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Building and Lumber Industry in San Diego
By Geo. F. Hoff, Secy., Materialmen's Association
4th Streets, is a 6 story and basement, steel frame concrete reinforced structure, with foundation and walls to support 4 additional stbries. Will be ready for occupancy before the close of the year. Total cost $250,000.
The Building and related industries of the San Diego territory show steadily mounting figures for the first five months of. t926. Between January lst, and June 1st, the City of San Diego issued 3449 building permits aggregating $8,041,015-as against $6,936,2n for the like period in L925; of this amount $4,600,000 was for Dwelling Houses. Ninety-two per cent of the total permits was for New Structures, T/o for Alteration and Repairs and, l/o Miscellaneous. Of the New Construction, 64/o was Frame, 22/o Steel and, Concrete, and l4/o Brick. The record day was April 7th, when 29 permits, aggregating $393,160 were issued.
The smaller cities and towns of the County show similar advances over the like period f.or 1925. Activity in the down-town district continues unabated. Among the larger buildings now under course of construction may be mentioned the following:
The NEW SPRECKLES BUILDING on Broadwav between 6th and 7th Streets, 13 stories and basement, -steel frame construction reinforced with concrete, and costing when completed about $2,250,000. Ground floor will be ' u:9d for stores, etc., and the remaining 12 floors will prpvide nearly 500 office rooms. Is now about one-third cbmpleted. The PICKWICK TERMINAL AND HOTEL. occupying a half block on the north side of Broadway be. tween Front and lst streets will be eight stories and basement, constructed of reinforced concrete, and will cost completed about $500,000. The first floor and basement will be used as a gtage terminal, and the remaining floors as a hotel. The building is now about one-third completed. The CALIFORNIA BUILDING, 100 x 200 feet on the South side of "C" Street between 3rd and 4th, will be eight stories high, is of reinforced concrete construction, and cost $450,m0: Now about 2O/o completed. The Y. W. C. A. BUILDING on northeast corrier of 1fth and "C" streets, a five story 'and basement reinforced concrete structure 100 x L42. is about'one-fourth completed. fts construction cost is $S5O,- O00. The BENBOUGH FURNITURE BUILDING. occupying 100 x 100 on the southeast corner of .,B,, and
.dmong the larger projects for the near future are the MEDICAL AND DENTAL BUILDING, to be 1OO x 1OO in size and 13 stories high. It will accommodate about 200 physicians, surgeons and dentists and cost about $1,000,000. Work will commence the middle of July. About July lst ground will be broken for the SAN DIEGO ATHLETIC CLUB B.UILDING. This will occupy a ground space of 100 x 150 and will be 13 stories high. The cost will run considerable over a half million dollars. The IIOLZWASSER COMPANY is planning to erect a 14 story building on the northeast corner of Broadway'and 4th Street, as an addition to their present store building on Broadway and 5th Street. This -structure is to have-a sub-basemeirt for the accommodation of customers' autos. Details will be made public in the near future. Other large fireproof Class "A" buildings are being planned and will doubtless be under way before the end of the year.
Lumber shipments to San Diego are steadily increasing: from January- lst to June Ist, 1926, the watlr shipmenls aggregated 46,800,000 feet, rail shipments 5,200,000 fett, and the local Benson mill sawed 9,500,000 feet, making a total o{ 61,5@,000 feet for the first five months of. t926.- During the same p-eriod 3,500,000 feet of Hardwood was shipped into San Diego territory. Ninteen-twenty-six shipments exceed those of the corresponding period of 1925 by about 2ovo.
San Diego rates 4th among the California cities in Bank Transactions. From January lst, to June lst, 1926, these aggregated 9324,862,118 as against $274,749,775 for a like period in 1925.
The several Building and Loan Associations report a steadily rising volume of business. The heavy rains of {pil gave an ample storage of water, sufficient to supply the City and back country for a period of from 3 to 5 yelri on a basis of a normal increase in population,
All indications point to a steadily increasing consump- tion of Lumber and Building Mateiials in this-territoryl nothing- resembling a boom, but a fair and healthy growth. {e-re the_ dealers getting a fair and reasonable'piice tor their lumber and materia--ls there would be little bf wtrich to complain so far as this portion of the State is concqrned.
