Marketing Flyer

THE HOFFMAN COMPANY EXCLUSIVE OFFERING
CIVIC CENTER / CITY HALL &
CATHEDRAL CITY POLICE DEPT.
TOWN SQUARE PARK
PALM
SPR
INGS
111
GROVE
E. PA
ST
LM C
ANYO
N DR
RS
E
AV
E
G
RO
Y
DD
U
.B
W
Site Location
Downtown Cathedral City
BUS TERMINAL / STOP
1/2 BLOCK SOUTH
THE GROVE
at
PALM CANYON
69 PROPOSED SENIOR OF MF UNITS | 6,080 SF RETAIL | 2 ACRES
CITY OF CATHEDRAL CITY | COACHELLA VALLEY, CA
P RO P E R T Y D E TA I L S
LOCATION
B RO K E R C O N TAC T
REGION Coachella Valley, Riverside County
Erik Christianson, CA BRE #01475105
T 949.705.0920 | C 949.910.7337
INTERSECTION
On E. Palm Canyon/Highway 111 between W. Buddy Rogers Ave
[email protected]
Cathedral City, California
& A Street
OPPORTUNIT Y HIGHLIGHTS:
AREA LANDMARKS
Near IMAX, Target, Cathedral City Auto Center, Tahquitz Creek Golf Course, & Ritz Carlton
PROPERTY SIZE 2.0 Gross Acres
-SENIOR LIVING OR MULTI-FAMILY APARTMENT/
CONDOMINIUM DEVELOPMENT OPPORTUNITY
LOT COUNT
69 Proposed Units (98,870 Sq. Ft. Building)
UNIT SIZE 724 - 1,334 Sq. Ft. (975 Sq. Ft. Avg) Plus Oversized Balconies.
ZONING Downtown Residential & Mixed Use Commercial
ENTITLEMENTS
Unentitled. Proposed Map (Near Approval).
SITE CONDITION Unimproved On-Sites. Adjacent to Major Arterial Roads. Utilities - Rare Highway 111/Palm Canyon Frontage
Downtown Cathedral City Near Entertainment &
Shopping
Adjacent & Nearby.
OFFER DUE DATE
Offers to Be Considered as Submitted.
-Cathedral City 19.9% Year Over Year Home Price
Appreciation
-Provide Affordability Near Booming Palm Springs
in Desirable South Cathedral City
P RO P E R T Y & C AT H E D R A L C I T Y OV E RV I E W
“The Grove at Palm Canyon” is situated only one and a half miles east of the city limits of Palm Springs, in Downtown Cathedral City. The
neighboring city of Palm Spring is currently enjoying unprecedented development growth, homebuyer demand, and record setting home
pricing. This is primarily due to a diverse buyer profile seeking contemporary product near growing amenities and is additionally fueled by
the revitalization of downtown Palm Springs.
Market experts are now suggesting that because of the lack of available land in booming Palm Springs, Cathedral City will begin to see an
increase of the targeted Palm Springs buyer profile. “The Grove” will also provide the developer the opportunity to offer reasonably priced
product, or rents lower than what the City of Palm Springs could offer. The city of Cathedral City is the second largest city in the Coachella
Valley with a population of over 52,000 people and includes amenities such as the Cimarron Golf Course, Desert Princess Golf Resort, IMAX/
Mary Pickford Theatre, Town Square on Hwy. 111, and the Big League Dreams Sports Park.
CATHEDRAL CITY MIXED-USE
69 UNIT APARTMENTS & RETAIL
S U B J E C T P RO P E R T Y S I T E P L A N
S U B J E C T P RO P E R T Y E L E VAT I O N
EAST PALM CANYON DRIVE & WEST BUDDY ROGERS AVENUE
CATHEDRAL CITY, CA 92234
1177 Idaho Street, Suite 200
Redlands, CA 92374
Phone: (909) 335-7400
Fax: (909) 335-7299
[email protected]
1177 Idaho Street, Suite 200
Redlands, CA 92374
Phone: (909) 335-7400
Fax: (909) 335-7299
[email protected]
GARY W.
MILLER
No. C14635
REN. 9-30-15
initials
date
phase
mark
date
comment
GARY W.
MILLER
No. C14635
REN. 9-30-15
date
phase
mark
date
comment
COACHELLA VALLEY OFFICE: 777 E Tahquitz Canyon Way, Suite 200, Palm Springs, CA 92262 | T 760.969.7357
74-399 HIGHWAY 111, SUITE D
PALM DESERT, CA, 92260
PHONE: (760) 568-1222
EAST PALM CANYON DRIVE & WEST BUDDY ROGERS AVENUE
CATHEDRAL CITY, CA, 92234
PROJECT NO:
DWG FILE:
DRAWN BY:
CHECKED BY:
DRAWING SCALE:
DATE:
SAXONY GROUP
CATHEDRAL CITY MIXED-USE
69 UNIT APARTMENTS & RETAIL
Ó
initials
1400142.RA
DS
GWM
1/16" = 1'-0"
06/10/2015