Strands Realty Group is pleased to present an exceptional development opportunity in the heart of Downtown San Diego. Located at 1035 8th Ave, this prime 0.46-acre lot is situated within the highly sought-after Cortez Hill neighborhood, one of the city’s most dynamic and evolving districts. The property, identified by parcel number 534-184-08-00, spans approximately 20,037 square feet and is zoned CCPD-NC (Centre City Planned District – Neighborhood Mixed-Use Center). It allows for a maximum height of up to 35 stories with no setback required for the first 10 stories. The zoning permits a variety of uses, including residential, mixed-use, retail, hospitality, office, cultural, and educational developments. This site is primed for a high-density, mixed-use development, offering flexibility for a range of uses, including multifamily residential development ideal for high-rise apartment or condominium construction, boutique or flagged hotel development positioned for hospitality use given the central location, retail and commercial space with ground-floor activation opportunities for restaurants, cafés, and shops, as well as office and creative space catering to the growing demand for modern, high-end work environments in Downtown San Diego. The CCPD-NC zoning encourages a vibrant, walkable urban environment with a mix of residential and commercial uses. The Centre City Planned District Ordinance allows for maximum height flexibility, eliminates parking requirements, and provides a streamlined entitlement process for developers. Strategically located, the property is within close proximity to key landmarks and transit hubs. San Diego City College is just 0.3 miles away, the Gaslamp Quarter is 0.7 miles, and the San Diego Convention Center is 1.2 miles from the site. Additionally, Santa Fe Depot and the Amtrak Station are 1.1 miles away, while San Diego International Airport is just 3.4 miles from the property. Petco Park, home of the San Diego Padres, is only 1.3 miles away. Public transportation access is highly convenient, with multiple MTS Trolley Stations within walking distance and easy freeway access to I-5 and Highway 163, ensuring strong regional connectivity. The property also benefits from Mayor Todd Gloria’s "Homes For Us All" Initiative, which provides significant incentives for affordable housing and mixed-use developments. This includes expedited permitting for affordable housing projects with reviews completed within 30 days, nearly $32 million in available funding through the Bridge to Home Program for new affordable housing developments, and access to VASH vouchers and other subsidies that offer guaranteed rental income for veteran-designated housing units. This is a rare opportunity to acquire one of the few remaining undeveloped parcels in San Diego’s urban core. With rapid population growth and increasing demand for housing, retail, and commercial space, this property offers strong market potential. Its high-density zoning supports a variety of asset types, making it a flexible and strategic investment. Located just steps from downtown attractions, transit, and employment hubs, 1035 8th Ave presents an outstanding opportunity for developers and investors looking to capitalize on the growing demand for urban living and commercial development in Downtown San Diego.