San Diego Plans Housing Retail Ground Leases
City of San DiegoCity · San Diego, CA- Disclosed value
- $731,900,000 nominal projected rent for market-rate housing leases; $48,400,000 nominal projected rent for retail leases
- From staffreport
- Document date
- Oct 16, 2026
- Term
- Maximum 85 years for each lease
The 30-second brief
San Diego plans separate long-term ground leases with Midway Rising LLC for market-rate housing and retail parcels. The leases may run up to 85 years and are projected to generate combined nominal rent of approximately $780.3 million.
Midway Rising LLC holds this facilities contract with City of San Diego.
Term as filed: Maximum 85 years for each lease.
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Contract details
- Contract type
- Facilities
- Amount
- $731,900,000 nominal projected rent for market-rate housing leases; $48,400,000 nominal projected rent for retail leases
- Document date
- October 16, 2026
- Term
- Maximum 85 years for each lease
- Vendor
- Midway Rising LLC
- Agency
- City of San Diego
- Source document
- The City of San Diego Staff Report Disposition and Development Agreement with Midway Rising LLC 2026-10-16 (StaffReport)
Midway Rising LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by City of San Diego?
Midway Rising LLC was awarded this facilities contract by City of San Diego, as recorded on October 16, 2026. The contract value is $731,900,000 nominal projected rent for market-rate housing leases; $48,400,000 nominal projected rent for retail leases.
How much is the Midway Rising LLC contract with City of San Diego worth?
The Midway Rising LLC contract with City of San Diego is valued at $731,900,000 nominal projected rent for market-rate housing leases; $48,400,000 nominal projected rent for retail leases, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in The City of San Diego Staff Report Disposition and Development Agreement with Midway Rising LLC 2026-10-16 (StaffReport), dated October 16, 2026 from City of San Diego. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Midway Rising LLC hold?
Midway Rising LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of San Diego currently buying?
Explore City of San Diego's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.