📰 NEWS HIGHLIGHTS

Major Downtown San Diego Deal Collapses: Tailgate Park Sale Terminated

After a lengthy legal battle spanning three and a half years, the planned sale of the Tailgate Park parking lot, located just east of Petco Park in Downtown San Diego, has officially collapsed. The purchasing entity, Tailgate Development LLC—a partnership comprised of major real estate developer Tishman Speyer, the San Diego Padres ownership, and Ascendant Capital Partners—formally terminated the sale contract, officially known as a disposition and development agreement (DDA).

The canceled plans included:

• Residential Units: A substantial addition of 1,800 new residential units to the downtown housing market.

• Commercial/Office Space: Approximately 50,000 square feet of combined retail and office space.

• Public Amenities: The creation of a new public park.

• Parking: A provision for 1,200 replacement parking spaces, a critical component given the site's current use as a major event parking lot for Petco Park.

MTS and NCTD Are Offering Free Rides On NYE

NCTD and MTS are offering free rides on all bus, trolley, COASTER, and SPRINTER services after 6 pm on New Years Eve. Thanks to a generous sponsorship from BriceHouse Inc., passengers can just board without fare from 6pm to the end of nightly service. In addition, NCTD and MTS are extending operating hours until 2am to give everyone the opportunity to get home safely, no matter where in town they choose to celebrate the new year. This initiative is meant to provide a free alternative to curb drunk driving, and allow those who celebrate safely a chance to avoid high prices for rideshare services.

Carlsbad Named In Top 50 Places To Visit In 2026

Carlsbad's exceptional culinary offerings have recently garnered national attention, securing a place on Travel + Leisure's annual list of destination suggestions. The city’s dining scene was featured in an article this week, which specifically called out renowned establishments such as the Omni La Costa Resort & Spa, the Michelin-starred Jeune et Jolie and Lilo, as well as Campfire, Wildland, and Little Victory Wine Bar.  According to the executive chef at Jeune et Jolie, while each of these restaurants have a distinct personality, they share a common thread: they are fundamentally "California restaurants" that emphasize "outdoor dining, local farms, vibrant food." He explains that to succeed as fine dining establishments in a relaxed Southern California beach town, they must be both approachable and locally focused, taking full advantage of the region's Mediterranean microclimate, plentiful farmland, and coastal location.

Escondido City Council Approves Townhomes Near Transit Center

Great news for Escondido's housing market! The City Council has greenlit a 70-unit townhome project by KB Homes at 613 W. Valley Parkway, right next to the Transit Center. The development will feature all-electric homes in line with the city's climate goals and includes ample open space and over 100 trees. With a mix of two, three, and four-bedroom homes, the developer is aiming for affordability by using higher density to keep the overall square footage—and hopefully the final price—down, making it an attractive option for both first-time buyers and long-term residents.

Want to learn more? Check out this link

☕ Coffee Shop of the Week: Liquid Bean Cafe

Liquid Bean is a cozy hidden gem in the heart of Del Mar, just steps from the beach. Beloved by both locals and travelers, this spot is known for its handcrafted coffee, light bites, and decadent pastries. Be sure to try menu highlights like their delicious lavender matcha latte, yummy superfood smoothies, and generously sized acai bowls adorned with fresh toppings.

💬 Thinking About a Move? Just Curious? I’ve Got You.

If you’re considering buying, selling, or just want a quick pulse check on your home’s value, reach out any time. I’m always happy to help make sense of this market and plan your next step … And your referrals are always appreciated!

 Feel free to give me a call 760.807.7113 or just click here to send me an email: [email protected]

Best,

NS