Cardiff By-The-Sea Town Center

Cardiff By-The-Sea, California

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Cardiff Town Center is an office and retail center in the heart of the quirky and upscale beach community of Cardiff-by-the- Sea, a community in Encinitas, California. Since 2000, we have overseen three phases of renovations and facelifts for this 52,000 square foot popular community hub. Tenants now include a variety of both locally owned businesses and national chains that front onto two open courtyards.

The buildings were originally a Von’s and Value Fair constructed in 1964 and remodeled in 1984 as a Cape Cod retail center with second floor offices.

Phase 1 (2000) – The south end of the center was renovated to create 6 tenant spaces and reinforce the “Cardiff Seaside Market” – the heart in the community.

Phase 2 (2004) – The north side of the project included removing the roof over an underused interior courtyard and major exterior renovations to the facades and Newcastle frontage. Courtyard retail leasing increased and second floor office space became ocean view. Rents increased from $12/SF to more than $36/SF. Real estate value tripled.

Phase 3 (2008) – The one story north wing housing a 5,600 SF restaurant was removed and replaced with a two-story addition providing 2 restaurant spaces on the courtyard level and 5 office spaces on the second level – doubling the rental area and increasing building square footage to 58,615.

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