The San Diego Padres have won the opportunity to turn four city blocks, currently used as a Petco Park parking lot, into an urban square where technology workers commingle with artisans and baseball fans.

Wednesday, city officials announced that the Padres and its development partners, Tishman Speyer and Ascendant Capital Partners, were picked over challenger Brookfield Properties to redevelop the 5.25-acre plot of land known as Tailgate Park.

The selection brings to an end a competitive bidding process that started in December and paves the way for the city to offload the long-held asset as is required by the state.

Read more: https://www.sandiegouniontribune.com/business/growth-development/story/2020-09-23/in-bid-for-tailgate-park-padres-beat-brookfield-with-1-4b-office-focused-proposal