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Did you know?There are 14,000 homes in the pipeline in DHS. Resident unmapped land in DHS is selling for $65-116K per acre. There are 10 master communities (30,000 new homes) planned for the Eastern portion of Coachella Expressway 86 in Coachella is 14 years ahead of schedule, already exceeding 2020 traffic count Avenue 62 is proposed to be the NEW So. Valley Expressway Thermal will be the location of the NEW College of the Desert, boasting 100 acres between Avenues 62 and 60 Oasis is touted to be the NEW high end community in the desert with a 9000 unit destination resort in planning Fifty-two people per DAY are moving to the Coachella Valley La Quinta's population in 2005 was 36,000 and currently 8.3 new residents move there each day Indio's population in 2005 was 66,000 and currently 16.3 new residents move there each day, doubling the population by 2009 Coachella's poplation was 31,000 in 2005 and currently 7.2 new residents move there each day Indio has seen a 156% increase in land value from 2005 to 2006 40% of all hotel rooms in the Coachella Valley are in Palm Springs Current office space is up 4% and there is less than 5% vacancy in Palm Springs (not including Fashion Plaza) The Smoketree Shopping Center in Palm Springs is opening fall 2007 The Springs Project (Gene Autry and Ramon) is opening 2007 Gene Autry Business Park is opening fall 2006 20% of Cathedral City's population of 53,000 is age 55+ Cathedral City has higher per capita income than Palm Springs 52% Hispanic in Cathedral City Cathedral City Sheraton Hotel and Conf. Center with golf course adjacent will open summer 2007 Pickford Prominade in Cathedral City is a 100 acre development Cathedral City's Walmart renovation will be completed fall 2006 El Paseo (The Rodeo Drive of the Desert) is experiencing a higher and higher quality of tenant Plaza De Monterey will welcome Bristol Farms near the end of 2006 There are 400,000 full time residents in the Coachella Valley, 150,000 snow birds and 3 million visitors per year
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