In the News
Why So Few Builds in Rancho Santa Fe?
Carrie Rossenfeld, GlobeSt
April 28, 2015
Locally based developer Newport Pacific Inc. has begun construction on Palma de la Reina at 5525 Cancha de Golf, at the corner of Villa de la Valle and at the entrance to Morgan Run Resort & Golf Club in the exclusive and affluent Rancho Santa Fe submarket of San Diego. The development will include approximately 21,050 square feet of class-A commercial office, approximately 10,360 square feet of retail space and 54 residential suites, which will be available for lease by the end of the year.
The commercial center, which is expected to be completed by the end of 2015, is located on the last undeveloped commercial parcel in Rancho Santa Fe and is the first new commercial-center construction in the area in 10 years. We sat down with Patrick McNamara, VP of Newport Pacific, for an exclusive look at this submarket.
Palma de la Reina Commercial Center in Rancho Santa Fe begins construction
Rancho Santa Fe Review
April 15, 2015
The Palma de la Reina commercial center in Rancho Santa Fe began construction this month with an anticipated completion by the end of 2015. Palma de la Reina is located at 5525 Cancha de Golf, at the corner of Villa de la Valle and at the entrance to Morgan Run Resort & Golf Club.
Palma de la Reina is located on the last undeveloped commercial parcel in Rancho Santa Fe and is the first new commercial center construction in the area in 10 years.
Newport Pacific Breaks 10-Year Development Lull in Rancho Santa Fe
Jarred Schenke, Bisnow San Diego
April 15, 2015
Newport Pacific has officially broken ground on the long-awaited Palma de la Reina, a mixed-use project at 5525 Cancha de Golf—at the entrance of Morgan Run Resort & Golf Club—that will include 21k SF of spec Class-A office space, a 54-unit residential project and more than 10k SF of retail. The site, one of the last undeveloped commercial parcels in Rancho Santa Fe, is also the first new area project in a decade.
Palma de la Reina Project Breaks Ground
Christine Macone-Greene, Rancho Santa Fe News
May 6, 2015
The construction of a new commercial site in Rancho Santa Fe has officially begun. Motorists can get a glimpse traveling on Via Del La Valle, near the entrance of Morgan Run Resort and Golf Club at Cancha de Golf.
For the developer, Newport Pacific, Inc. based in San Diego, this site was ideal in serving the residents of the Ranch, Whispering Palms and nearby coastal towns.
It’s slated for completion at the end of the year.
Palma de la Reina Project Breaks Ground in Rancho Santa Fe
Christine Macone-Greene, Coast News
May 6, 2015
The construction of a new commercial site in Rancho Santa Fe has officially begun. Motorists can get a glimpse traveling on Via Del La Valle, near the entrance of Morgan Run Resort and Golf Club at Cancha de Golf.
For the developer, Newport Pacific, Inc. based in San Diego, this site was ideal in serving the residents of the Ranch, Whispering Palms and nearby coastal towns.
It’s slated for completion at the end of the year.
Construction Begins on First Retail Development in Ten Years
Seaside Courier
August 21, 2015
Construction crews began building a 10,360-square-foot retail space Thursday in Rancho Santa Fe.
The development activity along Via de la Valle at the entrance to Whispering Palms and Morgan Run Club & Resort is a sign of positive activity at Palma de la Reina, the long-awaited office, retail, and residential development located at 5525 Cancha de Golf.
Palma de la Reina, the first new commercial development in the Rancho Santa Fe area in 10 years, is on track for completion by the end of the year.
