2940 E Foothill Blvd, Pasadena, CA
2940 E Foothill Blvd, Pasadena, CA, 91121-0001, US
Description
Jones Lang LaSalle Americas, Inc. (“JLL”), as the exclusive advisor, is pleased to present the opportunity to acquire Palm Canyon Foothills (“Property” or “Site”), a potential residential development set directly against Palm Springs foothills.
Palm Springs anchors the western end of the Coachella Valley, a nine-city region of roughly 455,000 permanent residents that grows to approximately 660,000 during the October through May season. The city is reached directly from Interstate 10 and Highway 111 and is served by Palm Springs International Airport, located minutes from downtown with nonstop service to major U.S. and Canadian markets.
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Attributes
Land area gross
19.44 acres
Media
Investment highlights
Residential Development Opportunity
- A 19.44-acre site on Palm Canyon Drive with flexible residential zoning, ready to capture the demand left by the limited townhome pipeline.
Scenic Setting
- The Property backs directly to the mountain foothills, providing a permanent view backdrop and natural rear-boundary privacy.
Established Amenity Base
- Daily-needs retail along Palm Canyon Dr, expanded airport, numerous nature attractions, and an abundance of entertainment and festivals all within the Greater Palm Springs area.
Proven Destination
- Greater Palm Springs draws more than 13 million annual visitors, supporting a $3 billion tourism economy and one in four regional jobs.
Strong Buyer Pool
- The local community is highly educated with a high average income of approximately $120,000 within a mile radius of the Property.
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Palm Canyon Foothills (0 Properties)
