to Port officials, Seaport Village has gone from 20 vacancies to just four – achieved in coordination with a leasing broker, Retail Insite – and is operating at 94% occupancy.
Stacey Pennington, president of SLP Urban Planning, said her company was “delighted” to be recognized by the Downtown San Diego Partnership, adding that “we couldn’t have asked for better partners in the conceptualization and execution of a vision and strategic plan …”
Jeffrey Essakow, president and CEO of Protea Property Management, said with Seaport Village, “We aim to tell the story of a great public space that serves visitors and is also built around the needs and desires of a community.”
– City News Service