In an unexpected twist of events, developer OliverMcMillan has walked away from a $361-million plan to build hundreds of hotel rooms and an urban village on prime, waterfront real estate opposite San Diego’s airport.
Wednesday, the developer formally exited a contract with the Port of San Diego, which owns and manages the East Harbor Island site.
The surprise change in plans brings to a halt a years-long process to redevelop the Harbor Drive parcel that was once the home base for rental car companies Hertz, Avis and National Rent-a-Car (the businesses have since moved to the airport’s Rental Car Center garage on Pacific Highway). A portion of the site had also served as the former staging lot for airport taxicabs, and the area in question still includes the district’s Harbor Police Department headquarters.
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