The San Diego Padres’ vision for the popular parking lot known as Tailgate Park is a 2 million square-foot, mixed-use project anchored by a technology campus.
The latest pitch, as described during a phone interview with Padres President Erik Greupner, is to convert the Petco Park-adjacent property into an innovation-driven commercial office center complemented by on-site housing and retail.
Ample stadium parking and amenity-rich public plazas are also key project components designed to turn the existing surface lot into an East Village landmark that doubles as a professional calling card for San Diego.
Thursday, the organization said that it has formed a joint venture with local and global real-estate heavy hitters Tishman Speyer, Cisterra Development and Ascendant Capital Partners.