Urban Infill Development in San Diego, John Allen @ Streamline Development Group

In this conversation, Josh Kahr speaks with John Allen, founder and president of Streamline Development Group. They discuss John's unconventional route into real estate development and the focus of Streamline Development on urban infill projects in San Diego. They also explore the high demand for rental properties in San Diego, the presence of national players in the market, and the challenges of finding development sites. John shares insights into the legislative edge that Streamline Development has in shaping upcoming regulations and their plans for future growth and expansion, including a focus on middle-income housing. They also discuss how sometimes historic preservation can be used as a barrier to development, and how their perspective as a local player differs from the national development firms.

00:00 Introduction and Background

03:03 Starting Streamline Development

07:09 Scaling the Business

09:03 Demand for Rental Properties in San Diego

12:52 Local Developers vs. National Players

15:47 Finding Development Sites

18:36 Using Legislative Edge as an Advantage

22:42 Surprises in Recent Transactions

28:47 Future Growth and Expansion

32:21 Focus on Middle-Income Housing

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