Market Overview

Del Mar Highlands Town Center Midway Through $120 Million Investment in Carmel Valley

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Construction is underway to welcome The Sky Deck: a restaurant collective of NEW dining destinations, 40 new retail shops, and a state-of-the-art relocation for Jimbo's…Naturally! Store openings begin in late Spring 2019

SAN DIEGO (PRWEB) July 26, 2018

Del Mar Highlands Town Center, a premier retail destination in coastal North County, has passed the half way point in its $120 million investment in new shops, dining experiences and community gathering spaces. Owned and operated by Donahue Schriber, a privately-held Real Estate Investment Trust (REIT) with a portfolio of high-quality shopping centers from San Diego to Seattle, the Center's enhancements will bring the total retail space to nearly 400,000 square feet featuring best-in-class offerings tailored to Carmel Valley's affluent residents and bustling daytime office population.

The expansion, known as The Collection at Del Mar Highlands Town Center will encompass 120,000 square feet of additional prime retail space including a vibrant new selection of 40 contemporary shops, top-rated restaurants, boutique fitness studios, and new spaces to work, play, and lounge. Set for opening in late spring 2019, Jimbo's…Naturally! will relocate from its current 14,000 footprint to a 25,000 square foot state-of-the-art marketplace on the ground floor of The Collection. Jimbo's…Naturally! provides customers with the highest quality natural foods available. The company's ingredient standards have earned them the recognition as the only grocer in San Diego with 100% organic produce, along with its vast array of prepared foods, groceries, and wellness products.
Located directly above Jimbo's…Naturally! will be The Sky Deck, a restaurant collective inspired by El Nacional in Barcelona, Spain, bringing eight to ten dining destinations including a central cocktail bar and outdoor beer garden. The unique concept inspires locals and visitors alike to enjoy dining in a destination that encourages lively social gatherings set under a bright skylight. Spaces range in size from 500 to 3,000 square feet.

In addition, as early as this fall, shoppers will enjoy new outdoor spaces including a redesigned lounge and valet welcome area located at the upper plaza near Cinépolis Luxury Cinemas, a new "outdoor office" next to Tilly's, and enhancements to the popular kids' area near the pop-jet fountain. These newly designed areas will provide comfortable places to relax, meet with friends and enjoy time under San Diego's sunny skies. For employees working nearby (an estimated 4.6 million square feet of office space is located within two miles from the Center), these new areas are expected to be a welcomed addition during the busy workday.

"Del Mar Highlands Town Center is where you find everything you need…and more." says Pat Donahue, chairman and chief executive officer of Donahue Schriber. "Our team has strategically planned this expansion for the surrounding community and our daytime office population. I couldn't be more pleased to see how our vision is coming together – parking is ready for current and future demand, new community gatherings spaces will welcome shoppers and visitors alike, and our upcoming opening of The Collection will set the tone for a new chapter in our 30 years as the premier shopping destination in Carmel Valley and North County."

Del Mar Highlands Town Center's multi-level parking structure recently opened, which has increased parking by 800 stalls available in the structure. The center also offers curbside restaurant pick-up, valet parking, complimentary shuttle service and free charging stations for electric vehicles.

Del Mar Highlands Town Center serves Carmel Valley, Del Mar, and surrounding communities with over 70 retailers located in one, easily-accessible destination. Located off the I-5 Freeway at Del Mar Heights Road and El Camino Real, Del Mar Highlands Town Center can be found at 12925 El Camino Real, San Diego, CA 92130. For leasing or broker interests, contact Phil Lyons at phil.lyons(at)cushwake.com or (760) 431-4210.

An exclusive video rendering of The Collection at Del Mar Highlands Town Center can be viewed here and an exclusive video rendering of The Sky Deck can be viewed here.

About Del Mar Highlands Town Center:
Shop, dine, relax, and explore Del Mar Highlands Town Center, a premier open-air shopping center located in the heart of Carmel Valley. With two grocers, a luxury cinema, and a unique collection of boutiques, restaurants, specialty shops, groceries, and services, you'll find everything you need and more. The upscale atmosphere of the Center incudes social gathering places near water features and comfortable lounge seating around an outdoor fireplace. With a state-of-the-art, multi-level parking structure, you can park and shop with ease. Valet is also available for $3 or complimentary with validation at Cinépolis Luxury Cinemas and can be accessed via Townsgate Drive and Kelsford Place. For additional information visit DelMarHighlandsTownCenter.com.

About Donahue Schriber:
Donahue Schriber Realty Group is a privately-held Real Estate Investment Trust (REIT) with over 60 properties representing over 11.5 million square feet of high-quality shopping centers from San Diego to Seattle. The company specializes in necessity-based retail, which includes neighborhood, community, and power center formats. Donahue Schriber developed Del Mar Highlands Town Center in 1989 and continues to own and operate it today.  Visit http://www.DonahueSchriber.com for more information.

For the original version on PRWeb visit: https://www.prweb.com/releases/2018/07/prweb15631864.htm

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