Trader Joe’s no longer part of current Carmel Valley One Paseo plan

By Karen Billing

Trader Joe’s is no longer a guaranteed anchor tenant for the One Paseo project. Kilroy Realty had announced the specialty grocery store as a signed tenant for its mixed-use project planned for the corner of El Camino Real and Del Mar Heights Road last year.

“Great projects like One Paseo attract great tenants and we were able to bring Trader Joe’s to Carmel Valley. However, the delays caused by uncertainty in San Diego and the approval process of One Paseo has caused Trader Joe’s to exercise an option to look at other locations such as Pacific Highlands Ranch,” Kilroy said in a statement. “We will begin discussions with Trader Joe’s once again when the timing is more certain.”

One Paseo’s current plans for the project are 1.4 million square feet, more than the 500,000-square-feet of office space that is currently entitled in the community plan. One Paseo’s plans include 246,500-square-feet of retail, 484,000-square-feet of office space, 608 residential units, sidewalk and crosswalk enhancements, and a “Main Street” element for Carmel Valley.

The project is still under city review and portions of the Draft Environmental Impact Report will be re-circulated in the coming months, including the city’s request for a study of an alternative that ranges from 600,000 to 800,000 square feet.

Related posts:

  1. One Paseo project in Carmel Valley reduces density, Trader Joe’s added
  2. Carmel Valley planning board to discuss One Paseo project Feb. 27
  3. Carmel Valley community meeting on ‘Main Street’ project to be held Sept. 24
  4. One Paseo-related traffic issues to be discussed at March 28 Carmel Valley planning board meeting
  5. Carmel Valley: Meeting on ‘Main Street’ project set for Sept. 24

Short URL: http://www.delmartimes.net/?p=57252

Posted by Staff on Sep 21, 2013. Filed under Carmel Valley, Del Mar, News, carmel valley. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

6 Comments for “Trader Joe’s no longer part of current Carmel Valley One Paseo plan”

  1. Brett Morey

    Seems to me that the One Paseo site would still be a more attractive option for Trader Joe’s than Pacific Highlands. Developers like stats such as average HH income, traffic counts, proximity to local businesses etc. Obviously being off Del Mar Hights and El Camino Real would allow TJ’s closer access to Del Mar and RSF residents as well as thousands who work off High Bluff Dr. As a Del Mar Highlands resident it can only help stabilize property values to have One Paseo be successful by meeting the needs of the community while providing additional high end retailers. I like the mixed use proposal…just wish the City of San Diego doesn’t mess it up with all of their rediculous demands.

  2. Chris Covell

    The One Paso developer (Kilroy) has flagrantly ignored the community plan and instead keeps trying to push through a significantly larger development than approved. If they had abided by the plan then they wouldn’t have these delays and uncertainty that they blame on the city.

    Local surveys have shown that a Trader Joe’s is highly desired by the community (I believe that was at the top of the list of retailers locals would like to see in the One Paseo location).

    In my opinion the potential loss of Trader Joe’s isn’t the fault of the city; the fault lies squarely on the developer’s failure to serve the community by honoring the community plan. One Paseo is a great looking plan. It just needs to be sized for the community rather than for maximizing profits.

  3. Dick Hertz

    Too bad for this development, we do not need a mega mall. We neeed an auto parts store!

  4. Dick Hertz

    Neighbors: Kepp in mind that Kilroy now OWNS ALLl of the El Camino block south of Del Mar Heigfhts Road…

  5. Dick Hertz

    “” Kilroy Realty Corporation (NYSE: KRC) has purchased The Heights at Del Mar office park for $126.35 million. The acquisition represents the largest sale transaction within the Del Mar Heights submarket since 2007. (since they bought the rest of this block)

  6. Mary Walker

    We all like Trader Joes, but it’s inclusion at this site wasn’t enough to sway me to endorse a project that is grossly oversized.
    Hopefully, Kilroy has listened to public input and will offer a plan we want in the community.
    If Kilroy doesn’t keep delaying the project by trying to skirt the current size guidelines maybe there will still be time to secure Trader Joes.

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