Palm Springs is populated by alternative lifestyle locals, coastal 2nd-home weekenders, seniors, and international based snowbirds. It has been targeted more than ever before as the new trend-setting place for homebuyers to purchase new home product with modern, or traditional but contemporary architecture. To help continue this momentous resurgence occurring now in Palm Springs, $140-million in new funding for Palm Springs was recently backed by voter approved Measure J and has paved the way for a massive revitalization of downtown. These improvements most notably include a new destination mixed-used project which recently completed construction and opened called Downtown PS with a new 155-room, 6-story hotel by Kimpton Hotels & Restaurants. This was the first new 4-star hotel built from the ground up in Palm Springs in 20 years. Additionally major new retail stores and restaurants have opened here including H&M, West Elm, Tommy Bahamas, Starbucks, 4 Saints, High Bar, Blaze Pizza, and Kiehl’s; which are only a short drive from the subject property.
