San Diego County this week sold at auction two vacant parcels comprising 33.28 acres on the north side of the San Diego River next to Town Center Community Park.The winning bidder was San Diego businessman Conrad Prebys, president of Progress Construction and Management based in Point Loma. He submitted two bids totaling $36 million for the properties, which are zoned for multi-family residential. The auction was held Jan. 28 during the regular meeting of the San Diego County Board of Supervisors.
Prebys is a philanthropist who has given millions to various institutions including the San Diego Zoo, UCSD, the Salk Institute for Biological Studies and Scripps Health. In 2004, he donated $1 million toward the construction of the Santee Boys and Girls Club.