In the News 2003
Construction Complete For $50 million EastLake Village Marketplace Developed by Sudberry Properties, Inc.
October 28, 2003
Ribbon-cutting Ceremony and Grand Opening Celebration to be held November 15.
Construction has been completed for EastLake Village Marketplace, a new $50 million, 410,000-square-foot community retail center located at the northwest corner of Otay Lakes Road and EastLake Parkway in Chula Vista, Calif.
Sudberry Properties, Inc. is the project developer and will continue to serve as property manager for EastLake Village Marketplace. Colton Sudberry, vice president of development for Sudberry Properties, served as principal-in-charge for the project.
Fehlman LeBarre Architecture & Planning was the architect, with Andy Stevenson, AIA, serving as project designer. Sundt Construction served as the general contractor, with Greg Loy as project manager, and Pete Larsen as onsite superintendent. Nowell & Associates was the landscape architect. Stuart Engineering served as civil engineer, with Power Plus as utility consultant. The multi-tenant retail center is 100 percent leased, with leasing transactions handled by Stewart Keith and Mike Seiber of Flocke & Avoyer.
Sudberry Properties will host a grand opening celebration for EastLake Village Marketplace on Saturday, November 15, 2003. Festivities will begin with a private reception and ribbon-cutting ceremony, which will be open to the media, from 9:00 to 10:00 a.m. The reception will be attended by approximately 100 invited guests, including Chula Vista city officials and representatives from the local police and fire departments, Sweetwater School District, Chula Vista Chamber of Commerce, EastLake master-planned community, and center merchants. City of Chula Vista Mayor Steven Padilla and Assemblywoman Shirley Horton will be the guests of honor.
From 11:00 a.m. to 3:00 p.m., a grand opening celebration will be held for the public, featuring a host of free community- and family-oriented games, store giveaways, drawings, food and refreshments, live entertainment, and other activities.
"With EastLake Village Marketplace, our goal was to create a unique, community-focused atmosphere that will further enhance the feeling of community within EastLake and the surrounding areas," said Colton Sudberry, vice president of development for Sudberry Properties. "Residents can enjoy the convenience of neighborhood shopping, dining at one of seven great restaurants, or just relaxing and socializing in one of the outdoor plazas."
Situated on 35 acres, EastLake Village Marketplace serves as the gateway and town center hub for the EastLake community and its residents. Anchored by Target and Lowe's Home Improvement Warehouse, the center encompasses a dynamic mix of more than 30 tenants, including: Office Depot, Islands, Miguel's Mexican Cocina, Johnny Carino's, Prudential, Wendy's, Chevron, Wells Fargo Bank, Union Bank, Bank of America, Wendy's, Starbucks, Daphne's Greek Cafe, Jamba Juice, Coldstone Cremery, Bento & Noodles, Subway, Payless Shoe Source, Sleep Train Mattress Center and more.
Reflecting the ranching and farming history of the area, the design of EastLake Village Marketplace recaptures the essence of the "village town center," while addressing contemporary needs of patrons. Buildings vary in size from intimately scaled shops and restaurants, to larger stores totaling up to 137,000 square feet of retail space. To complement the shopping and dining experience, EastLake Village Marketplace also includes outdoor seating areas that encourage socializing and relaxation, including a large patio with shade trees, trellises, water misters, and an outdoor fireplace.
Founded in 1979 by Thomas Sudberry, Jr., Sudberry Properties, Inc. is a leading San Diego-based real estate development and asset management firm specializing in retail, urban community, and town center developments. The firm has developed more than five million square feet of community shopping centers and office/industrial parks; many of which are located within premier masterplanned communities throughout San Diego County, South Riverside County, and Las Vegas. Employing a staff of 20, Sudberry Properties is headquartered at 5465 Morehouse Drive, Ste. 260 San Diego, Calif. 92121-4714.
CONTACT: Bonnie Kutch or Sarah Daoust, (619) 299-1010, info@kutchco.com