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Canadian condo king piles up cash for Faulconer

High-rise developer gives big to GOP candidate; unions double down for Alvarez

Kevin Faulconer, Jerry Sanders
Kevin Faulconer, Jerry Sanders

As GOP ex-mayor and San Diego chamber of commerce chief Jerry Sanders sets out to vanquish the city's so-called linkage fee on commercial building to subsidize so-called affordable housing here, a distinctly high-end residential developer from Canada has thrown another $10,000 into the cause of Sanders-backed mayoral hopeful, Republican city councilman Kevin Faulconer.

According to a campaign disclosure filing posted online by the California secretary of state's office, Bosa Development California II, Inc., made its contribution to Faulconer through the Republican Party of San Diego County yesterday, December 11.

The man behind the company, Canadian condo king Nat Bosa, who hails from Vancouver, British Columbia, recently told the Los Angeles Times that his spree of building posh downtown San Diego condo towers, interrupted by the great recession, is about to resume, this time with even more stratospheric prices.

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"San Diego is definitely ripe," Bosa said, explaining that buyers have finally snatched up many of the empty condos that flooded the market several years ago. "It's time to move forward to the next phase."

Artist's rendering of Bosa concept building on Pacific Highway

The units, the most expensive ever built by the developer here, are expected to go from high six to high seven figures.

"For now, this is San Diego's Sydney Opera House," Bosa immodestly told U-T San Diego last year. Bosa has long been a backer of causes dear to the local GOP real estate lobby; during Republican Carl DeMaio's city-council tenure, Bosa's firm gave $12,500 to DeMaio's San Diegans for City Hall Reform. Last year the company sank $20,000 into DeMaio's unsuccessful mayoral bid.

Prior to yesterday's contribution, the outfit had given a total of $10,000 to Faulconer's November primary campaign.

At home in Canada, Bosa backs British Columbia's New Democratic Party, to which his company this summer gave $20,500 in Canadian dollars, according to an August 29 report in the Vancouver Sun. The New Democrats serve in loyal opposition to the B.C. Liberals.

Meanwhile, Faulconer's Democratic opponent, city councilman David Alvarez, who favors the linkage fee, continues to see campaign money for his cause from labor unions. Disclosure filings show the United Food and Commercial Workers Union, Local 135, gave a pro-Alvarez independent expenditure committee run by the San Diego labor council $50,000 on December 9; the same day, the American Federation of State, County, and Municipal Employees, AFL-CIO, contributed $10,000.

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Kevin Faulconer, Jerry Sanders
Kevin Faulconer, Jerry Sanders

As GOP ex-mayor and San Diego chamber of commerce chief Jerry Sanders sets out to vanquish the city's so-called linkage fee on commercial building to subsidize so-called affordable housing here, a distinctly high-end residential developer from Canada has thrown another $10,000 into the cause of Sanders-backed mayoral hopeful, Republican city councilman Kevin Faulconer.

According to a campaign disclosure filing posted online by the California secretary of state's office, Bosa Development California II, Inc., made its contribution to Faulconer through the Republican Party of San Diego County yesterday, December 11.

The man behind the company, Canadian condo king Nat Bosa, who hails from Vancouver, British Columbia, recently told the Los Angeles Times that his spree of building posh downtown San Diego condo towers, interrupted by the great recession, is about to resume, this time with even more stratospheric prices.

Sponsored
Sponsored

"San Diego is definitely ripe," Bosa said, explaining that buyers have finally snatched up many of the empty condos that flooded the market several years ago. "It's time to move forward to the next phase."

Artist's rendering of Bosa concept building on Pacific Highway

The units, the most expensive ever built by the developer here, are expected to go from high six to high seven figures.

"For now, this is San Diego's Sydney Opera House," Bosa immodestly told U-T San Diego last year. Bosa has long been a backer of causes dear to the local GOP real estate lobby; during Republican Carl DeMaio's city-council tenure, Bosa's firm gave $12,500 to DeMaio's San Diegans for City Hall Reform. Last year the company sank $20,000 into DeMaio's unsuccessful mayoral bid.

Prior to yesterday's contribution, the outfit had given a total of $10,000 to Faulconer's November primary campaign.

At home in Canada, Bosa backs British Columbia's New Democratic Party, to which his company this summer gave $20,500 in Canadian dollars, according to an August 29 report in the Vancouver Sun. The New Democrats serve in loyal opposition to the B.C. Liberals.

Meanwhile, Faulconer's Democratic opponent, city councilman David Alvarez, who favors the linkage fee, continues to see campaign money for his cause from labor unions. Disclosure filings show the United Food and Commercial Workers Union, Local 135, gave a pro-Alvarez independent expenditure committee run by the San Diego labor council $50,000 on December 9; the same day, the American Federation of State, County, and Municipal Employees, AFL-CIO, contributed $10,000.

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Comments

No, Scott, Dems do not want an inexperienced and highly partisan Faulconer to carry anything, much less water.

Dec. 12, 2013

Sadly, San Diego turns out to be a playground for foreigners who build things. The owner of Sunroad is a foreigner, Israeli I think, and he's made some folks very unhappy. Then there's Roque de la Fuente, car dealer and property developer, who has stuck his fingers into the eyes of many Americans while making a fortune on Otay Mesa. De la Fuente is a Mexican national. Now we have a Canadian making loud noises about high-rise luxury housing in downtown.

There was a time when foreigners were prohibited from meddling with US elections. If you lacked citizenship, you had best keep your mouth shut and your wallet closed. Ahh, but those days are gone now, and these jokers can set up corporations, and the corporations now have no limits on their ability to influence our elections. The more foreign money that comes to a candidate, the fewer votes he/she should get.

Then there's Sanders. I don't which I find more repelling, him when he was grossly fat, or now that he's looking almost cadaverous. There's something about that perpetual smirk on his mug that is a total turn off.

Dec. 12, 2013

With strategic help from well-connected redevelopment clone Civic San Diego and approval of our City Council, Canadian developer Nat Bosa recently financed the purchase and remodel of the Housing Authority building north of Barrio Logan to become the permanent home of The Monarch School for homeless children. Monarch School is run by the County Office of Education and is a favorite charity of downtown movers and shakers such as Malin Burnham, Ronne Froman and others.

Dec. 13, 2013
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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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