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Real Estate - JULY 16, 2018

City of La Quinta approves residential and hotel project

by Released

Shopoff Realty Investments announced its project proposal for The Centre at La Quinta has been unanimously approved by the city of La Quinta, Calif.

The proposed development will include a new residential-housing community with 131 single-family detached units, as well as a 2.8-acre hotel site. The project site is located in La Quinta’s Highway 111 corridor in close proximity to retail shops, restaurants, and entertainment venues. Shopoff purchased the site in June 2016.

The approved residential portion of the project will feature a desert contemporary design with two product lines, including single-level and two-story homes (1,502 to 2,390 square feet), ranging from three to four bedrooms. The community is designed to take advantage of the indoor/outdoor lifestyle the city of La Quinta offers, with views of the nearby mountains. In addition, the streets will be private and walkable, and the development will include pocket parks, a dog walk, bocce courts and a community center.  The hotel portion of the development is envisioned to be a limited-service hotel with a multistory building accommodating up to 125 rooms.

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