POINT LOMA – The tallest building in Point Loma is now a six-story former hotel transformed into 127 apartment units.

The Celeste Point Loma Apartments at 2901 Nimitz Blvd. are in the building that housed the Consulate Hotel, which has been closed since 2019. The conversion is a $23 million project by Ambient Communities and C2 Building Group.

The redevelopment includes retail space on the ground floor, with 22 apartments per floor on stories two through six in the building, located two blocks from the ocean.

Ambient specializes in the planning, development, and construction of new homes, multi-family and mixed-use communities, and commercial real estate projects.