Chicago-based developer CedarSt Companies has taken the next step in its West Coast expansion with the opening of its first Southern California property — The Nash, a 190-unit, seven-story mixed-use development in San Diego’s University Heights neighborhood.
The Nash broke ground in May 2022. The design is a bright white U-shaped structure with a setback in the center for the pool deck and recessed balconies across the façade, designed by San Diego-based architect Studio E. The ground floor facing the street is inspired by the look and function of high-end hotel lobbies.
The co-working lounge in this area is open both to residents and to the public, and includes seating areas, complimentary Wi-Fi, a private conference room and a 2,100-square-foot restaurant with patio seating. Nearly half of the units have full balconies, while the others have Juliet balconies over sliding glass doors.
In addition to the co-working lounge, resident amenities at The Nash include a rooftop deck; a fitness center; an open-air game room; an outdoor pool and hot tub with cabanas, smart TVs and a wet bar; pet-friendly areas and outdoor kitchens. Parking is available for 152 vehicles, along with bike storage. Chicago-based ProperXPM manages the property under its FLATS brand.
CedarSt has a total of 7,000 apartments in various stages of development across eight states, valued at $4 billion. Its West Coast pipeline makes up nearly a third of that number, with 2,225 units across nine projects at an estimated value of $956 million.
Alongside San Diego and Southern California, the developer’s target West Coast markets include Las Vegas and Vancouver, Washington.
