SAN DIEGO – The Navy announced today the selection of Manchester Financial Group/Edgemoor Infrastructure & Real Estate (Manchester/Edgemoor) as the potential master developer for the 70.3-acre Naval Base Point Loma Old Town Campus (OTC). The Navy and Manchester/Edgemoor entered into a period of exclusive negotiations for the potential revitalization of OTC, home to Naval Information Warfare Systems Command (NAVWAR).
From August 2023 to December 2023, the Navy evaluated proposals received from potential master developers. The Navy selected Manchester/Edgemoor after completion of a comprehensive source selection evaluation process.
“This is an exciting milestone for the Navy and San Diego. We look forward to continuing progress on the potential revitalization of OTC,” said Rear Admiral Brad Rosen, Commander of Navy Region Southwest. “While the Navy’s goal is new mission-capable facilities for NAVWAR and other tenant commands, the Navy recognizes that any project that is good for the Navy should also provide positive impacts to the community. We have every faith that the Manchester/Edgemoor team will be respectful and collaborative partners in this effort.”
Edgemoor is a pioneer in the development of public-private partnerships (P3s) and has completed every project on time and on budget. With over $4.6 billion in projects completed or under development, Edgemoor emphasizes delivering projects that meaningfully impact our communities. Manchester has developed over six million square feet locally, including the very successful new Navy administration building downtown, and re-envisioned and re-imagined the waterfront of San Diego.
The Manchester/Edgemoor team includes Clark Construction Group as design-builder, HKS as the designer for the government facilities, HOK as master planner and designer for the private development, and Dealy Development for entitlements.
“We commend the Navy’s decision to modernize its infrastructure and consolidate its activities on the OTC site,” said Neal Fleming, President of Edgemoor Infrastructure & Real Estate.
“The Manchester/Edgemoor team is committed to working closely with the Navy and the City of San Diego to deliver the next generation of elite government facilities for the Navy and an exciting mixed-use development for the Navy and broader community. We are ready to work with all stakeholders through the entitlement process,” said Ted Eldredge, President & CEO of Manchester Financial Group.
The Navy will work with Manchester/Edgemoor on multiple options for the private development of the approximately 70.3-acre site, while continuing to evaluate the feasibility of a NAVWAR only development funded by traditional military construction methods.
Manchester/Edgemoor will provide the Navy site-specific details needed to continue the Navy’s environmental impact analysis required by the National Environmental Policy Act and other statutes. The Navy will evaluate those site-specific details against the alternatives analyzed in the Draft Environmental Impact Statement released for public review and comment from May through August 2021.
“This is another step toward a win-win outcome for NAVWAR and the City of San Diego,” said NAVWAR Commander Rear Adm. Doug Small. “We need secure, safe, and modern facilities for our world-class workforce in order to keep pace with our growing mission requirements – delivering and sustaining information warfare capabilities for the Fleet and our partners around the world.”
The Navy will continue to work with Federal and state agencies to fulfill regulatory requirements and will continue to engage the public in the environmental review process. The Navy expects additional opportunities for public engagement as the project progresses.
