Home AEC San Diego Approves Amended $255MM Deal to Convert Troubled 101 Ash Tower into 249 Affordable Units, Rebranded 107 Ash Street
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San Diego Approves Amended $255MM Deal to Convert Troubled 101 Ash Tower into 249 Affordable Units, Rebranded 107 Ash Street

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The San Diego City Council amended its ground lease with developer 101 Ash Venture LP to advance the $254.7 million conversion of the long-vacant 101 Ash Street office tower into 249 income-restricted apartments, extending the lease term, adding units and raising the interest the developer will owe the city.

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