Cass Street, Global Mutual Launch $20MM Site Work to Turn Former Costa Verde Center Into 13-Block High Street Village Near UTC

Sorrento Valley-based Cass Street Venture has started demolishing the long-vacant Costa Verde Center across from Westfield UTC, rebranding the 12.6-acre site as High Street Village and committing about $20 million to infrastructure ahead of a targeted 2028 construction start on a housing-led, 13-block neighborhood entitled for up to 2,738 homes.