DIEGAN CONDO HOTEL––DOWNTOWN’S HOTTEST PIECE OF LUXURY REAL ESTATE

With a personal concierge on hand and room service to boot, the penthouses at Diegan Condo Hotel make ordinary condos seem, well, ordinary.

Vertical Village San DiegoDOWNTOWN SAN DIEGO, CA––With nearly seventy-five percent of the project reserved, the Diegan Condo Hotel has quickly become downtown San Diego’s hottest real estate investment. It is being developed in conjunction with the House of Blues by Orange County-based 5th Avenue partners, and features 161 condos and 24 Luxe Penthouses.

Diegan is the first of its kind in San Diego and is located at the northern end of the Gaslamp Quarter, in the heart of downtown’s renaissance. Though novel the area, the condo-hotel model is not new––it is a real estate development and investment trend now prevalent in major cities across the United States, Canada and Europe.

Once finished, the luxurious boutique hotel will be nothing short of extraordinary, featuring the House of Blues, the ultra-exclusive Foundation Room club, Whiskey Bar lounge, Ivan Kane’s Forty Deuce, a premier health spa, fitness center, pool and two signature restaurants by world renowned chefs. Condo owners will enjoy access to all such amenities, on top of five-star hotel services like personal concierge, valet parking and housekeeping.

What’s more, all condo and penthouse units at the Diegan will be delivered to buyers fully furnished and stylishly accessorized, including luxury appointments such as full marble baths and plasma televisions.

According to Jim Trammell, President of 5th Avenue Partners, Diegan will soon be downtown San Diego’s premier leisure and entertainment destination. “Diegan will raise the bar on the quality of nightlife and entertainment in San Diego,” commented Trammell. “When the project is completed it will be a little bit of Times Square meets the French Quarter and Sunset Boulevard all contained on a single block.”
           
While some people will choose to live at Diegan year-round, most purchase condo-hotel units as second home investments and opt to put them into a hotel rental program. This often affords condo owners the opportunity to earn revenue from stays by hotel guests.
           
Diegan is expected to be completed in early 2007 and is located on Fifth Avenue just north of Broadway.

 

265 West Market Street · 690 West B Street · San Diego, CA 92101
  Phone: 619.236.9393 · Fax: 619.236.9399 · VerticalVillageRealty.com