101 Ash Street

Office building in San Diego, California 101 Ash Street SempraEnergyBuildingSanDiegoApr09.jpg Building in 2009 with Sempra Energy logo on its facade, now removed. Sempra Building (former) 101 Ash StreetSan Diego, California 32.719410 -117.163390 region:US-CA inline,title 1967 Commercial offices 288 ft on 21 447732 sqft on City of San Diego 2020-07-28 101 Ash Street Building Condition Assessment https://www.sandiego.gov/sites/default/files/1-101-ash-building-condition-assessment.pdf City of San Diego (prepared by Kitchell) 2024-05-06https://www.nbcsandiego.com/news/local/san-diego-city-council-approves-settlement-on-101-ash-street-civic-center-plaza-deals/3007997/ San Diego City Council Approves Settlement on 101 Ash Street, Civic Center Plaza Deals 2022-07-26 NBC 7 NBC 7 San Diego 2024-05-06 101 Ash Street is an unoccupied office building in the downtown core of San Diego, California. The steel and concrete structure was built in 1967 on a rectangular 180 ft on x 70 ft on footprint. The building is 21 stories with two additional underground levels for a basement-to-roof height of 315 ft on and a square footage of 447732 sqft on, including the 240-car garage. History The building was occupied by San Diego Gas & Electric (SDGE) from 1968 to 1998, and then by SDGE parent Sempra Energy from 1998 to 2015.https://www.sandiego.gov/sites/default/files/16_34_101_ash_st_review.pdf Review of 101 Ash Street Lease-to-Own Proposal 2016-10-12 City of San Diego City of San Diego (Office Of The Independent Budget Analyst Report) 16-34 2024-05-06 In 2016, Mayor Kevin Faulconer announced a $128 million lease-to-own deal under which the city would acquire the building as-is from owner Cisterra Development and at the end of the 20-year lease own the building free-and-clear. 2016-10-13 Lease of the Property and Improvements located at 101 Ash Street, San Diego, CA 92101 (the former Sempra Building - APNs 533-424-11-00 and 533-424-14-00) https://www.sandiego.gov/sites/default/files/5-2016-staff-report-and-lease-for-101-ash.pdf City of San Diego (Report to the City Council) 2024-05-06 After the deal closed in January 2017, asbestos was discovered, complicating needed renovation work and delaying the move of workers into the building. In August 2018, the San Diego City Council approved a Faulconer administration plan to invest an additional $30 million into the site for renovations. Hundreds of city workers were moved into the building in December 2019; however, by January 2020, the mayor announced an evacuation of the building for safety reasons following asbestos violations discovered by county regulators.https://www.sandiegouniontribune.com/news/watchdog/story/2021-07-05/a-short-guide-to-what-went-wrong-at-101-ash-st Anatomy of the Deal: What happened on Ash Street 2021-07-05 The San Diego Union-Tribune 2024-05-06https://www.nbcsandiego.com/news/local/city-moved-workers-into-ash-street-building-with-asbestos-violations/2243725/ City Moved Workers Into Ash Street Building With Asbestos Violations 2020-01-13 NBC 7 NBC 7 San Diego 2024-05-06 In September 2020, the city suspended monthly lease payments due to a lawsuit brought by a resident seeking to nullify the original contract and recover taxpayer losses.https://www.sandiegouniontribune.com/news/watchdog/story/2023-03-19/ash-street-deal-bonds-settlement-lawsuit Months after legal settlement, Ash Street deal continues to cost San Diego taxpayers, vex city officials 2023-03-19 The San Diego Union-Tribune 2024-05-06 In July 2022, the City Council approved a settlement with Cisterra Development, agreeing to pay the developer $86 million for the property while receiving back a refund of $7.5 million from the original lease-to-own payments. San Diego City Attorney Mara Elliott, who approved the initial deal, had urged the council to reject the proposal. The city recouped an additional $9.4 million in March 2023 after suing Jason Hughes, the real estate broker on the original deal. Hughes also pled guilty to a misdemeanor criminal charge of conflict-of-interest.https://www.kpbs.org/news/local/2023/03/22/city-council-to-consider-settlement-with-hughes-over-101-ash-street-deal San Diego settles over 101 Ash deal; DA files criminal charges 2023-03-22 KPBS 2024-05-06https://timesofsandiego.com/politics/2023/03/21/mayor-gloria-reveals-9-4m-settlement-with-broker-jason-hughes-over-101-ash-street/ Mayor Gloria Reveals $9.4M Settlement with Broker Jason Hughes Over 101 Ash Street 2023-03-21 Times of San Diego 2024-05-06 In August 2023, La Jolla developer Reven Capital proposed converting the building into affordable housing as a part of the city's request for proposals on future development for the site and surrounding publicly owned land.https://www.kpbs.org/news/politics/2023/08/24/real-estate-firm-pitches-affordable-housing-at-scandal-ridden-101-ash-building Real estate firm pitches affordable housing at scandal-ridden 101 Ash building 2023-08-24 KPBS 2024-05-06https://www.axios.com/local/san-diego/2023/09/07/san-diego-high-rise-office-apartment-conversion San Diego high-rise joins office-to-apartment conversion trend 2023-09-07 Axios San Diego Axios 2024-05-06 See also Downtown San Diego References expand Category:Office buildings completed in 1967 Category:1967 establishments in California Category:Sempra Energy Category:Core, San Diego