Palm Drive , Desert Hot Springs, CA 92240

Shovel-Ready in ~ 6 Months +/- | 20-Year Development Agreement | New Markets Tax Credit Zone. Located in the heart of Desert Hot Springs “The Spa City” – this rare 25-acre site is one of the most advanced entitled development opportunities available in the Coachella Valley. Perfectly positioned for a luxury gated condominium community featuring ultra-premium resort-style amenities. Key Highlights: Fully entitled for a gated condominium community, 20-Year Development Agreement in place, (NMTC) Zone, Steps to shopping, and everyday conveniences. Cooperative, developer-friendly Planning & Building Department. Extensive Due Diligence & Entitlements Completed: Seller has invested heavily in de-risking the project with the following already completed:Phase I Environmental Report, Acoustical Site Assessment & Structural Acoustical, General Biological Assessment, Jurisdictional Delineation, Paleontological Resources Assessment, CEQA Mitigated Negative Declaration (MND), Phase I Cultural Resources Focused Species Presence/Absence Surveys, Addendum to Environmental Assessment, Hydrology Studies, Feasibility Study, Appraisal & Proforma, Tentative Tract Map & CUP Site Map, Open Space, Parking & Photometrics Calculations, Full Conceptual Design Package (Elevations A/B/C, Community Building Elevations, Unit Plans, Site Plan) Carport Design & Solar Plan, Complete Landscape Architecture (Landscape Plan, Plant Image Board, Wall Plan) Amenities Plan, Tentative Community Start-Finish Schedule, Executive Summary, Arts in Public Places Plan, Plus all supporting studies. Additional Turn-Key Advantages: In-house Real Estate Broker for on-site pre-sales, In-house lender, Attorney for HOAs, Full consultant team on board. Bring your General Contractor and claim your reserved parking space plaque! This is a true turn-key opportunity all the heavy lifting is done. Now it’s time to build. Contact Exclusive Agent for Full Due-Diligence Package & further details.