Former ESET Office Tower in San Diego Undergoing Residential Conversion
What happened
A 19-story office tower in downtown San Diego's Little Italy neighborhood is being converted into 184 residential units for low-income households. The building, which was the longtime home of ESET before the company moved out in 2024, was purchased for $26 million. The conversion project is valued at $104.2 million and is expected to be completed by summer 2029.
Why it matters
The project aims to provide affordable housing units that are 40% below market rate for the local workforce. The developer has applied for federal subsidies to finance the large-scale office-to-residential conversion.
Who's involved
- ESETFormer occupant of the office tower in San Diego
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The entities involved
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Idaho
state of the United States of America
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Jones Lang LaSalle
professional services and investment management company
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ESET
Slovak internet security company
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