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PROJECT SUMMARY
PROJECT NAME Solana 101
SPONSORS Zephyr & N4FL Worldwide
PROJECT TYPE Ground-Up Development
ASSET TYPE Mixed-Use (Multifamily, Retail, Office)
PARCEL NUMBERS 298-052-06-00, -07-00, -08-00, -13-00, -14-00
ADDRESS Corner of Dahlia Drive & Highway 101
CITY, STATE ZIP Solana Beach, CA 92014
COUNTY San Diego
LAND AREA 2.0 Acres
TOTAL NET BUILDING AREA 92,300 SF
MULTIFAMILY 25 Units / 28,500 SF
OFFICE 54,850 SF MULTIFAMILY
RETAIL / RESTAURANT 8,950 SF • Private patio/balconies (with
PARKING 364 Spaces (Two-Level Subterranean Garage) BBQ hookups)
ACQUISITION DATE May 2019 • Stainless steel, HE appliances
CONSTRUCTION SCHEDULE 22 Months • In-unit washers/dryers
COMPLETION Q2 2022 • Custom Italian cabinets in kitchens
STABILIZATION Q1 2023 and bathrooms
• Walk-up access to ground-floor
⊲ Entitlements and approvals secured would otherwise not be permitted under exterior units
recently enacted zoning regulations
• Electronic access control to parking
⊲ Construction commenced in Q1 2020, with completion anticipated in Q3 2021,
then was paused in March 2020 for a five-month COVID delay with two months’ garage and common areas
contingency but will resume in Q4 2020 • Private storage
⊲ Executed LOI has been received for approximately half of the project’s retail space • Communal courtyard
patio/outdoor lounge
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