The vast majority of apartments built in San Diego County qualify as luxury apartments and the asking rents are at the high end depending on the specific project. 4500 units is 1000 more than last years total. The largest project is One Paseo in Carmel Valley with 608 units. East Village which is really a fairly new place for other than the down and out to live has exploded with projects and the vacancy rate while down from 28.5 per excellent article by Phillip Molnar the SD Union is still at 26.6%. Overall San Diego apartments look for another good year despite this high end competition. https://enewspaper.sandiegouniontribune.com/desktop/sdut/default.aspx?&edid=21af30b5-e085-4b56-919c-f100d4802b8c