The California Coastal Commission in the US has approved the 556-acre Chula Vista Bayfront Master Plan (CVBMP), which will allow $2bn new residential and commercial developments to start in the next four years.
The City of Chula Vista and the Port of San Diego have jointly proposed the plan to transform the currently underused industrial waterfront property into a resort and conference destination.
The plan also features 240 acres of public parks, open space and natural habitat.
The Port and City will issue a request for qualifications in early 2013 to devise a shortlist of potential developers.
The project will be completed in four phases in three redevelopment districts, over a 24-year period.
The first phase of the project will involve construction of 11 buildings with up to 1,500 units which will be constructed by San Diego-based Pacifica Companies .
Development in this phase includes the construction of a conference centere, public parks and open space, a new fire station and a mixed-use residential development.
Construction of the first phase is expected to start in early 2016.
The plan covers the area west of Interstate 5, south of state Route 54 and north of Palomar Street.
The Sweetwater District on north of F Street will feature an RV park and campground, about 240ft² of office and a mixed-use commercial space, a 21-acre park and 14.7 acres of seasonal wetlands.
The Harbor District between F and J streets will include a 2,850-room resort, a 415,000ft² convention centere, a second 2,850-room hotel with 200,000ft² of retail space, an area for 100,000ft² of mixed-use and commercial space with a 3,000-space parking structure.
Harbor District will also feature 42,000ft² of office space, a residential complex with 11 structures for 1,500 housing units, a 25-acre park and 225,000ft² for boat docking as well as retail space.
The Otay District on south of J Street will incorporate a 237-space RV park, a 24-acre park, two industrial business parks and a 25-acre buffer zone.
The proposed buildings to be constructed under the scheme of the development will have a maximum height of 200ft.
Image: The master plan features a resort, conference destination, 240 acres of public parks, open space and natural habitat. Photo: courtesy of Port of San Diego .