Priciest condo tower yet coming downtown San Diego

San Diego Union Tribune reports:

The project marks a major financial milestone in that Bosa expects the average unit to sell for about $1.75 million. Even the smallest units at the currently projected rate of $1,060 per square foot would sell for just over $1 million.

Bosa said such condos go for even more in Vancouver, Seattle and San Francisco, partly due to interest from mainland Chinese buyers who are looking for places to park their wealth. They represent 10 to 12 percent of buyers in those cities, he said.

The condo boom.