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Broadway Daycare Facility

PROJECT DETAILS

This Design-Build/Leaseback facility was created to meet the need for childcare in the bustling heart of downtown San Diego, and as a means of serving the employees of the Federal Government as well as the general public. This building’s safety features are state of the art, and its design fits beautifully into the downtown San Diego atmosphere.  Highland arranged and negotiated a ground lease, with the City of San Diego’s Redevelopment Agency, and a conventional construction and permanent loan for the project. The building is currently being leased by the Federal GSA for up to twelve years. As the successful respondent to a Request for Proposal, Highland was selected as the Developer/Owner and Design/Builder of this project.

FEATURES

  • 11,000 s.f. Childcare facility
  • Highland involved as Developer/Owner and Design/Builder
  • Davis Bacon prevailing wage and fast  track construction schedule
  • Multiple Agency interface
  • Turnkey Development
  • Federal GSA has leased facility for eight to twelve year term
  • Lease and Project Finance – Conventional Construction / Permanent Loan
  • Development/Construction/Ownership risk

Highland Partnership, Inc. • 285 Bay Blvd. • Chula Vista, CA • 91910 • 619.498.2900