Projects - Petco Park
Ballpark Village

San Diego’s Petco Park and the 26-Block Ballpark District

Project Description:

Opening in 2004, PETCO Park is home to MLB’s San Diego Padres and the cornerstone and catalyst of a thriving 100-acre Ballpark District. Designed by HOK Sport & Antoine Predock and constructed by Clark, Roel & Barnhart, the 42,500-seat ballpark anchors one of the largest redevelopment projects in U.S. history, featuring hotels, offices, retail and residential components, that has transformed a chronically underutilized warehouse district into a vibrant new neighborhood and year-round destination for residents, visitors and businesses. The $294 million Ballpark, owned 70/30 percent by the City of San Diego and Padres respectively, was part of an overall $474 million development, which included land assembly and infrastructure improvements. The $3 Billion Ballpark District Redevelopment has been recognized as one of the most successful redevelopment projects in the country with a 7.6% return on the public’s investment.

CB Urban Development's Role:

Through the mid-90s, San Diego’s East Village District was an underutilized, 100-acre area of vacant warehouses. The San Diego Padres were a second-tier tenant in Qualcomm Stadium, a multi-purpose stadium ill-suited for Major League Baseball, built in the late 60s. When the City and Padres reached consensus on building a new urban ballpark in Downtown San Diego, the Padres retained Charles Black to lead the development of PETCO Park and the 26-block Ballpark District as President of the San Diego Padres and as Executive Vice-President of JMI Realty. In that role, he structured and negotiated the transaction with the City of San Diego, Centre City Development Corporation and the Redevelopment Agency of the City of San Diego, led the public outreach for the project, secured the financing for the Padres’ contribution to the project, led the design and construction of Petco Park through its completion in February, 2004 and then developed nearly 3 million square feet of private development in the surrounding Ballpark District through 2006. The $3 Billion Ballpark District Redevelopment has been recognized as one of the most successful redevelopment projects in the country with a 7.6% return on the public’s investment.