THE OBELISK ON 5TH
THE OBELISK ON 5TH modern multifamily living on cortez hill, san diego 5th avenue, cortez hill Architect: Carrier Johnson ArchitectsDeveloper: ELDA Developments The Obelisk on 5th, Cortez Hill. A luxurious development permitted with 135 units ranging from one bedroom to three bedrooms and 28 floors plus an additional 3 levels of parking. A high-end residential complex offering serviced residences, an array of condos, a high-end restaurant, and luxurious amenities. Designed by Carrier Johnson. Rising from the historic Cortez Hill neighborhood, The Obelisk on 5th is a landmark luxury residential development in San Diego. Designed by the renowned architectural firm Carrier Johnson, the 28-story tower introduces 135 thoughtfully appointed residences, ranging from refined one-bedroom homes to expansive three-bedroom residences and penthouses. Residents benefit from three dedicated levels of parking and exclusive access to premium amenities, including a signature restaurant that enhances the connection between sophisticated urban living and San Diego’s vibrant culinary scene. “The Obelisk on 5th represents the pinnacle of contemporary luxury living, where exceptional design meets unmatched service in one of San Diego’s most coveted locations.” Ahmed Eldahmy, CEO, ELDA Developments project highlights Edit Key Metric Details Project Name The Obelisk on 5th Location Cortez Hill Product Type Mixed use Multifamily Highrise Stories 28 Total Units 139 Gross Floor Area 250,000 buildable sft Max FAR N/A Unit Mix 1BR 2BD 3BD Penthouses, Commercial spaces Lot Size 20,000 sqft Height Approvals FAA Max: 290’ Status (Under Design) Parking (5-story parking along with stickered electronic parking technology ) Estimated Rents Condos for Sale Estimated Completion Projected Completion 3/2028 Leasing Start Date Sale start Date 6/26 Construction Start 6/2026 Team & Strategic Partners Edit Organization Role ELDA Developments Developer Carrier Johnson Architecture & Design CIM Inc. PR Public Relations
CELINE RESIDENCES
CÉLINE Residences Modern Multifamily Living in the Heart of San Diego video tour Columbia Street, middletown Architect: Dahlin Group Architecture PlanningDeveloper: ELDA Developments CELINE RESIDENCES, MIDDLETOWN. Luxury modern living near MISSION HILLS. Adevelopment permitted with 161 Units / 14 stories, ranging from studios to penthouses.A high-end residential complex offering serviced residences, an array of apartments,and luxurious amenities. Designed by Dahlin Architects. Thoughtful Design, Inspired Living CÉLINE Residences reimagines everyday living through thoughtfully planned homes that blend style and functionality. Studio residences feature convertible cabinetry for added flexibility, while one- and two-bedroom homes offer optional finish upgrades in warm, modern tones. Crowned by top-floor penthouses with panoramic city and bay views, each residence reflects a commitment to quality craftsmanship and refined living.Interior palettes draw inspiration from deep ocean blues, lush greens, soft architectural forms, and a refined mix of Art Deco and Craftsman influences, creating a timeless and welcoming atmosphere. “CÉLINE is more than a multifamily development—it’s a curated living experience rooted in craftsmanship, community, and connection. We are proud to bring this iconic project to life.” Ahmed Eldahmy, CEO, ELDA Developments Lifestyle Amenities That Elevate More than a place to live, CÉLINE offers a fully integrated lifestyle experience. A rooftop pool deck and lounge provide sweeping views of downtown and the bay, while a state-of-the-art fitness center, wellness spaces, and co-working lounges support today’s active and connected residents. Smart-home features, concierge services, and a pet-friendly environment complete the amenity offering, creating a seamless balance of comfort, technology, and convenience. Location. Connection. Opportunity. Strategically located near San Diego’s most iconic destinations — Balboa Park, Fashion Valley, the Gaslamp Quarter, Old Town, and San Diego International Airport — CÉLINE places residents at the center of it all. Within walking distance are boutique dining destinations such as Blue Water Seafood, Gelato Vero, and Saffron Thai.Supported by strong demographic fundamentals — including a high renter population, predominantly white-collar employment base, and average household incomes exceeding $100K — CÉLINE is positioned to meet evolving lifestyle demand while offering long-term investment value in one of San Diego’s most desirable neighborhoods.
COLUMBIA STUDIOS
COLUMBIA STUDIOS Modern Studios in the Heart of San Diego bankers hill, san diego Developer: ELDA Developments Columbia Studios, Bankers Hill. A 9 unit / 3 story ADU development permittedwith 3 ADA-compliant studio units on the first level and 3 additional studios on each ofthe second and third levels. Columbia Studios offers a rare opportunity to experience innovative urban living in San Diego’s prestigious Bankers Hill neighborhood. This boutique residential community features nine thoughtfully planned micro-residences that maximize functionality and comfort while maintaining an intimate living environment. Completed in March 2025, the three-story development spans approximately 11,000 square feet and demonstrates efficient space planning throughout. Each studio residence is carefully configured to provide the essentials of modern, attainable urban living. Located in the heart of Bankers Hill, residents enjoy convenient access to downtown San Diego, Balboa Park, and a wide range of dining and entertainment destinations. Now leasing, Columbia Studios presents an ideal opportunity for urban professionals seeking a well-located and efficient living experience in one of San Diego’s most desirable neighborhoods. “Microunit developments represent a practical and immediate solution to California’s critical housing crisis. Our microunit project, Columbia Studios, in Bankers Hill demonstrates its viability and market acceptance. With additional developments currently underway, we’re actively contributing to alleviating San Diego’s housing shortage.” Ahmed Eldahmy, CEO, ELDA Developments project highlights Edit Key Metric Details Project Name Columbia Studios Location Bankers Hill Product Type Multifamily Micro units Project Stories 3 Total Units 12 Gross Floor Area 11000 roughly sqft Max FAR NA Unit Mix Studios, 1BR 2 BR Lot Size 11,000 sf Height Approvals Status (Finished) Parking Non Sub Estimated Rents ($2,400 per studio ) Estimated Completed Completed 3/2025 Leasing Start Date 3/2025 Construction Start 10/2023 Team & Strategic Partners Edit Organization Role ELDA Developments Developer CIM Inc. PR Public Relations
EL CAJON BOULEVARD RESIDENCES
El Cajon Boulevard Residences Modern Multifamily Living in Normal Heights video tour ECB Residences, Normal Heights, San Diego Developer: ELDA Developments Ecb Residences, Normal Heights. A luxurious development permitted with 29 Units and 5 stories. A high-end residential complex offering serviced residences, an array of apartments with amenities, and a commercial suite. Designed by OBR Architecture. Nestled in San Diego’s vibrant Normal Heights neighborhood, this five-story residential micro-unit community offers 29 thoughtfully planned residences. Designed by the renowned architectural firm OBR Architecture, the development blends contemporary urban character with functional living environments, ideal for residents seeking quality accommodations in one of San Diego’s most dynamic neighborhoods. “ECB’s prime location provides easy access to the Normal Heights’ eclectic dining scene, boutique shopping, and cultural attractions, making it an ideal investment opportunity or residence for those who appreciate sophisticated urban living.” Ahmed Eldahmy, CEO, ELDA Developments project highlights Edit Key Metric Details Project Name ECB residences Location Normal Heights Product Type Mixed-Use Micro Units Project Stories 5 Total Units 29 Gross Floor Area Approximately 28,000 sqft Max FAR NA Unit Mix Studios, 1BR Lot Size 5,000 SQft Height Approvals Status (Under construction ) Parking Non Sub Estimated Rents ($2,400 per studio, $2,600 per 1 bedroom. Commercial space TBD) Market rate affordable is a different calculation. Estimated Completed Projected Completion 3/2026 Leasing Start Date 3/2026 Construction Start 1/2025 Team & Strategic Partners Edit Organization Role ELDA Developments Developer OBR Architecture & Design CIM Inc. PR Public Relations
SINGLE FAMILY REDEVELOPMENTS
Single Family Redevelopments Redefining Home: Classic Character, Modern Living experience the new standard in modern home redevelopment with ELDA. Experience modern living through our thoughtfully redeveloped single-family residences. Each home is carefully upgraded to enhance comfort, functionality, and contemporary style while preserving its original character and charm. At ELDA Developments, we specialize in the redevelopment of single-family homes — transforming existing properties into refined, modern living environments. Every residence is thoughtfully revitalized to blend timeless appeal with contemporary finishes, creating homes that offer lasting quality and everyday comfort. “At ELDA Developments, we believe that every home holds untapped potential. Our mission is to reimagine and transform each property into a modern sanctuary—where thoughtful design, lasting quality, and contemporary living come together seamlessly.” — Ahmed Eldahmy, CEO, ELDA Developments Elevated Living for Today’s Homeowner Open-Concept Layouts: Bright interiors with natural flow Gourmet Kitchens: High-performance appliances and modern cabinetry Luxurious Bathrooms: Spa-inspired spaces with premium finishes Outdoor Living: Private patios or balconies for relaxation Energy-Efficient Features: Smart solutions supporting sustainable living Carlsbad . Windemere . 3736 – 38 Louisiana St. .