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San Diego has experienced positive economic growth every year since 1994. The regional economy has also grown comparatively faster than both state and national growth rates. While the California and United States economies retrenched into recession in 2001 and experienced an anemic recovery in 2002, San Diego recorded positive economic growth both years.

San Diego is the nation's fourth most populous county and 17th largest metropolitan area. Long term projections place the San Diego population at 3.44 million in the year 2010, an approximate increase of 21%, which equates to about 54,000 people annually. San Diego has the highest percentage of college graduates (30%) in the workforce of an U.S. city and has a median household income which will reach $51,000 in 2003, remaining "flat" in real terms from 2002 as well.  As a hub for the industries of electronics, telecommunications, defense, manufacturing, trade and biotechnology/health care, San Diego is quickly being touted as the Silicon Valley of the future.

San Diego is renowned for its beautiful beaches, world famous zoo, and Shamu at Sea World. Some other notable destinations include the Wild Animal Park, Old Town State Park, White Water Canyon Park, Cabrillo National Monument, Balboa Park (numerous museums and attractions), historic Spanish Missions, Del Mar Fairgrounds and Racetrack, Seaport Village, Convention Center, Horton Plaza, Old Globe Theater, Legoland and the Gaslamp Quarter. San Diego is also home of the annual Buick Invitational at Torrey Pines. San Diego also has notable professional sports teams, including the San Diego Padres, San Diego Chargers and the San Diego Gulls, a semi-pro hockey team.

cbre san diego downtown

www.cbre.com/sddowntown

350 Tenth Avenue
Suite 800
San Diego, CA  92101
Driving Directions

T 619.236.1231
F 619.232.2462

Joe Newman
Managing Director
San Diego Downtown / Asset Services

CB Richard Ellis
Broker Lic. 00409987


 
© 2009 CB Richard Ellis | Last Modified:Tuesday, September 01, 2009
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