Our Team

Chelsea Investment Corporation

Chelsea Investment Corporation, based in Carlsbad, is focused on creating and preserving high quality affordable rental homes. We take special pride in our ability to structure creative financing solutions that result in the development of award-winning housing that complements the surrounding neighborhood. Our highly experienced team of professionals consider each project's unique attributes and identify and implement timely and cost-effective solutions to the many challenges of this market niche. From site selection through feasibility analysis, to construction and re-syndication, our services are available on a targeted or turnkey basis.

We have developed over 100 affordable communities at a cost in excess of $2 billion. Included are special needs housing, senior housing, rural housing, and mixed-use developments.

Our portfolio includes nearly 3,500 inclusionary units in Southern California, developed at a cost of over $800 million.

Our homebuilder clients include: Beazer, Brookfield, CalAtlantic, Centex, Lennar, McMillin, Pardee, Shea, and more.

Our nonprofit partners include: Serving Seniors, St. Vincent de Paul/Father Joe's Villages, Housing Development Partners, Southern California Housing Collaborative, Weingart Center Association, Pacific Southwest Community Development Corporation, United Cerebral Palsy, and others.

Our spotless record of completing projects on time, on budget, and in line with each client's requirements demonstrates our commitment to providing superior solutions for affordable housing.

Chelsea Investment Corporation

“Our goal is to not only build affordable housing but create an inclusive community through and through,” said Jim Schmid of Chelsea Investment Corporation, one of San Diego’s leading affordable housing builders. “We’re tackling San Diego’s housing crisis with a project that delivers over a thousand affordable homes at the heart of a vibrant new neighborhood where families can thrive and an entire community can flourish.”

Safdie Rabines

Safdie Rabines Architects is a full-service architecture, interiors and urban design firm established in 1993 by husband-and-wife Ricardo Rabines and Taal Safdie. Based in San Diego’s Mission Hills neighborhood, we work globally to deliver distinctive, sustainable and site-specific design solutions in a variety of contexts and scales. Our team, led by Taal and Ricardo is accomplished in all facets and phases of programming, design, and construction. Our culture of communication and collaboration provides comfort and confidence as we guide each client through their project, from concept to completion and beyond.

As Architects, we are acutely mindful of our social responsibility to the built environment and its profound effect on the human experience and physical health. We are resolute that the expression of our work minimizes or eliminates any negative ecological impact to its surroundings. We foster collaboration, innovation, and creativity to capitalize on the positive natural environs of a site, uniting the project with the people who use and observe it.

Many of the designs that make us proudest are right here in our hometown - the Harbor Drive pedestrian bridge to Petco Park, Mercado del Barrio in Barrio Logan, National City’s new Aquatic Center and the Cairo mixed use housing complex in the heart of Hillcrest.

Safdie Rabines

“Midway Rising is unlike any proposal that’s been submitted to date. We’ve convened a team of local businesses and community organizations to build a neighborhood that reflects San Diego’s heart and history,” said Brad Termini, CEO of Zephyr. “Our proposal is unique in that every partner is deeply rooted in San Diego’s community and is committed to making the Midway area better for all our families.”