Riverwalk San Diego Update: $380M Financing Secured, Construction Resumes

Riverwalk San Diego — the 200-acre mixed-use redevelopment of the former Riverwalk Golf Course in Mission Valley — is moving forward again after securing $380 million in financing in October 2025, with developer Hines and partners advancing plans for a transit-oriented community along the San Diego River.

✨Phase One (Now Under Construction):

• $380 million financing secured (Oct 2025)

– 721 residential units across four buildings

– 75,000 sq ft of grocery-anchored retail

– Central village green and public gathering space

– “The Becker” – 190-unit affordable housing community

– Planned new MTS Green Line trolley station, supported by a $41.1M state grant

– First homes expected spring 2028

– Phase One completion targeted spring 2029

• Full Buildout Vision (Mid-2030s Target):

– 4,300 total homes (approximately 10% income-restricted affordable housing)

– 150,000 sq ft of retail space

– 1 million sq ft of office space

– 110 acres of parks and open space, including restored riverfront trails

Bottom Line:

Riverwalk is one of the largest infill redevelopment projects in San Diego — transforming a former golf course into a walkable, transit-connected mixed-use neighborhood. After a construction pause during market shifts, the secured $380M financing signals renewed momentum, with phase one now actively underway.

📩📲 If you live in Mission Valley, own nearby property, or are tracking major San Diego development projects, comment or DM “RIVERWALK” and I’ll send you the official timeline and what to watch next for your specific situation.

————

Realtor: Christian Gomez

Phone Number: (949)521-9423

Email: rechristiangomez@gmail.com

Website: re-cg.com

DRE 02242748

————

#RiverwalkSanDiego

#MissionValley

#SanDiegoDevelopment

#SanDiegoRealEstate

#sandiego