MegaYacht.Com: Point Loma Marina Coming to San Diego

Street side view of Point Loma Marina in San Diego, with construction slated to begin in the Spring of 2006.

Waterfront view of the Point Loma Marina.

Point Loma Marina LLC, a partnership between Driscoll Inc. and Beauchamp Realty, Inc., has received a one-year agreement from the San Diego Unified Port District to develop a plan to build the Marina Green Bayside commercial site. The site is located on the 4900 block of North Harbor Drive. The plan, which will include developing architectural drawings and obtaining entitlements, is due on March 31, 2006.

Point Loma Marina’s vision for the 5.5 acre “The Wharf” project and components approved by the Port includes 50 marina slips, recreational dock, enhanced commercial fishing space for fish off-loading, fish market and commercial fishing boats, a 13,000 square foot public park and promenade and a pedestrian pier, food court, restaurant, retail and office space and parking. Additional parking will be provided on the adjacent Driscoll Wharf property, currently under lease to Tom Driscoll, a Point Loma Marina principal.

Driscoll said, “We have a long commitment to the entire waterfront community, demonstrated by our development of Driscoll Wharf and Kettenberg Marine, among others. Simultaneous to developing The Wharf plan, we will begin immediately on the second phase of our master plan to further develop the Driscoll Wharf property.”

Point Loma Marina is targeting Spring 2006 to begin building the project, estimated to take a year. The principals of “Point Loma Marina LLC” include Driscoll Inc., Beauchamp Realty, Inc. and Eric and Patricia Leslie.

Thomas Driscoll, and his father Gerald Driscoll, are partners in Driscoll Inc. Together they have been established waterfront business owners and operators for four decades. They currently own and operate four boatyards: Driscoll Mission Bay, Driscoll’s Wharf, Kettenburg Marina, and Driscoll Boat Works, plus a recreational boat marina in Mission Bay and a commercial fishing marina in San Diego Bay. Three of these properties are Master Leases with the San Diego Unified Port District.

John and Beverly Beauchamp Grimstad are principals in Beauchamp Realty, Inc., as well as in the real estate holdings of the Orange County-based Beauchamp properties. The Beauchamp family’s properties include four Southern California marinas totaling over 2,100 slips and a recreational mooring buoy system (also an existing Master Lessee of the Port District). In the last three decades, the Beauchamp family holdings have included hotels, shopping centers and multi-family residential properties. They are also co-owners in Western Dental, a family-owned dental HMO with over 140 offices statewide.

Eric Leslie is a longtime manager of multiple bay front and real estate properties.