“We’ve always anticipated having life science and technology as part of the product,” said Leo Divinsky, Stockdale Capital Partners director of asset management. “It checks so many of the boxes these firms are looking for,” Divinsky said. “We feel like this is a great time to attract life science downtown.”
Horton Plaza Ideal for Life Science Firms
Stockdale Capital Partners is actively wooing life science firms to move to the reimagined Horton Plaza as work is about to begin on redevelopment of the former Nordstrom building.
The report by Smith Group determined that the 10-acre former downtown shopping mall “has the necessary infrastructure and essential project elements to deliver sustainable, scalable and wellamenitized office space to meet the needs of the rapidly expanding life science sector.” Campus at Horton Renamed Campus at Horton, the project will initially have 700,000 square feet of office space and 300,000 square feet of restaurants, entertainment venues and retail shops.
Among characteristics that Smith Group said make the project attractive to life science companies are large floor plates of 40,000 square feet with some private patios, floor-to-ceiling heights of up to 18 feet, mechanical, electrical and plumbing infrastructure designed for lab, lab support and offices, and a 44,000 square-foot subterranean delivery tunnel running throughout the campus that is 31-feet high.
“Having the ability to make deliveries through such a convenient means of accessing the site is huge,” Divinsky said. Horton Plaza also has a direct tie-in to the Clearway Energy Center San Diego, which provides chilled water cooling within a four square-mile service area downtown, according to the company’s website.