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Five50West, a 20-story, 362,822-square-footoffice building
located at 550 West C Street in downtown San Diego, CA |
SAN DIEGO, CA –– Committed to
attracting premier companies, JLL announced Alaska Permanent Fund Corporation
(APFC) has started construction on the $13.4 Million renovation of Five50West,
a 20-story, 362,822-square-foot office building located at 550 West C Street in
downtown San Diego.
A San Diego landmark and symbol of office grandeur, Five50West is best
known for its open concept first floor lobby that seamlessly connects to the
expansive outdoor concourse.
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Bess Wakeman
|
Five50West is now a hive of activity as it undergoes a comprehensive
remodel that was designed by Gensler with construction oversite provided by
JLL’s PDS team.
“As the dust settles and the construction nears completion, the
transformed Five50West will stand as a symbol of modernity and luxury,
attracting top-tier tenants and revitalizing the downtown landscape, said Steve
Adams, Senior Portfolio Manager at APFC.
'The investment in Five50West is
testament to APC’s commitment to San Diego as well as San Diego’s desirability
as a premier market nationally for employers in all sectors.”
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Richard Gonor
|
Leading the office leasing at Five50West are JLL’s Richard Gonor,
Tony Russell and Bess Wakeman. Five50West can accommodate a
wide range of users from 2,000 to 100,000 square feet.
“Downtown
remains one of the most desirable office markets in San Diego with its vibrant
energy, walkable amenities and a live-work-play lifestyle,” said Gonor, JLL
Executive Vice President.
“The downtown market
is evolving and so is Five50West. It will now provide everything today’s
employees require from a dynamic workplace – amplified amenities, food &
beverage offerings, outdoor collaborative spaces, convenient location, and a
safe environment.”
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| Tony Russell |
Inside, the first floor lobby will be infused with hospitality
conveniences using modern finishes that will create an atmosphere of
sophistication and innovation.
These finishes will carry through to the upper floors offering vibrant
and inspiring workspaces and stunning waterfront and city views that will
attract top talent.
The state-of-the-art, fitness and
wellness center, with anticipated completion of November 2023, will feature the
finest cardio, exercise, circuit-training and strength-extension equipment, towel
service, and spa like shower and locker facilities to encourage a healthier
lifestyle for the building’s occupants.
The increased capacity conference center will support larger meetings as
well as include social media sound rooms. Outside, Five50West is being adorned
with new features to enhance the tenant experience.
The expanded concourse will offer a serene escape from the hustle and
bustle complete with comfortable seating areas, collaborative outdoor
workspaces and an open concept café.
Other enhancements underway include a tenant lounge, enriched exterior
landscape and LED lighting program, and improved parking garage and way finding
signage throughout the project. Completion of the full renovation is
anticipated for Q12024.
Five50West is ideally located in the heart of downtown San Diego with panoramic views of San Diego Bay, San Diego International Airport and Balboa
Park.
It is adjacent to the Santa Fe Depot
(Amtrak, Coaster & Trolley), providing immediate access to neighbouring
communities and is walking distance to the San Diego Bay, County and Federal
Courthouses, Little Italy and other retail amenities.
CONTACT:
David Ebeling
Ebeling Communications
949.861.8351
949.278.7851 (Cell)
david@ebelingcomm.com
Member of the National Association
of Real Estate Editors (NAREE)
“PR Strategist for the Commercial Real Estate
Industry: I do what I love and love what I do.”
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