Developer: ELDA Developments
Architect: Dahlin Group Architecture Planning
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 Dahlin Group Architecture Planning
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.”
| 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 |
| Organization | Role |
|---|---|
| ELDA Developments | Developer |
| Dahlin Group Architecture Planning | Architecture & Design |
| CIM Inc. PR | Public Relations |
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