CEDARst Companies has broken ground on The Lawson, an eight-story multifamily project in San Diego’s South Park. The $89 million development is slated for a November 2027 completion. The project will bring new studios, one- and two-bedroom units, and added walkability to the neighborhood.
The Lawson Adds 180 New Residences in South Park
The national real estate developer breaks ground on the ground-up multifamily project at 2935–2961 A Street in San Diego’s South Park. Spanning 216,000 square feet, The Lawson is preparing to add 180 new residences. The residences will include a mix of studios, one and two-bedroom units, positioned along a walkable corridor connecting South Park and Golden Hill.
Residents in the San Diego neighborhood can expect a mix of market-rate and affordable living units at The Lawson.
CEDARst Companies partnered with Bridge Investment Group on the project. AC Martin is the designer, whereas Rockwood Construction is the general contractor of The Lawson.
The project follows The Nash in University Heights, which opened in May 2024 as CEDARst’s first San Diego development. The Lawson is among its current six active or planned projects.
Amenities and Affordability Aspects at the Development
The Lawson is nestled two blocks from Balboa Park, offering tenants a pathway to San Diego’s cherished cultural and recreational landmarks.
Amenities at the South Park development include 149 on-site parking stalls. It also features a rooftop deck with stunning views of the downtown skyline and the San Diego Bay. Plans also call for a wellness facility with a hot tub, sauna, cold plunge, and a two-story gym.
Around 51% of the residences at the South Park multifamily development are to be priced at affordable housing levels. With this, the project supports San Diego’s housing needs regarding inclusivity and diversity in 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.”
To shape the project, CEDARst gathered community input through surveys, public meetings, and coordination with the city council.
About CEDARst Companies and Bridge Investment Group
CEDARst Companies, a national multifamily real estate developer and operator, has offices and active projects across the U.S. Its body of work spans several states, particularly on the West Coast, South Florida, and the Upper Midwest. CEDARst has developed and acquired over 10,000 residential units to date, with a total asset value beyond $4 billion.
An Apollo affiliate and a recognized alternative investment manager, Bridge Investment Group is diversified across specialized asset classes. As of June 30, 2025, it had around $50 billion of assets under management.
With The Lawson, CEDARst, and Bridge Investment Group have collaborated for the fourth time. The multifamily project is the ninth entrant to CEDARst’s nationwide portfolio of Qualified Opportunity Zone developments. CEDARst plans, develops, constructs, and manages various QOZ projects across San Diego, Chicago, South Florida, and Las Vegas. These collectively amount to $500 million through 1,600 units.
The Lawson marks a step further in CEDARst’s growing footprint in San Diego through an affordable development connected to a walkable, community-focused neighborhood.
