A+ San Diego proposes 99-year ground lease at Gifford Way

Scope & details

The full contract record, as filed.

Contract amount

$4,950,000 minimum guaranteed ground lease revenue plus $18,835,544 potential estimated net operating proceeds (total $28,435,544)

Contract type

FACILITIES

Contract term

Estimated May 2028 start of construction/ground lease through a 99-year holding period (years 1–99 shown)

Renewal date

2127-12-31

Renewal

Proposal models a 99-year holding period with annual ground lease payments and a 22% share of residual net operating proceeds to the District; annual escalation of ground lease is to be negotiated during final agreement.

Document type

Proposal

Source document

A+ San Diego Proposal for 6735 Gifford Way 2028-05-01

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A+ San Diego Proposal for 2375 Congress St. 2025-12-10

PENDING

San Diego Unified, California$233,391,917 total estimated income to district over holding period (including $550,000 guaranteed ground lease revenue and $222,041,917 potential estimated net operating proceeds plus $10,800,000 other income)Dec 10, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by San Diego Unified?

A+ San Diego was awarded this facilities contract by San Diego Unified, as recorded on July 22, 2026. The contract value is $4,950,000 minimum guaranteed ground lease revenue plus $18,835,544 potential estimated net operating proceeds (total $28,435,544).

How much is the A+ San Diego contract with San Diego Unified worth?

The A+ San Diego contract with San Diego Unified is valued at $4,950,000 minimum guaranteed ground lease revenue plus $18,835,544 potential estimated net operating proceeds (total $28,435,544), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a proposal record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in A+ San Diego Proposal for 6735 Gifford Way 2028-05-01 (Proposal), dated July 22, 2026 from San Diego Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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A+ San Diego may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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