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North Park Office Bought for Residential Conversion

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North Park Office Bought for Residential Conversion

This former AT&T admin office building at 4220 Arizona St is about to transform into something more livable. Alliance Residential just bought the 49,500 SF building in North Park for more than $7M from Community HousingWorks with plans to transform it into a 118-unit apartment complex. CBRE's Jim Neil, Eric Comer and Merrick Matricardi brokered the deal.

North Park Office Bought for Residential Conversion

Is this what it will look like? We're not sure, as this is a rendering forwarded by CBRE in marketing materials for the project. But Community HousingWorks, which entitled the site, will keep a portion of the 1.21-acre site to develop a 76-unit affordable senior housing project that will be designed in partnership with the San Diego LGBT Community Center for LGBT seniors.