The City Attorney’s Office announced this morning that the council agreed to tentatively settle the condo-conversion lawsuits that have held up the revamping of thousands of San Diego apartment units into for-sale homes.

Citizens for Responsible Equitable Environmental Development was seeking to halt the popular development projects until the city studied the cumulative impacts that condo conversions had on the traffic, housing quality and the displacement of renters by new homebuyers. The council has repeatedly denied C.R.E.E.D.’s appeals over the past year, leading the activists to continue their efforts in court. Trial was set for September.

Assistant City Attorney Karen Heumann said the settlement, which the council will need to codify at a future public meeting, would force the city to limit the conversion of housing units to 1,000 per year, issue an annual report on the developments, and pay C.R.E.E.D. $75,000.

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