Western Real Estate Business

OCT 2018

Western Real Estate Business magazine covers the multifamily, retail, office, healthcare, industrial and hospitality sectors in the Western United States.

Issue link: https://westernrealestatebusiness.epubxp.com/i/1037966

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Page 42 of 56

42 • October 2018 • Western Real Estate Business www.REBusinessOnline.com Belmont Street also recently began de- molition and will open in early 2019. A 56-room boutique hotel is in the pro- cess of submitting plans to the city, as a few other flag- ship brands pursue additional sites as well. Bellflower is bet- ting big on restau- rants, entertainment and hospitality in anticipation of the new LA Metro Light Rail line that will cross through Bellflower on its way to Downtown Los Angeles. This line is expected to be completed before the 2028 Olympics in Los Angeles, with a dedicated new train station located in the heart of downtown. "Bellflower, like other cities, was hit pretty hard by the recession," Del- lalonga says. "This was amplified by the dissolution of redevelopment agencies in 2012. During this period, city leadership positioned Bellflower for success as the economy slowly began to improve. Conservative fi- nancial management and investment in a revitalization plan contributed to some of the development successes SteelCraft is an outdoor food court housing seven unique vendors in repurposed shipping containers that is set to open in Bellflower in late 2018 or early 2019. Jim Dellalonga City of Bellflower, CA I ndio is the "City of Festivals" and ranked the No. 1 City in the Nation for Live Music. As the second seat of Riverside County, Indio is the center for business, government and entertainment in Greater Palm Springs. A leading global destination, nearly 1.4 million people visit Indio annually to experience its world-famous arts, food, and music festivals such as the Coachella Valley Music & Arts Festival, Stagecoach California's Country Music Festival, and Indio International Tamale Festival. Spectacular murals in downtown and visits to the Coachella Valley History Museum, Indio Performing Arts Center, and Coachella Valley Art Center highlight Indio's rich art, culture, and history. The Empire and Eldorado Polo Clubs attract thousands to watch national sporting and competition events, including world-class polo matches, the Sand Storm Lacrosse Festival, and Palm Springs Kennel Club Dog Show. The luxurious Fantasy Springs Resort Casino provides culinary delights, gaming and premier entertainment. Indio is also home to the only night-lighted golf course in the Coachella Valley – the Lights at Indio Golf Course. Indio is enjoying an economic upswing, welcoming a variety of new commercial developments, including new hotels, restaurants, shops, and a 12-plex movie theater north of the I-10 freeway. There are plans to transform the Indio Fashion Mall on Highway 111 to an exciting multi-use development. Downtown Indio is undergoing a renaissance with the opening of the beautiful brand new Loma Linda University Children's Health Clinic and planned campus expansion of the College of the Desert. Downtown Indio is also home to the California Desert Trial Academy College of Law, the only law school in Riverside County. Indio was named one of the Top 20 Best Cities for Young Families in California due to its nationally recognized public safety services; exceptional schools; parks and hiking trails; active senior, teen and recreational centers; and housing affordability with more than 3,000 new housing units planned or under construction. The future is bright for Indio with exceptional amenities, boundless economic opportunities and a superior quality of life. Visit www.indio.org to learn more.

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