A+ San Diego proposes long-term joint-occupancy ground lease

Scope & details

The full contract record, as filed.

Contract amount

$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)

Contract type

FACILITIES

Contract term

Approximately 99-year holding period with ground lease payments beginning at Joint Occupancy Agreement approval and execution; construction estimated to start January 2028 with ~32‑month construction period

Renewal

Proposal assumes a multi-decade (approx. 99-year) holding period with ongoing ground lease and revenue participation; specific renewal or extension options are not detailed in the excerpt.

Document type

Proposal

Source document

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

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

PENDING

San Diego Unified, California$4,950,000 minimum guaranteed ground lease revenue plus $18,835,544 potential estimated net operating proceeds (total $28,435,544)Jul 22, 2026

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 December 10, 2025. The contract value is $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).

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 $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), 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 2375 Congress St. 2025-12-10 (Proposal), dated December 10, 2025 from San Diego Unified. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does A+ San Diego hold?

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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