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The Coast News, February 23, 2024

Page 1

PRSRT STD U.S. POSTAGE PAID ENCINITAS, CA 92024 PERMIT NO. 94

THE COAST NEWS

.com LOCAL, INDEPENDENT, TRUSTED

VOL. 38, N0. 8

Marea inches ahead

Feb. 23, 2024

SAN MARCOS -NEWS

.com THE VISTA NEWS

Developer to pay $1M fee instead of building affordable hotel rooms

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By Laura Place

ENCINITAS — The Marea Village mixed-use project proposed in Leucadia is moving forward after over a year of negotiations between the developer and the California Coastal Commission regarding hotel room affordability. Planned for 1900 and 1950 North Coast Highway, Marea Village is a mixed-use project with 94 LARRY JACKEL apartment units Fenway Capital (including 19 affordable units), a 32-room hotel, and six commercial buildings. The project is the sister development to Fenway Capital Advisors’ luxury Alila Marea Beach Resort, located to the north. Despite receiving city approval in August 2022, the project was delayed until late last year due to an ongoing disagreement with the California Coastal Commission about the required number of low-cost hotel rooms in the project. Ultimately, both parties agreed in October that Fenway Capital would forgo any low-cost rooms and instead pay a $1.1 million in-lieu fee to go toward other affordable local projects. This agreement was confirmed at the commission’s Feb. 8 meeting, and the developer is awaiting building permits from the city. “The Marea Village revised TURN TO MAREA VILLAGE ON 24

RANCHO SFNEWS

Portrait of Oside

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An upcoming exhibit at the Oceanside Museum of Art will showcase local photography featured in The Osider in honor of the magazine’s 10th anniversary, including a photo of Bruce Parker, above, known locally as Black Trenchcoat Guy. Story on 31. Photo by Zach Cordner

Single-family home sales drop in January By City News Service

Carlsbad’s pickleball court push The city of Carlsbad has agreed to build eight new outdoor pickleball courts in reponse to growing demand. 12

REGION — Sales of attached properties in the San Diego area such as condominiums and town homes increased in January, while single-family home sales dipped, according to data released Feb. 20 by the Greater San Diego Association of Realtors. According to the data, compiled by the SDAR through the San Diego Multiple Listing Service, re-sales of condos and town houses increased by nearly 6% in

January, compared to December, and were almost 12% higher than January of last year. However, single-family home sales were down 4% month-over-month, and 5.5% lower than a year ago. “We anticipate that this increase will soon be mirrored by a rise in sales of single-family homes, as buyers react to the projected interest rate drops and the transition into the spring and summer

YOUNG AT HEART

Solana Beach resident Delores “DeeDee” Marie Noble blows out the candles during her 100th birthday party on Feb. 17 at Leucadia Pizzeria in Encinitas. Noble was married for 70 years and has three children, six grandchildren, and seven great-grandchildren. Photo by Michelle Slentz

TURN TO HOMES ON 3

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The Coast News, February 23, 2024 by Coast News Group - Issuu