Thursday, May 25, 2006

Fisherman's Wharf

Major changes to watch out for here at the corner of Victoria and Channel Islands Blvd. The developer of the center at the time of this posting is proposing retail on street level with condominiums and apartments above. The center will be expanded to the current boat launch area on Victoria.

Watch for more updates.

Casa Sirena Hotel

Expect great things!! The old Casa Sirena Hotel, Bud Smith's gem in the center of the harbor on Peninsula Road has been sold to a Texas company. There will be two hotels. The smaller building on the North side will be a Hampton Inn. This should be completed by the end of 2006. The older larger building at the end of the peninsula will be undergoing a major remodel/rebuilding project. At the time of this post, it is expected it will be a Hilton Hotel.

Seabridge Marina

The master plan that was approved in the mid-1980's, when Harbour Island was approved and built, is now being developed. Westport at Mandalay Bay is all sold out and resales are taking place, WhiteSails is nearing completion, and Seabridge, which will add another 120 waterfront homes to the harbor is in the development stage. Due to governmental and environmental restrictons, it is unlikely that more boat dock homes will be built in California.


Seabridge, at the corner of Wooley and Victoria will be a gated community offering a clubhouse with fitness center and pool for the residents. The first phase of homes sold out in late March and the second phase was released in early April. The second phase sold out immediately. Prices for the Port Provence homes on the water ranged from $1.2 - $1.3 million and the larger Port Haviland homes range from $1.4 - $1.5 million. The next release of the Port Haviland series will be Phase 3 and 4 on Hemlock Street.

Seabridge will also add about 20,000 square feet of retail space, which will include a Vons Life Style market, a Coffee Bean & Tea Leaf, and the new Re/Max Beach/Marina office.