26347 N Centre City Pkwy

This ±17.28-acre site presents an excellent

development opportunity in Escondido, San

Diego County, one of California’s most desirable

markets. Situated within the jurisdiction of the

County of San Diego, the current zoning permits

one residential unit per acre. However, a future

developer can take advantage of the state's

density bonus law to potentially increase the

development density, enhancing the project’s

potential.

The site is strategically positioned along the

78 Corridor, a major employment corridor in

the region. Stretching over 17 miles, the 78

Corridor is a hub for prominent industries such

as life sciences, technology, and innovation. Key

cities within the corridor—including Escondido,

Oceanside, Carlsbad, Vista, and San Marcos—are

home to nearly 300,000 jobs and boast over

3.2 million square feet of Class "A" office and

life science space. Leading employers in the

area include Viasat, Genoptix, Palomar Hospital,

Genentech, Gilead Sciences, Sparsha Pharma,

Kaiser Permanente, DJO Global, Leidos, Watkins,

Leica Biosystems, and LMI Aerospace. To the

south, Rancho Bernardo adds an additional 2.7

million square feet of Class "A" office space and

hosts major companies like Apple, Northrop

Grumman, Broadcom, HP, and Amazon.

Additionally, Palomar Health is investing in

the region with a new $100 million, 120-bed

behavioral health facility near its Escondido

campus. Construction is set to begin in Q3

2024, with an expected completion timeline

of about 18 months. This development further

underscores the growing significance of the area

as a key healthcare and employment center