Tuesday, April 24, 2018

Operator Chosen for San Diego Retail Park

By Karen Robes Meeks

Protea Property Management, Inc. has been selected by the Port of San Diego Board of Port Commissioners to run Seaport Village after the current lease expires on September 30, keeping the 14-acre destination with 70 specialty retailers and eateries open until the Central Embarcadero is redeveloped.

Founded about 20 years ago, the San Diego-based property management firm Protea owns and manages Flower Hill Promenade and Pangaea Outpost in San Diego, California.

Port officials in 2016 selected 1HWY1 team and its “Seaport San Diego” concept to revitalize Central Embarcadero, which encompasses Seaport Village. The new Central Embarcadero will feature 30 acres of parks, open spaces, plazas, piers and walkways; a 480-foot tall observation tower; facilities for commercial fishing, recreational boat and mega-yacht services; retail and office space.