SAN DIEGO — Wakeland Housing has started construction of The Becker, an affordable housing development within Riverwalk San Diego, a 200-acre planned mixed-use, transit-oriented project that includes 4,300 multifamily units, 430 of which will be affordable. Hines is the master developer on the project, which also includes 110 acres of parks, 1 million square feet of office space and 150,000 square feet of retail.
The 190 units at The Becker will be reserved for tenants earning 60 percent or less of area median income, which is capped at $99,240 for a family of four. Asking rents will range from $930 to $2,580. The Becker will be the first housing to open at Riverwalk.
The community is located adjacent to the San Diego River Trail and a future stop on the San Diego Metro Transit System. The Becker is named after the late Evan Becker, an affordable housing advocate who became head of the San Diego Housing Commission in 1988 and held leadership positions across housing organizations until 2024. Completion of The Becker is slated for mid-2027. A completion date for the larger mixed-use development has not been released.
The architect on the project is MVE + Partners. The general contractor is Level 10 Construction. Financing for the $140 million development came from a mix of multiple public and private sources.