Townhomes to replace offices and cottages in the Village

Rendering shows south elevation of the 1030 Pearl St. project. Courtesy

Brad Termini stands in front of the structures which are set to be torn down. Photo: Dave Schwab

The courtyard at the office complex is set for demolition. Photo: Dave Schwab

By Dave Schwab
Staff Writer

Demolition will begin soon on the office building and cottages at the corner of Pearl Street and Herschel Avenue to make way for 24 townhome units.

The 27,687-square-foot development site at 1030 Pearl St., which includes an office complex and eight yellow beach cottages, was purchased by Zephyr Partners for $7.5 million.

Brad Termini of Zephyr Partners talked last week about plans for the new development.

“They’re (townhomes) going to be two stories above a garage, and will be the same height as all the rest of the buildings in the neighborhood,” he said. “We’re going to have one-, two- and three-bedroom units on two parcels — one with an existing, one-story commercial structure adjoining another parcel with little yellow cottage apartments.”

Termini said the previous property owner went through the community approval process for the project and got it “teed up and ready to go.”

“We’re going to begin construction next month (April),” he said, adding he expects demolition to take about a month.

Tenants in the commercial building, including a couple of dentists, an insurance agent and a psychiatrist on month-to-month leases, had vacated the premises by last week.

“All of those businesses have relocated to other parts of the Village,” Termini said.

The recession caused Zephyr Partners to rethink the proposed residential project on the site.

“We’ve been trying to find unique locations where we could build new product and deliver at a good value,” said Termini, noting the price of townhome units originally pegged at $1 million-plus has been scaled back. “We think today’s market is really $600,000 to $975,000, not above $1 million,” he said. “If you’re offering quality homes that are well built and highly amenitized at today’s values — people are driven to that.”

Zephyr’s housing project, yet to be named, will be townhomes, not condos.

Termini explained the difference: Condos are stacked apartments with somebody below or above and on either side of you with shared parking and some shared amenity like a pool. In our townhomes everybody will have their own walk-up entry. There’s no common hallways. You have your own front door. Everybody has their own two-car garage and it’s on-grade, not subterranean.”

Many of the townhome units will have rooftop decks offering ocean views.

Termini said it’s anticipated the project will be completed and opened in April 2012.

“We’re going to set up a sales office and a showroom somewhere downtown this summer,” he said. “We’ll have renderings and start to capture some buyers.”

For more information call (858) 348-7672 or e-mail

Related posts:

  1. La Jolla’s Trattoria Acqua closes after 17 years
  2. Three cars damaged, no one hurt by falling tree in La Jolla
  3. Architect reveals plans for condo redevelopment of Copley properties
  4. Adelaide’s Florists in La Jolla changes ownership
  5. Blown fuse to blame for streetlight outage in La Jolla

Short URL:

Posted by Dave Schwab on Mar 16, 2011. Filed under La Jolla, News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

La Jolla Community Calendar


Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

RSS North Coastal News

  • Del Mar couple to present program about Bhutan at Solana Beach Library September 1, 2014
    Join cultural anthropologist and photographer Roger Harmon and his wife, Nancy, at 6:30 p.m. Tuesday, Sept. 9, in the Solana Beach Library for a free presentation of their travels to Bhutan through slides and artifacts. […]
  • Carmel Valley Boy Scouts climb Mount Whitney September 1, 2014
    Several boys from Boy Scout Troop 765 (Carmel Valley) made the climb to the tallest peak in the contiguous 48 states this summer. They spent the summer hiking the tallest peaks of Southern California, preparing for their hike of Mount Whitney. These peaks included Mount Baldy, Mount San Jacinto, and Mount San Gorgonio. The boys made the 22-mile round-trip tr […]
  • Multimillion-dollar renovation complete at Hilton San Diego Del Mar September 1, 2014
    Hilton San Diego Del Mar announces the completion of its multimillion-dollar renovation. Funded by Wheelock Street Capital and Sage Hospitality, the hotel’s completed renovation includes the lobby, business center, fitness center, restaurant, meeting spaces and all 257 guest rooms. “This renovation has truly transformed the Hilton San Diego Del Mar property, […]