Côta Vera 2
Côta Vera 2
Project developer

HOMEFED CORPORATION

Côta Vera 2
REGIONAL CENTER

DISCOVERY CALIFORNIA, LLC

Côta Vera 2
EB-5 RAISE

$249.6M

Côta Vera 2
COLLATERAL

FIRST DEED OF TRUST

Côta Vera 2

Côta Vera 2 is a master-planned community located in the City of Chula Vista, a growing suburb just 15 miles from downtown San Diego.,
The project is approved for up to 3,276 residential units, offering a mix of for-sale homes, luxury rental apartments, and senior living. Community plans also include neighborhood-serving retail, a new elementary school, and a wide range of recreational amenities—such as walking and biking trails, river valley overlooks, a neighborhood park, and a large community park.

The site connects to Village 9 via access roads and a future pedestrian bridge crossing SR-125, linking the Côta Vera 1 Town Center through Côta Vera 2 to the University Planning Area, as outlined in the Otay Ranch Overall Design Plan.

Highlights

  • Located in the City of Chula Vista - 15 miles from Downtown San Diego
  • More homes sold than any other master-planned community in San Diego.
  • 22,899-acres - One of the largest master-planned communities in the United States.
  • Approximately 30,000 homes, supporting service, retail and community amenities in 11 development areas.
  • Otay Ranch is approximately half complete.
  • Côta Vera is the newest community within the larger Otay Ranch master-plan.
Côta Vera 2

Project Summary

Cota Vera 2 is a master-planned community located in the City of Chula Vista, a suburb of San Diego, California. It features luxurious homes, upscale rental apartments, and premium residential areas, including retail service spaces, a new elementary school, and extensive recreational amenities.

Explore project details

Located in one of Manhattan’s most desirable neighborhoods, this condominium project is positioned to benefit from strong housing demand and offers EB-5 investors a robust financial structure with sufficient job creation and a market-based exit.

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Total Project Costs

$779057724

EB-5 Funds

$249600000

Job Creation Needed

3120

Total Job Creation

4709

Number of Investors

312

Loan Term Years

3+1

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