Veritas Urban Investing In Redevelopment Of Hillcrest And Point Loma Neighborhoods
October 11, 2016

Veritas Urban Investing In Redevelopment Of Hillcrest And Point Loma Neighborhoods

The City of San Diego is updating the Uptown Community Plan, a redevelopment district with six distinct neighborhoods and some of the highest allowable densities in the region outside of Downtown—up to 74 and 109 units/acre along transit corridors. The update, which will be considered by the City Council on Nov. 14, would provide an opportunity to build 9,500 additional units, the majority of which would involve vertical redevelopment in the Hillcrest Gateway district, Uptown's commercial core just north of Downtown.

Bisnow caught up with Veritas Urban Properties principal Russ Murfey, who is among the developers presenting at Bisnow's State of San Diego's Multifamily Market event Oct. 19, to learn more about how this plan will impact multifamily developers. 

Veritas Urban Properties is the real estate development arm of Murfey Co, a vertically integrated firm that handles everything from site acquisition, entitlements and investment capital through construction and ultimately property and asset management. “There's a ton of opportunities for…

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