One of the hottest places to invest right now is in San Diego Downtown real estate, the oldest and newest hot spot of San Diego.

Just ten years ago, San Diego's Downtown was on the brink of dilapidation. But recent developments have made it one of the most dynamic city centers on the West Coast. Following in the path of all this renovation is a real estate phenomenon, with a host of new projects in the pipeline. With over 12,000 housing units just built or in the works, Downtown is once again becoming the center of San Diego.

There are currently 75 residential projects in the offing that are estimated to add around 9,000 new condominiums, apartments, town homes, row homes and loft homes by 2008. The skyline is changing as luxury apartment buildings and condos are built up along the waterfront, drawing people into what used to be a neighborhood to avoid. Downtown San Diego is in the midst of a renaissance.