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$120 Million Seahaus Condos Launch Construction in La Jolla |
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12/30/2003 |
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Construction has begun on the $120 million Seahaus condominium community on a spectacular bluff overlooking the Pacific in La Jolla, it was announced by Michael D. Pattinson, president of Barratt Urban Development, co-developer with CLB Partners.
Construction on the 138-home oceanview community is being handled by Webcor Builders, one of the Wests foremost construction contractors.
"Barratt and CLB are proud to have a construction firm of Webcors sterling caliber and reputation to handle what will be a landmark project along the San Diego coastline," Pattinson said while touring the site as initial concrete footings were poured. "A project of this diversity and architectural distinction requires highly professional attention to detail and a dedication to fine craftmanship, qualities which Webcor is well recognized.
"The ultimate and most important judges of our work at Seahaus will be the homeowners themselves and the surrounding Bird Rock neighborhood of south La Jolla. In addition to Seahaus outstanding architectural design, Barratt and CLB Partners, together with Webcor, will be observing the highest construction standards and meticulous quality control throughout.
"A community with the world-class stature of La Jolla deserves nothing less."
Seahaus is replacing a pair of rundown, abandoned motels, with 138 luxury townhomes and condominiums, along with 5,700 square feet of top grade retail space, a community meeting room and private recreational facilities.
In the developers effort to provide a custom level of diversity, Seahaus will present 37 broadly varied floor plans, ranging from approximately 700 to 2,200 square feet two-story townhomes, large elegant flats, luxurious single level oceanview condominium homes and sprightly loft studios will be offerred in five distinct product lines. A retail center and recreational amenities, among carefully maintained grounds, are also part of the plans. Homeowners will enjoy the ease and security of subterranean parking.
Barratt is retaining stately palm trees on the site, preserving three view corridors to the ocean and providing public access to the scenic overlook.
"Architectural variety will convey a coastal eclectic streetscene with visual full-perimeter excitement, resulting in an upbeat, uncluttered, well-landscaped environment blending with adjacent properties and the established upscale Bird Rock milieu," Pattinson noted.
Anticipated pricing is from the $400,000s to over $1 million. Nearly 2,000 persons have already placed their names on the advanced interest list for Seahaus according to Cynthia Monaco, sales and marketing manager for Barratt Urban Development.
As the richly detailed Seahaus village begins to take shape, the developers in early 2004 will open an information and sales center, Seahaus Shop, across La Jolla Boulevard at the corner of Midway Street. Sales will begin in the spring with move-ins next fall. Names may be added to the interest list and further information obtained by clicking onto seahaus.com or calling 1-866-SEAHAUS.
Consistently listed among the top 400 general contractors in the country, Webcor Builders is headquartered in San Mateo with offices in Los Angeles, San Diego, Anaheim and San Francisco. Thirty-two years of working for such clients as Starwood Lodging, Lucasfilm, Oracle Corp., The California Academy of Sciences, Symantec and Electronic Arts has secured its position as a builder for high-profile, large-scale projects. With over 850 employees, Webcor currently has over $1.3 billion of contracts in place.
Webcor has recently completed several high-profile projects in downtown San Diego, including the 19-story, 210,000 square foot W Hotel San Diego for Gatehouse Capital, developing for Starwood Lodging, and the historic restoration and seismic upgrade of the Santa Fe Depot baggage building for Catellus Urban Development.
Webcors signature projects also include Western Asset Plaza, a five story office building with Subterranean parking in the heart of Pasadena, and a 423,000 square foot high-end residential tower known as The Californian on Wilshire in Los Angeles, now under construction, for the Chicago based Fifield Companies.
Further solidifying Webcors strong presence in Southern California was the recent groundbreaking for what will be the first high-rise office building to be built in downtown San Diego in nearly a decade: Broadway 655, a 23 story, 691,000 square foot project with ground level retail for Lankford & Associates.
In recent years some of the San Francisco Bay Areas most acclaimed structures have been the work of Webcor. These include the 32-story W San Francisco Hotel, the 14 building, three million square foot Electronic Arts Campus, the twin 20-story, 266-unit Towers, and the architecturally distinguished eight-story, 403-car parking structure for the san francisco Museum of Modern Art, which won the Grand Award of the Concrete masonry Association.
Barratt Urban Development, a new division of Barratt American, was established to carry out redevelopment projects in San Diego Countys urban cores, much as its British-based parnet company, Barratt Development Plc. has been a significant pacesetter for community renewal throughout Britain. Other Barratt Urban Development projects will begin construction soon in the East Village of downtown San Diego, in the new Crossroads Redevelopment District in the College Area, in downtown La Mesa and central Escondido.
"Barratt Urban Development is committed to the regeneration of our cities in this country and will be acquiring more prime sites convenient to employment and recreation, which offer the opportunity to redevelop dilapidated sites, reduce traffic on our freeways, and bring economic benefits to local communities," Pattinson added.
Founded in 1958 by famed Sir Lawrie Barratt, now retired from his long leadership role, the international Barratt Group has provided more than a quarter million homes in the United States and Europe, including more than 17,000 in Southern california alone. Under pattinsons leadership, Barratt American is also building suburban homes across a full market spectrum in san Diego, Riverside and Orange County. For more information and to pre-qualify for a mortgage loan without commitment visit barratthomes.com.
CLB Partners, Barratts partners at Seahaus, develops urban infill locations into quality residential communities both for sale and for rent. The firm focuses on luxury product and premier urban settings. Founded in 1997 by will Cureton and Richard Block, ClB Partners benefits from the substantial experience in the business and financial arenas of these real estate veterans.
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