First Phase of Riverwalk Redevelopment Construction Begins in Mission Valley

Construction of a 200-acre transit-oriented neighborhood development along the San Diego River in Mission Valley began with a ceremonial groundbreaking Wednesday attended by city officials and project executives.

The Riverwalk San Diego project is intended to transform the existing Riverwalk Golf Club into a neighborhood and restore the stretch of San Diego River that runs through it, according to Houston-based real estate developer Hines.

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What gets me up in the morning — and often keeps me up at night — is how to put a roof over every San Diegan’s head at a price they can afford. Projects like Riverwalk will help us get there with 4,000+ homes, including 400+ affordable to low- and middle-income renters.🏘️ pic.twitter.com/u5UjufZtLJ

— San Diego Mayor Todd Gloria (@MayorToddGloria) September 21, 2022

Phase one of construction will include 930 for-rent apartments spread across a series of five buildings along Friars Road, 75,000 square feet of retail space, as well as sidewalk and bike lane improvements, developers said.

“Riverwalk is truly a poster child for smart growth,” said Mayor Todd Gloria. “When it comes to housing, mobility, natural resources, open space, environment, climate action — you can understand why the Mayor wants to be here today. This is a good day for San Diego.” 

The project will have a planned 4,300 units of housing — of which 430 are designated income-qualified affordable housing. The plan also includes a new Metropolitan Transit System Green Line trolley stop, 1 million square feet of office space and 100 acres of parks, including a 60-acre regional park celebrating the San Diego River.

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We are thrilled to officially break ground on the Riverwalk project! This new housing development will be a tremendous asset to our community. Residents will benefit from being close to transit, and the connection to the trails. pic.twitter.com/57ZQZzdbku

— Supervisor Nathan Fletcher (@SupFletcher) September 21, 2022

The completion and grand opening of Riverwalk San Diego’s phase one is slated for early 2025. Developers said the 18-hole Riverwalk Golf Course will remain open through phase one of construction.