tg wrote this at 2:53 pm on January 3, 2008:

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Happy New Year — I am so excited that 2008 is finally here! Bring on the 2nd generation iPhone; bring on the 2008 Superbowl champions and bring on new growth in La Quinta. Here’s a quick snapshot of what we have to look foward to in La Quinta in 2008:

• A retail-commercial project across the street from Old Town La Quinta on Calle Tampico (estimated around 20 million) is expected to break ground. According to the La Quinta Sun (a weekly supplement from the Desert Sun), the project will be anchored by a new Fresh & Easy grocery store. This will be great for residents and merchants as it will give even more reason for consumers to visit the Old Town area and the multitude of shops there. This new center is expected to open in early 2009.
• Old Town Bar & Grill (which was once Main St. Bar & Grill) should open this month, according to the La Quinta Sun. Nice! I wonder if they’ll do karaoke again on Thursday nights?
• SilverRock is currently getting ready for its first Bob Hope Chrysler Classic which opens in a few weeks.
• La Solana, the new condo and hotel development that Lowe Destination Development will build at SilverRock resort, is expected to break ground this year. The 200-plus room condo-hotel will consume 61 acres on the grounds of SilverRock. As of last June, the units are expected to sell in the $750,000 range, and I believe at least some of the product will offer fractional ownership possibilities.

This is just a quick snap shot of what’s happening. We’ll keep this updated with more detail as projects come online. La Quinta is growing rapidly — it’s a great time to be a part of our desert community. Happy new year!

Filed under: Real Estate

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