SAN DIEGO — The U.S. Navy announced on Tuesday after much deliberation that they have chosen Manchester Financial / Edgemoor Infrastructure and Real Estate as the master developer for the 70.3-acre Naval Base Point Loma Old Town Campus.
The Navy chose Manchester / Egdemoor after a comprehensive selection process from August to December 2023. This project plans to provide new mission-capable facilities for NAVWAR and Naval Information Warfare Center Pacific (NIWC-PAC) as well as other potential commands.
“This is an exciting milestone for the Navy and San Diego. We look forward to continuing progress on the potential revitalization of OTC,” said Rear Admiral Brad Rosen, Commander of Navy Region Southwest. “While the Navy’s goal is new mission-capable facilities for NAVWAR and other tenant commands, the Navy recognizes that any project that is good for the Navy should also provide positive impacts to the community. We have every faith that the Manchester / Edgemoor team will be respectful and collaborative partners in this effort.”
The NAVWAR Revitalization project is a U.S. Naval real estate plan to replace obsolete 80-year-old World War II B-24 Bomber factories on the Naval Base at Point Loma Old Town Campus. The new facilities would include state-of-the-art mission capable buildings, utilities and infrastructure.
The Navy in a press release said that Egdemoor is a pioneer in the practice of public-private partnerships (also known as P3s) with over $4.6 billion in projects completed or underway. Egdemoor emphasized the meaningful impact on the community as the Navy noted that Edgemoor has completed every project on time and on budget.
Manchester has worked on several projects including the new Navy administration building in Downtown and the newly re-envisioned waterfront of San Diego in addition to other projects where they have developed over six million square feet locally.
“This is another step toward a win-win outcome for NAVWAR and the City of San Diego,” said NAVWAR Commander Rear Adm. Doug Small. “We need secure, safe, and modern facilities for our world-class workforce in order to keep pace with our growing mission requirements - delivering and sustaining information warfare capabilities for the Fleet and our partners around the world.”
The Navy is still in the process of fulfilling all regulatory requirements with federal and state authorities. They said the Navy will still engage with the public during the environmental review process.
