National real estate developer CEDARst Companies has broken ground on The Lawson, an $89 million ground-up multifamily development located at 2935–2961 A Street in San Diego‘s South Park neighborhood.
Developed in partnership with Bridge Investment Group, The Lawson was designed by AC Martin with Rockwood Construction serving as general contractor. The project will add 180 new residences—ranging from studios to two-bedrooms—along a walkable corridor linking South Park and Golden Hill, with a mix of market-rate and affordable units.
Located just two blocks from Balboa Park, the property will offer residents easy access to one of San Diego’s most celebrated cultural and recreational landmarks. Amenities will include 149 on-site parking stalls, a wellness facility that includes a hot tub, cold plunge, and sauna, a two-story gym, and a rooftop deck offering sweeping views of the San Diego Bay and downtown skyline.
More than half of the residences (51%) will be priced at affordable housing levels, supporting San Diego’s housing needs while reflecting the inclusive and diverse character of the surrounding South Park and Golden Hill neighborhoods.
“This project represents a meaningful continuation of our investment in San Diego,” said Will Murphy, CEO & Managing Partner at CEDARst. “With The Lawson, we’re bringing attainable housing to a centrally located neighborhood, while working closely with the community to ensure the design and scale reflect the local context.”
CEDARst engaged residents through numerous public meetings, surveys, and coordination with the city councilmember’s office to align the project with the city’s development priorities.
The Lawson marks the fourth collaboration between CEDARst and Bridge Investment Group, furthering their shared vision for impact-driven housing in key U.S. markets. The project is part of CEDARst’s nationwide portfolio of Qualified Opportunity Zone developments—its ninth to date—and also aligns with the company’s broader opportunistic investment strategy. Across San Diego, Chicago, South Florida, and Las Vegas, CEDARst is engaged in various stages of planning, development, construction, and management on QOZ projects totaling $500 million and 1,600 units.
