San Diego City Council approves “Stella” development in 5 Points District
March 30, 2006 (PRLEAP.COM) Business NewsAustralian Designer helping to make change in San Diego
San Diego, CA — San Diego City Council has approved the Australian Constellation Property Group’s “Stella” development. Stella is the first of several residential developments by the Constellation Property Group to be approved since it first broke into the U.S. market last year.
Stella, which will be built on Hancock Street in the prime 5 points district - the city’s former warehouse district – is at the heart of a metropolitan revival and redevelopment.
Eugene Marchese, President of the Constellation Property Group says of the approval. “This development marks a significant milestone for us. Stella is the first ultra modern development we introduced to San Diego; we saw an opportunity to be a catalyst for the redevelopment of the 5-points district in downtown. This is the first step to making it happen.”
Building in areas seeing major change is not something unfamiliar to Marchese who has successfully built in similar areas in Sydney and Melbourne. Marchese and his 62 architect firm deliberately seek out overlooked areas on the point of gentrification, near bustling downtowns. Marchese + Partners have changed the style of urban development and are redefining how people think about living. Stella is a new breed of living in a changing San Diego, a catalyst for revitalization and positive change.
Located just minutes from downtown, these loft style condominiums feature Australian-edged architecture and a prime location - making “Stella” a rare find at an affordable price.
Marchese adds, Stella is much more than just condominiums. “Stella, along with many of our developments, is built with the workforce population in mind. Here in San Diego the market is often difficult to break in to, and this particular residential development is ideal for those who have always wanted to live in a luxurious living space, downtown - without having to pay premium prices.” Stella’s groundbreaking date is yet to be announced.
About Stella’s Design
Set in the heart of San Diego’s prime 5-point district - its avant-garde design provides a blend of privacy and openness, connecting residents to life beyond their walls. With a two-story and single-story layout – both deliver unique living surroundings where style is just as essential as comfort. Expansive windows are magnificent, positioned at the front and back of each unit to allow light to infuse and views to pervade the complete living space. Cross flow ventilation helps to draw in cool, comfortable pacific coastal breezes. Details include modern finishes and fixtures, and only the finest materials. Combined, these elements make Stella a benchmark in design.
Stella is a luxurious yet low maintenance, cost effective and energy efficient haven - a perfect balance between style and functionality.
About Constellation Property Group
Constellation Property Group brings contemporary, Australian inspired architecture driven by passion for creating ultra-modern condominiums. Constellation Property Group is a unique property development
organization that combines the extensive skills of experienced property developers, marketing specialists, financiers and award winning architects, Marchese + Partners, to deliver extraordinary development solutions in Australia & the United States.
At its core is the Managing Director of Constellation Property Group, Eugene Marchese, who as the principal of Marchese + Partners, is recognized as one of Australia’s leading architects in the “designer” condominium development industry. Visit www.constellationproperty.com.
About Marchese + Partners
Marchese + Partners, an Australian architect firm, has redefined how to think about living and has driven contemporary architectural design to a new level. Regarded as one of the top residential architect firms of Australia, Marchese + Partners have developed a significant portfolio of successful residential developments. Marchese won the design competition for the $800 million Batman’s Hill Precinct at the Docklands in Melbourne, Australia. This prestigious project includes planning for 1,200 apartments and 460,000 square feet of retail space.
Marchese + Partners: Life + Style. Creating a vision for living that integrates life and light with truly modern style. Visit www.marchesepartners.com.