Daruma is a social enterprise that transforms neighborhoods through real estate and community development projects. We create attractive housing, retail, and cultural spaces with a mission to strengthen San Diego’s economy and address homelessness through sustainable urban development.
Projected annual tourism boost through international town
$23.5B
Tourism and hospitality impact forecast for san diego
17,200+
Homes planned to create thriving, inclusive neighborhoods
* Estimated by Daruma
Founder’s Vision
A Vision Rooted in Experience
Over 30 years ago our founder Masayuki Ueda visited San Diego from Japan and was inspired by its beauty and potential. He chose to stay and has spent decades investing in the community to help the city grow into one of the world’s great cities.
A City Ready for Transformation
San Diego is entering a new era of growth. The city has prioritized key redevelopment areas, advanced new transit lines, and laid the groundwork for projects that will shape the next generation. With strong demand for housing, tourism, and sustainable infrastructure, the city is poised for transformation — and those who participate now will help define its future.
Daruma’s Commitment
At Daruma, we believe development must create both economic value and social impact. That is why our projects are designed to generate sustainable returns and build stronger communities.
Our Initiatives Go Far Beyond Real Estate. They are a Commitment to
Revitalizing San Diego's economy with lasting impact
Building vibrant international cultural and business connections
Delivering sustainable, inclusive growth that strengthens communities
Creating real solutions to homelessness and building pathways to self-sufficiency