
All said, the completed downtown project will span 13.5 acres, offering more than 110,000 square feet of restaurant, retail and office space, in addition to a number of new residential units and hotel rooms- all driving the economic vitality of one of the best cities in the country (if we do say so ourselves).
Some recent developments:
- Kimpton has announced plans to break ground on its new luxury hotel this October. Construction for the six-story, 155-room hotel will run about 16 months.
- Building permits should begin being issued this summer, with plans for the majority of the project to be complete by the end of 2015 and early 2016.
- College of the Desert has plans to transform the defunct Palm Springs Mall, a 48-year-old structure that has sat mostly vacant for years, into a West Valley campus with room for 3,000 students.
- And, very importantly, the focus on redevelopment is reaching other areas of the city with several new and soon-to-open businesses on the north and south ends of Palm Springs; all thanks to a new economic development incentive program that has awarded more than $845,000 to local businesses.
