- Location: San Diego, CA
- Deliver Year: 2021
- Beds: 182
- Size: 80,000 sq/ft.
- Transaction Type: Traditional Debt and Equity
- Construction Duration: 15 months
- Unit Type: Apartments
- Amenity Spaces:
Community Kitchen, Indoor and Outdoor Lounge, Lounges, Parking, Study
VIVA 5750 is located on land that is ground leased to Capstone by the San Diego State University Research Foundation and serves as a cornerstone to SDSU’s southern gateway entrance at Montezuma Road and Campanile Drive. The 4-story, 80,000 SF community will house approximately 182 students in a mixture of apartment-style units and will include a mix of indoor and outdoor amenities. VIVA 5750 will serve upper-division and graduate students at SDSU.
VIVA 5750 was financed with traditional debt and equity and achieved financial close in May 2020. The Project will have a total development cost of approximately $23.5 Million. Construction of the Project commenced in May 2020 and VIVA 5750 is scheduled to open for the Fall 2021 semester. The Project is maintained and operated by Capstone Management Partners.
