DOCSLIB.ORG

Coachella Valley Inland Empire - CA

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Coachella Valley Inland Empire - CA Office Submarket Report Coachella Valley Inland Empire - CA PREPARED BY Kimberly Wright Economic Development Manager Coachella Valley Office OFFICE SUBMARKET REPORT Submarket Key Statistics 1 Leasing 2 Rent 5 Construction 7 Sales 10 Sales Past 12 Months 12 Supply & Demand Trends 14 Rent & Vacancy 16 Sale Trends 18 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Overview Coachella Valley Office 12 Mo Deliveries in SF 12 Mo Net Absorption in SF Vacancy Rate 12 Mo Rent Growth 0 (51.6K) 10.1% 1.4% Coachella Valley is a desert area located west of Joshua However, the Desert Sun moved their printing press to Tree National Park and is home to the popular resort Phoenix and vacated their 96,600-SF office cities of Palm Springs and Palm Desert. Businesses building—sharply driving vacancies higher. The vacancy serving local consumers make up the majority of office rate now stands at 10.1%. Rent growth has slowed to users here, such as health care providers and 1.4% over the past 12 months, compared to 1.5% across government agencies. Tech businesses and coworking, the Inland Empire. There are a few offices under which have been driving much of the demand in coastal construction, including a 35,000-SF build-to-suit in markets, are almost nonexistent. Palm Springs for the Riverside University Health System. Demand for offices has shifted toward dense population Sales volume has averaged $46.4 million over the past centers during this cycle and the local office market has ten years including $53.1 million in 2020 and $33.7 fallen victim to this trend. Despite minimal deliveries million year-to-date, demonstrating minimal impact from since 2010, the vacancy rate did not drop significantly the pandemic. from 2014 to 2019, and even in the first half of 2020. KEY INDICATORS Net Absorption Under Current Quarter RBA Vacancy Rate Market Rent Availability Rate Deliveries SF SF Construction 4 & 5 Star 135,519 3.0% $2.57 21.4% 0 0 0 3 Star 4,433,714 12.3% $2.08 13.8% 16,323 0 65,899 1 & 2 Star 3,913,260 7.7% $1.68 8.1% 16,331 0 0 Submarket 8,482,493 10.1% $1.90 11.3% 32,654 0 65,899 Historical Forecast Annual Trends 12 Month Peak When Trough When Average Average Vacancy Change (YOY) 0.6% 9.1% 10.0% 16.9% 2009 Q4 0.5% 2001 Q2 Net Absorption SF (51.6K) 79,514 47,508 408,993 2007 Q3 (279,572) 2009 Q2 Deliveries SF 0 117,371 53,954 684,032 2007 Q3 0 2021 Q1 Rent Growth 1.4% 2.1% 2.9% 11.8% 2001 Q2 -13.0% 2009 Q2 Sales Volume $69.1M $42.5M N/A $99.6M 2005 Q1 $9.2M 2010 Q2 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 2 Leasing Coachella Valley Office Coachella Valley is connected to the Los Angeles area Urgent Care. by I-10, but offices here do not greatly benefit from Absorption has wavered recently, but the vacancy rate proximity to L.A. or Orange County. Only a handful of rose from 9.5% a year ago to 10.1% after the Desert Sun tenants occupy more than 50,000 SF, with the bulk of vacated their 96,600-SF office. Vacancies are projected sizable assets in Palm Springs or Palm Desert. The to remain between 10% and 11% over the next year. Job University of California Riverside (UCR) is one of the growth should help demand and few local businesses largest office users in the submarket. are likely to make permanent changes in the amount of office space they utilize, especially those in the health Most office leasing consists of spaces below 3,000 SF. care and government sectors. One of the largest leases signed recently is for a 7,370- SF office building in Palm Desert by Paws and Claws NET ABSORPTION, NET DELIVERIES & VACANCY 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 3 Leasing Coachella Valley Office VACANCY RATE AVAILABILITY RATE 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 4 Leasing Coachella Valley Office 3 STAR MOST ACTIVE BUILDINGS IN SUBMARKET - PAST 12 MONTHS Property Name/Address Rating RBA Deals Leased SF 12 Mo Vacancy 12 Mo Net Absorp SF Bldg 1 7,200 2 3,698 20.3% 3,698 71905 Highway 111 The Abbey Center 67,335 4 4,099 2.7% 3,558 340 S Farrell Dr 74199 El Paseo Dr 47,990 2 4,287 32.5% 3,444 78080 Calle Amigo 6,924 4 3,081 77.9% 1,950 Village Professional Plaza 42,450 1 9,000 21.9% 1,753 74760-74770 Hwy 111 13550-13570 Palm Dr 6,844 1 3,600 0% 1,700 Indio's Best in Medical Centers 22,999 1 2,991 15.0% 1,529 82013 Dr Carreon Blvd 610 S Belardo Rd 13,558 3 2,700 5.8% 1,472 51025 Avenida Mendoza 4,000 2 2,675 19.5% 1,300 51-025 Avenida Mendoza Rancho Mirage Medical Center 73,558 3 9,239 6.2% 1,077 72780 Country Club Dr Berger Charitable Center 50,454 1 860 63.3% 860 42600 Cook St Indian Wells Professional Ce… 22,000 3 1,397 0.9% 578 75280 Highway 111 78060 Calle Estado 6,549 6 871 8.6% 555 Bldg E 5,720 1 900 10.5% 200 74000 Country Club Dr Pacific Premier Bank Plaza 17,764 2 2,218 4.9% 61 78000 Fred Waring Dr Kaptur Plaza 8,000 6 766 0% 0 750 E Tahquitz Canyon Way 78115 Calle Estado 10,050 3 3,449 9.6% (1,199) One Mirage Place 73,944 5 6,094 15.2% (2,582) 69730 Highway 111 La Quinta Medical Center 41,603 1 1,189 9.2% (3,918) 47647 Caleo Bay Dr The Five Hundred 27,750 4 2,079 21.5% (5,654) 500 S Palm Canyon Dr 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 5 Rent Coachella Valley Office Coachella Valley has some of the lowest office rents in Star stock, where rents grew by 2.3% over the same the Inland Empire, partly because of the large proportion period. Older, 1 & 2 Star properties changed by 0.2%. of 1 & 2 Star offices and near-absence of 4 & 5 Star offices. Office rent growth here has been on par with rent Rents are projected to remain flat over the next four growth in the Inland Empire, as rents grew by 1.4% over quarters in CoStar's Base Case scenario, as the impact the past four quarters compared to 1.5% in the metro. of the pandemic on office demand lingers. But gains Recent gains have been propelled by rent growth in 3 accelerate in 2022. MARKET RENT GROWTH (YOY) 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 6 Rent Coachella Valley Office MARKET RENT PER SQUARE FEET 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 7 Construction Coachella Valley Office Very little office space has delivered in the submarket in There is also a Building 3 in the office park, which the past ten years—echoing the trend in most of the consists of a 12,400 SF office that delivered in 2012 and Inland Empire. The 13,800-SF Building 1 in the Sun is occupied by Bermuda Dunes Dialysis. Professional Plaza delivered in early 2020, but no offices were built in 2018 or 2019. Furthermore, only three Among the 2017 deliveries, Palm Desert's University offices were built in 2017 and increased the submarket Village Office Park consists of two buildings with 32,000 inventory by 70,000 SF. SF. Both properties leased at the start of 2018. Also in 2017, the 32,800 SF Tahquitz Plaza—a historic site Building 1 in the Sun Professional Plaza is a 13,800-SF located near downtown Palm Springs—was renovated to spec development that remains fully available for lease accommodate modern office space while preserving its as of April 2021. Building 2 in the office park recently existing architecture. broke ground and is planned to be a 14,200-SF office. DELIVERIES & DEMOLITIONS 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 8 Construction Coachella Valley Office All-Time Annual Avg. Square Feet Delivered Square Feet Past 8 Qtrs Delivered Square Feet Next 8 Qtrs Proposed Square Feet Next 8 Qtrs 114,920 43,809 65,899 207,775 PAST 8 QUARTERS DELIVERIES, UNDER CONSTRUCTION, & PROPOSED PAST & FUTURE DELIVERIES IN SQUARE FEET 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 9 Construction Coachella Valley Office RECENT DELIVERIES Property Name/Address Rating Bldg SF Stories Start Complete Developer/Owner Bldg 1 - 1 13,809 1 Jan 2019 Mar 2020 38923 Washington St Kennan H Beard III 1283 6th St - 2 30,000 1 Dec 2018 Jul 2019 Capital Partners Development Co… UNDER CONSTRUCTION Property Name/Address Rating Bldg SF Stories Start Complete Developer/Owner Riverside University Hea… Boureston Development 1 35,000 - Jul 2020 Jul 2021 NWC Tahquitz Canyon &… Mildred L Browne 47705 Caleo Bay Dr - 2 16,694 1 Jan 2020 Jun 2021 Title Art Center Bldg 2 - 3 14,205 1 Jan 2020 Jul 2021 78010 Wildcat Dr Kennan H Beard III PROPOSED Property Name/Address Rating Bldg SF Stories Start Complete Developer/Owner NEC CHASE SCHOOL Rd - 1 95,575 1 Jun 2021 Jul 2021 - Coachella Professional… - 2 70,000 1 Jun 2021 Jun 2022 1400 6th St Cree Edwin C Trust Coachella Professional… - 3 35,000 1 Jun 2021 Jun 2022 1430 6th St Cree Edwin C Trust Bldg A/B - 4 7,200 1 Jun 2021 Jun 2022 1450 6th St Imperial Valley Equities 5/20/2021 Copyrighted report licensed to Riverside County EDA - 1126743 Page 10 Sales Coachella Valley Office Coachella Valley generally posts steady sales volume, $5.75 million ($557/SF).
Load more

Recommended publications
  • Victor Valley Town Center Nec Bear Valley Rd & Hesperia Rd | Victorville, Ca
    OFFERING MEMORANDUM VICTOR VALLEY TOWN CENTER NEC BEAR VALLEY RD & HESPERIA RD | VICTORVILLE, CA CAPITAL MARKETS | INVESTMENT PROPERTIES Shane Hariz Matthew C. Sullivan Alan Krueger Senior Investment Advisor, Partner Managing Director, Principal Senior Vice President 213-623-0800 ext. 2 213-623-0800 ext. 1 909-418-2062 [email protected] [email protected] [email protected] BRE License # 02025736 BRE License # 00848427 BRE License # 00880814 CONFIDENTIALITY AGREEMENT The information contained in the following Marketing Proposal is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Lee & Associates - Investment Services Group and should not TABLE OF CONTENTS be made available to any other person or entity without the written consent of Lee & Associates Investment Services Group. This Marketing Proposal has been prepared to 1. EXECUTIVE SUMMARY ..................... 3 provide summary, unverified information to the aforementioned owner of the property 2. PROPERTY DESCRIPTION .................. 5 receiving it. The information contained herein is not a substitute for a thorough due diligence 3. TENANT PROFILES ......................... 11 investigation. Lee & Associates Investment Services Group has not made any investigation, 4. FINANCIAL ANALYSIS ................... 1 5 and makes no warranty or representation, with respect to the income or expenses for the 5. MARKET OVERVIEW ....................... 20 subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue its occupancy of the subject property.
    [Show full text]
  • South Coast AQMD Continues Advisory Due to Smoke from California Wildfires
    FOR IMMEDIATE RELEASE: August 25, 2021 MEDIA CONTACTS: Bradley Whitaker, (909) 396-3456, Cell: (909) 323-9516 Nahal Mogharabi, (909) 396-3773, Cell: (909) 837-2431 [email protected] South Coast AQMD Continues Advisory Due to Smoke from California Wildfires Valid: Wednesday, August 25 through Friday, August 27, 2021 This advisory is in effect through Friday morning. South Coast AQMD will issue an update if additional information becomes available. Wildfires in northern and central California are producing heavy smoke that is being transported into the South Coast Air Basin and the Coachella Valley. While the heaviest smoke will be present in the upper atmosphere across the region, the greatest impacts on surface air quality are expected in mountain areas, the Inland Empire, and the Coachella Valley. Smoke impacts are expected to continue until Thursday evening. Smoke levels are expected to continue decreasing throughout Wednesday afternoon and during the day on Thursday. During this period, the PM2.5 concentration may be moderately elevated and reach Unhealthy for Sensitive Groups Air Quality Index (AQI) levels in mountain areas, the Inland Empire, and the Coachella Valley. Ozone, the predominant summertime pollutant, may reach Unhealthy AQI levels near Crestline, Fontana, Redlands, San Bernardino, and Upland. To help keep indoor air clean during periods of poor air quality, close all windows and doors and run your air conditioner and/or an air purifier. If possible, do not use whole house fans or swamp coolers that bring in outside air. Avoid burning wood in your fireplace or firepit and minimize sources of indoor air pollution such as candles, incense, pan-frying, and grilling.
    [Show full text]
  • Inland Empire
    First Quarter 2018 / Industrial Market Report Inland Empire Market Facts Market Overview 4.1% The Inland Empire industrial market continues to perform at optimal levels with a healthy Inland Empire economy as of the first quarter of 2018. Vacancy remains tight, while remaining nearly flat Unemployment Rate from the previous quarter. Reliable leasing demand has allowed rental rates to move higher year-over-year at a modest pace. The counties of Riverside and San Bernardino, which make 6,517,756 SF up the Inland Empire market, are experiencing strong economic fundamentals, and rapid Positive Net Absorption growth in population and quality inventory. These factors are driving heightened developer Current Quarter interest and elevated investor appetite. 5.5% The Inland Empire is a powerhouse of industrial inventory that supports the demands of the Total Vacancy Rate entire Southern California region. Industrial construction activity resumed rapidly post- Down From 5.6% In Q4 2018 recession and has met pre-recession levels with fervor. The market had 93 industrial projects under construction at the first quarter of the year, amounting to 22,591,000 sf of new $0.59 PSF inventory that is expected to be delivered in the coming year. Asking Rental Rate Weighted Average The Inland Empire industrial market recorded a total net absorption of positive 6.5M sf for Q1 2018 Transaction Volume by the quarter, and positive 23.2M sf for the most recent 12 month period. Rental rates for the Property Sector entire market on average have reached $0.59 psf FSG as of the first quarter of 2018, relatively flat from the previous quarter, with a significant increase seen from $0.49 psf FSG at the same 10% 8% time in the previous year.
    [Show full text]
  • PALM SPRINGS Like No Place Else
    2015–2016 CALIFORNIA’S COACHELLA VALLEY PALM SPRINGS Like no place else. COACHELLA VALLEY ECONOMIC PARTNERSHIP | GREATER PALM SPRINGS CONVENTION & VISITORS BUREAU RIVERSIDE COUNTY ECONOMIC DEVELOPMENT AGENCY LIKE NO PLACE ELSE, SOUTHERN CALIFORNIA’S LEGENDARY RESORT DESTINATION HAS GOT BUZZ! Palm Springs SPRINGS CVB PALM GREATER MAYOR: Steve Pougnet MAYOR PRO TEM: Paul Lewin COUNCIL MEMBERS: Ginny Foat, Rick Hutcheson, Chris Mills will feature a magnificent roof-top pool, YEAR INCORPORATED: 1938 POPULATION: 46,135 bar, and signature restaurant along AVERAGE HOUSEHOLD INCOME: $64,123 with meeting space, all wrapped in the WEBSITE: www.palmspringsca.gov City’s iconic modern architecture and surrounded by gorgeous mountain vistas. In addition, a new West Elm furniture t’s a well-known fact around the globe that like no place else, Palm design retail store has broken ground Springs in in demand … and we’ve got BUZZ! and City staff is working with Wessman Yes indeed! It’s been another blockbuster, record-setting year for Development to secure even more top ISouthern California’s most legendary resort playground. Once a haven to quality retail tenants for the dramatic new Hollywood mega-stars like Bob Hope, Frank Sinatra, Dean Martin, Liberace, outdoor shopping and dining complex. Elvis Presley and Lucille Ball, Palm Springs has experienced a historic Another important part of the project transformation over the past several years — and is now the hippest, most coming soon, a new downtown park across happening, ultra-cool resort destination in Southern California and beyond. from the Palm Springs Art Museum. In fact, there’s no doubt that thanks to the City’s transformative “It’s happening folks! After years of Downtown Revitalization Plan, a host of innovative community and hard work by our City Council, staff and economic development projects, incentive programs, multi-million dollar the developer, the Kimpton Hotel and hotel renovations and uniquely original special events and tourist attractions, West End are now vertical.
    [Show full text]
  • Campaign for the California Desert Support List
    Campaign for the California Desert Support List www.californiadesert.org Government and Elected Officials Off-Road Business Association Imperial County Board of Supervisors Motorcycle Industry Council Riverside County Board of Supervisors Paul Smith, owner of Twentynine Palms Inn City of Apple Valley Susan Sorrells, owner of Shoshone Village City of Coachella Brian Brown, owner of China Ranch Date Cathedral City Farm Sam Roberts Photography City of Desert Hot Springs John Dittli Photography City of Rancho Mirage Suzi Dennet, Death Valley Chamber of City of Palm Desert Commerce City of Chino Hills Mary King, Shoshone Museum Coachella Valley Association of Governments Amy Noel, owner of Tecopa Hot Springs Resort Coachella Valley Association of Governments Paul Barnes, Lara Murray, Ryan Thomas, Nancy Coachella Valley Conservation Commission Good, The Tecopa Hot Springs Conservancy, Morongo Valley Community Services District concessionaires at Tecopa Hot Springs Terence McAteer, Inyo County Superintendent of Campground and Pools Schools (Alabama Hills Section) Karin Pine, owner of Tecopa Hot Springs Massage Justin Blake, owner of The Second Wind Hot Tribes Water Retreat San Manuel Band of Mission Indians John Malucci, owner of Pastels Bistro Timbisha Shoshone Nancy Good, owner of New Light Foto Design Lone Pine Paiute-Shoshone Reservation Ryan Thomas, owner of Kiltman Off-Road (Alabama Hills Section) Adventures City of Bishop (Alabama Hills Section) Cynthia Keinitz, owner of Cynthia’s Resort The Desert Sun Chamber of Commerce & Civic Groups
    [Show full text]
  • Geography of Coachella Valley Curriculum Guide
    Exploring the Geography of Coachella Valley A Curriculum Guide for Grade 3, Standard 1 Table of Contents Acknowledgements i Table of Contents 1 Unit Overview 2 Common Core State Standards: Reading Standards for Information Text 2 Academic History-Social Science Content Standards for Grade 3 2 Kindergarten to Grade 5 Historical and Social Sciences Analysis Skills 3 Focus Questions and Assessment 3 Geography of the Coachella Valley – Background Information for the Teacher 4 Supplies Needed 6 Lesson 1: Location Match-Up 8 Lesson 2: Looking at Earth 11 Lesson 3: Where I Live 14 Lesson 4: Geographic Terms and Definitions 16 Lesson 5: Right Here in the Coachella Valley 20 Lesson 6: Geographical Features of Coachella Valley 24 Lesson 7: Human-Made Features of Coachella Valley 29 Lesson 8: Communityville 31 Extended Activities 39 Unit 3.1 Exploring the Geography of Coachella Valley Page 1 Unit Overview: Exploring the Geography of Coachella Valley __________________________________________________________________________________ Description of the Unit The unit begins with Matching Vocabulary Cards that help students learn the name of their city, county, state, nation, continent, hemisphere, and planet. In Lesson 2, students use a variety of maps to find these geographic locations while in Lesson 3 they construct a “Flip-Book” titled “Where I Live.” In Lessons 4 and 5, students study geographic terms and definitions and use local maps to identify key geographical features in the Coachella Valley. In Lessons 5 and 6, students construct a map of the Coachella Valley and identify key geographical features and human-made features. The focus in Lesson 8 is on how the natural environment of “Communityville” has been changed over time.
    [Show full text]
  • The Story of the Coachella Valley
    The Story of the Making every drop count since 1918 1 Copyright @ 2018 by Coachella Valley Water District P.O. Box 1058 Coachella, CA 92236 All rights reserved, including the right to reproduce this work in any form whatsoever without permission in writing, except for brief passages in connection with a review. CVWD General Manager: Jim Barrett CVWD Assistant General Manager: Robert Cheng Writer: Jeff Crider, Crider Public Relations Project Director: Diane Carmony Graphic artist: Angie Agostino, AgostinoCreative Proof readers: Maureen Perry, Kevin Hemp, Jamie Pricer Cover: Courtesy of CVWD archive photo Library of Congress Control Number: 2017962598 Table of Contents Acknowledgements Preface Introduction Chapter 1 Four Oases in the Wilderness Chapter 2 Date Gardens Bring the Romance of the Middle East to the Coachella Valley Chapter 3 Origins of Coachella Valley Water District Chapter 4 Coachella Valley County Water District’s First Actions Chapter 5 Colorado River Silt, Mexican Water Rights and the Thirst for Colorado River Water Chapter 6 The Boulder Canyon Project and the Taming of the Colorado River Chapter 7 A Political Battle Breaks Out as Coachella Valley Farmers Take Aim at Imperial Irrigation District Chapter 8 Optimism Sweeps the Valley Chapter 9 Endless Delays Chapter 10 Rays of Hope Chapter 11 Boom Times Chapter 12 A Second Lifeline Chapter 13 The Playground of Presidents Chapter 14 Turning Point Chapter 15 The Valley’s Real Estate Market Explodes Chapter 16 Convention Hotels Come to the Coachella Valley Chapter 17 Tourism
    [Show full text]
  • CVWD-DWA the State of the Coachella Valley Aquifer (PDF)
    the state of the Coachella Valley Aquifer The Coachella Valley Water District and Desert Water Agency are committed to carefully managing the region’s aquifer. This collaboration will ensure this precious resource is available for generations to come. early 100 percent of the water that is used in the Coachella Valley comes from an underground aquifer – or groundwater basin. This water is Nlocated beneath the surface, where it is stored and eventually pumped for use by nine cities, 400,000 people, numerous businesses and thousands of acres of farmland. Due to the dry climate in the Coachella Valley, the groundwater basin must be very carefully managed. The very little precipitation that is seen in the desert and nearby mountains helps to replenish the aquifer but must be augmented by importing additional supplies. Currently, groundwater levels are declining but together, the Coachella Valley Water District (CVWD) and Desert Water Agency (DWA) have been working hard to replenish the aquifer and protect this important resource. Since 1973, the agencies have replenished the aquifer with more than 3.1 million acre-feet (1 trillion gallons) of imported water. Together, the agencies have made great strides when it comes to recycling wastewater and encouraging and implementing conservation programs – efforts that reduce the region’s reliance on the aquifer. Imported water, conservation programs and local efforts are important tools that CVWD and DWA employ to ensure that the aquifer will continue to provide Coachella Valley residents, businesses
    [Show full text]
  • AGENCIES Coachella Valley Rescue Mission Community Action
    GALILEE CENTER LIST OF SUPPORTERS AGENCIES Coachella Valley Rescue Mission Community Action Partnership of Riverside County FIND Food Bank Hidden Harvest Independent Living Partnership Indio YMCA of the Desert Mecca Family & Farmworker's Service Center Salvation Army BUSINESSES & FOUNDATIONS 6th & Harrison, LLC Aim Electric AMG National Trust Bank Anderson Children’s Foundation Archstone Foundation Association of Fundraising Professionals-Desert Communities AT&T Auen Foundation Bank of America Foundation BB-One Benson Family Foundation Big Horn Golf Club Charities Blue Banner Co., Inc. Bob Williams Nursery Building Healthy Communities-California Endowment Burrtec Waste & Recycling Services Cahill and Associates California Hotel & Lodging Association Certified Comfort Systems Inc. Certified Comfort Systems, Inc. Chapter CL of the PEO Sisterhood China Bistro Combined Federal Campaign of Greater SoCal Desert Classic Charities Desert Community Foundation Desert Empire Insurance Services Desert Medical Advance Desert Resort Management Inc. Diane Flaherty Associates Inc. Don Carlos Meat Market DRC Excavation and Grading, Inc. Drive Against Hunger Golf Tournament Duhs Commercial Eclipse Dentistry EHF Licensed Clinical Social Worker Inc. Eisenhower Medical Center Encore Consign & Design Studio Extended Hands Ministries GALILEE CENTER LIST OF SUPPORTERS Fabricure Coachella Valley, LLC Fantasy Springs Casino Fine Quality Foods Inc., First Foundation Forest Lawn Mortuary Friends Real Estate Group, Inc. George Lopez Realtor Golden Voice Inc. Grace Real Estate H.N. and Frances C. Berger Foundation Hagen Investments HEDCO Foundation High Sierra Distributing Co. High Tech Mailing Services Hort Tech Inc. Hyatt Regency Indian Wells Resort Imperial Irrigation District Indio Elks Lodge #1643 J & S Welton Jelmbert Team Inc. Kohl's Kroger La Quinta Palms Real Estate La Quinta Stuft Pizza Bar & Grill Inc.
    [Show full text]
  • Sunline Transit Agency Announces the Launch of New 10 Commuter Link with Monday-Friday Service To/From San Bernardino
    FOR IMMEDIATE RELEASE SunLine Transit Agency Media Contact: Nicholas Robles (760) 507-7075 [email protected] FOR IMMEDIATE RELEASE July 8, 2021 SunLine Transit Agency Announces the Launch of New 10 Commuter Link with Monday-Friday Service to/from San Bernardino Highly Anticipated Route Includes Stops at both California State University San Bernardino Campuses – Palm Desert & San Bernardino (Thousand Palms) – SunLine Transit Agency will begin its 10 Commuter Link Route in partnership with California State University San Bernardino – providing roundtrip service Monday-Friday from Indio to San Bernardino – on July 12, 2021. The route includes stops at the SunLine Indio facility, the California State University San Bernardino – Palm Desert Campus, 2nd & Commerce in Beaumont, the California State University San Bernardino – Main Campus, and the San Bernardino Transit Center & Metrolink Station. At the Beaumont bus stop, passengers will be able to access buses connecting to Cabazon, University of California – Riverside, Riverside University Health Center, the Kaiser Hospital, the VA Hospital, Loma Linda Medical Center and numerous destinations served by Riverside Transit Agency, Beaumont Transit and Banning Transit. The 10 Commuter Link bus stop in Beaumont also enables residents of the PASS area, San Jacinto, Hemet and Moreno Valley to travel to California State University – San Bernardino and University of California – Riverside (Palm Desert campuses) and other employment centers in the Coachella Valley. From the San Bernardino Transit Center, passengers can connect to Metrolink, OmniTrans and RTA to reach destinations such as Downtown Riverside, Downtown Los Angeles and Orange County. “The launch of the 10 Commuter Link will connect Coachella Valley residents and visitors to a multitude of Southern California destinations, and vice versa – providing affordable transit access for those in need of transportation to work, school, medical care as well as other essential services and attractions,” said Lauren Skiver, CEO/General Manager of SunLine Transit Agency.
    [Show full text]
  • Inland Empire As an Effective Intermediary Between Local EMPIRE Outlook Is the First in Many to and Statewide Authority
    INLAND SOLID EMPLOYMENT GAINS his issue of Inland Empire as an effective intermediary between local EMPIRE Outlook is the first in many to and statewide authority. document positive economic news Tfor the Inland Empire. In prior issues, we Finally, we analyze the two competing OUTLOOK have examined the region’s ongoing high proposals for a new professional football unemployment and struggle to emerge stadium in the Los Angeles area (p.18). from the recession. The most recent data The downtown site is vying with a Economic and Political Analysis show solid employment gains that outpace proposal locating the stadium in the City Volume III | Issue 1 | Spring 2012 the improvement statewide and even of Industry, significantly closer to the nationally. Inland Empire. INSIDE We begin with a close look at recent On May 15, 2012, the Inland Empire unemployment data (p.2). The Inland Center, in partnership with the UCLA The Inland Empire Strikes Back Empire unemployment rate was at 12.5 Anderson Forecast, will hold the third pg. 2-11 percent in January, 2012. While still high, CMC-UCLA Inland Empire Forecast this is an improvement of 1.2 percentage Conference at the Miramonte Resort & Councils of Government: Effective in the IE points over the previous eight months. Spa in Indian Wells. Jerry Nickelsburg pg. 12-17 California’s unemployment rate declined of UCLA Anderson Forecast will present by 1.0 percentage points and the national the state and national forecast and Will Professional Football Return to rate by 0.7 percentage points over the Professor Marc Weidenmier of CMC SoCal? same eight month period.
    [Show full text]
  • COACHELLA VALLEY–SAN GORGONIO PASS Corridor Rail Service
    COACHELLA VALLEY–SAN GORGONIO PASS Corridor Rail Service COACHELLA VALLEY– SAN GORGONIO PASS CORRIDOR RAIL SERVICE Coachella Valley Rail Service Overview The Riverside County Transportation Commission (RCTC) and the Coachella Valley Association of Governments (CVAG) have been working on planning and supporting expansion of passenger rail service to the Coachella Valley since the first study in 1991. It has been determined that using Amtrak with a state supported intercity train presents the best alternative for developing service. The 141 mile trip between Los Angeles and Indio would cross four counties and there are proposals for up to 9 stations. Due to the trip length and time of approximately 3 hours, Amtrak service with larger seats and food service would be more appealing to the riders. In addition, the service would operate over Union Pacific and BNSF tracks and, in general, Amtrak has a greater ability to initiate service over freight railroads based on a national agreement. The initial service plan would be for two daily round trips along the corridor. COACHELLA VALLEY- SAN GORGONIO PASS CORRIDOR RAIL SERVICE 14 Burlington Northern Santa Fe Railroad Tracks LOS ANGELES Union Pacific Railroad Tracks COUNTY SCRRA Alignment (San Gabriel Sub) SAN BERNARDINO UP Alignment (Alhambra Sub) 15 COUNTY Existing Station with Rail Connections CRESTLINE LAKE ARROWHEAD 210 RUNNING Potential Station* SPRINGS Catchment Areas (15 mile radius) SAN BERNARDINO MONTCLAIR STATION 62 RIALTO L.A. 210 STATION SAN BERNARDINO UNION STATION REDLANDS/ FONTANA
    [Show full text]