Here's an excerpt of Q&A from City of Carlsbad website:
Q1. What is the Pontebello Development? Who is the developer?
A. The proposed project is 428 market-rate senior condominiums and 76 senior apartments (which are being provided to meet the project’s requirement to include low income affordable residential units). The project is also proposed to include heavy senior-oriented services/amenities. Acacia Investors owns a 61 acre property in Carlsbad which is located north of Aviara Oaks Elementary School, south of Cassia Road, east of Ambrosia Lane and west of Skimmer Court. The property is located in the southwest portion of Carlsbad in the neighborhood of Aviara. Acacia Investors has submitted an application to the City of Carlsbad for a service-enriched senior only residential development currently known as Pontebello on approximately 21 acres of the 61 acre property. The remaining acreage (40 acres) is proposed to be designated as Open Space and includes the final segment of Poinsettia Lane. At the time the application was submitted, the project was known as the Bridges at Aviara.
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