Donahue Schriber Plans $50 Million Expansion for Del Mar Highlands Town Center
- Apr 30, 2014
Donahue Schriber is planning a $50 million upgrade of the Del Mar Highlands Town Center that will expand the property by about 80,000 square feet.
Located in the Carmel Valley submarket, the 25-year-old retail center currently offers 283,000 square feet of space. According to the San Diego Business Journal, the shopping center will add a 600-space parking structure. The eight-screen Cinepolis Luxury Cinemas will add three new screens, while new retail space will accommodate new stores and eateries. Current tenants include Bank of America, Domino’s Pizza, FedEx, RadioShack and GameStop.
Another tenant, KinderCare, will move to a new facility when the project is completed. Costa Mesa-based Donahue Schriber plans to start relocation of KinderCare, the movie theater expansion and parking structure construction later this year. Construction of the new retail space will follow in 2015, and the entire project is scheduled for completion in 2017.
Located at Del Mar Heights Road and El Camino Real, the center opened in 1989. Most recently, a $20 million renovation was completed in 2011.
Image courtesy of delmarhighlandstowncenter.com