The Agua Caliente Band of Cahuilla Indians plans to build a 10,000-seat arena in the heart of Palm Springs for ice hockey and live entertainment.
The new facility will be north of the tribe’s downtown casino and two blocks from the desert city’s main drag. The arena project will be developed on the tribal property north of the Agua Caliente Casino Palm Springs, generally between Amado Road on the south, Alejo Road on the north, Calle Encilia on the west, and Calle El Segundo on the east.
Tribal Chairman Jeff L. Grubbe said in a phone interview that the partnership was more than a year in the works and came about because Oak View Group was looking for a home for the expansion team. The Coachella Valley’s large number of winter residents from Canada made it a natural fit.
Tim Leiweke, CEO and co-founder of Oak View Group, said the projected cost of the arena, training center and hockey team is $250 million. Tribal Chairman Jeff L. Grubbe said the arena will be privately funded, exclusively by the tribe and Oak View Group.
Live Nation Entertainment also has signed on as a strategic partner with the project and will “supply the new arena with its large stable of top touring artists and premium live events,” according to a news release.
Grubbe said he doesn’t have details on what the arena would look like yet, and not to expect renderings any time soon. He did say that the arena would be state of the art and would fit in with the overall look of downtown Palm Springs.
Groundbreaking and construction is scheduled to begin in February 2020, according to the tribe. The arena is expected to open by fall 2021 in time for the hockey season.
Barker Dam, is a water-storage facility located in Joshua Tree National Park in California. The dam was constructed by early cattlemen, including CO Barker, in 1900. It was raised in 1949 by rancher William F. Keys. It is situated between Queen Valley and the Wonderland of Rocks near the Wall Street Mill. It is a gathering place for desert wildlife, including many species of birds and Desert Bighorn Sheep.
Visitors can reach the Barker Dam via a short trail from a nearby parking lot and can see Native American petroglyphs a short distance to the west. There is also good bouldering on side trails near the dam. The park offers a Barker Dam Nature Hike led by a ranger.
The lowest 9 feet (2.7 m) of the dam, the original portion, was constructed of concrete surfaced with stone on the downstream side. The height of the dam was raised an additional six feet with concrete in 1949–1950. The dam has several indentations. An inscription at top reads: Big Horn Dam Built by Willis Keys, W.F. Keyes, Phyllis M. Keys, 1949–1950.
The start of the trail is well marked, and if you are driving in your car, there are signs around the park that will direct you to the area where the trailhead starts. There is also a large parking lot by the trailhead and this area is busier if you come on a weekend, as it is one of the most well known and family-friendly hikes in the park.
The trail itself is less than a mile and half round trip, and it is a loop so that you never see the same thing twice. As soon as you get out of your car and start the trail, you immediately enter into an area with large rocks surrounding you on both sides.
The trail winds around for a little bit before dropping you out in a wide open area that makes up Barker Dam. The Barker Dam itself was really cool, primarily because it was so old and was still in working condition. I also enjoyed seeing the sign right at the top of the dam that was carved in the concrete from the brothers that helped build it.
DIRECTIONS: Turn east off Park Boulevard on Barker Dam Road towards Hidden Valley Campground. The turnoff is located 9 miles south of the west entrance station and 1.6 miles north of the intersection with Keys View Road. Continue on the paved road for 2.8 miles to a large parking area.
For current park conditions
visit JTNP Website or Call 760 367-5522
DESERT REAL ESTATE MARKET REPORT
2018 Year in Review
As we start 2019, it’s time to take look back at how the Desert Real Estate Market performed last year and look for developing trends.
In 2018, there were 5,836 single family home sales throughout the Coachella Valley. Those homes sold at an average of $610,300 and an average of $260. / Sq Ft. Homes that were priced correctly for the market, sold on average in 89 days. The highest sale price in 2018 was $12,000,000 for a home located in The Madison in La Quinta.
With those statistics, we compared 2018 sales to the previous year and found that while the number of sales were down slightly overall, (2%), Selling Prices were up 10% and the price / sq ft was up 8%. The time it took to sell was down 10% from the year prior. The highest priced home sale in 2017 was $8,700,000. for a home located in The Vintage Country Club in Indian Wells.
While prices are up, inventories remain low as compared to this time of season in years past. Historically when the inventory of homes for sale is low, prices tend to rise due to the pressures of supply and demand.
Interest rates also play an important role in how markets perform; rates are still low despite the fact that the Fed gave us 4 rate increases in 2018. As rates increase, buyers can afford less house for the same mortgage payment, which ultimately puts downward pressure on home prices.
But good news, rates pulled back a bit this week. Conforming loans, (up to $484,350) for a 30 year fixed rate is still just 4.47%.
The Coachella Valley has long been viewed as a destination for the soon to retire and already retired home buyers looking for an active lifestyle, but with the increase in mobile commuting, people can work from anywhere. We’re also seeing more young home buyers who are looking for a quality lifestyle, moving to the Desert full time. Easy Freeway and International Airport access makes that possible.
Combine the Lifestyle that only the Coachella Valley offers along with affordable home prices – the Valley is and will continue to be a destination for both full time residents, second home buyers and
We have a strong and steady real estate market here in the Coachella Valley.
If you would like more detailed information about your neighborhood specifically, drop me a line – we just finished our 2018 “Year in Review” Market Report, I’m happy to send you a copy.
Broker Associate with Bennion Deville Homes
SUMMER STAGING TIPS
Did you know that more than 50% of the desert home sales happen during the summer months? The desert summer real estate market is as hot as it is outside; knowing how to present your home for sale will be an important factor for you to ask and receive top dollar.
Top 6 Summer Staging Tips
Keep it cool as a cucumber. no one wants to walk into a hot house. All of a sudden, they’re thinking how do I get out of here instead of looking at your home. Now is not the time to skimp on energy bills.
Show that the grass is greener. High water costs and water conservation are hard on our summer desert landscape. However, keeping at least the front landscape looking fresh and lush will make your home stand out as the gem. The curb appeal will lure them in.
Set the Mood. set up a refreshing beverage station for your hot and tired home buyer’s and their agents. Place a vase with fresh flowers. Have a pitcher of Ice Tea or Lemonade with lots of ice and pretty glasses set out just before your showing.
Visual Power. Use fresh flowers in as many places througout your house as you can. Make sure your home looks fresh, cheery and refreshing as possible.
Making Scents. Aromatherapy can help make your home more alluring. Scents like Citrus, Eucalyptus or Rosemary say summer. They add a clean refreshing scent to your home.
In the Swing. There is an intimate relationship between music and marketing. Music can evoke an emotional response. The awkward sound of heels on a hard floor is hardly inspiring. Heighten the senses of your buyer with background music, it changes the ambiance and heightens the senses and mood of buyers touring a home. Music has a persuasive impact and can create an illusion of life inside your home for buyers increasing their emotional attachment. The music you play is important, pair the music style to the style of your home and the buyer’s you’re targeting.