SilverRock Resort

79179 Ahmanson Lane, La Quinta, CA, 92253, US

Asset description

THE OFFERING

Jones Lang LaSalle Americas, Inc. ("JLL"), as the exclusive advisor, presents SilverRock ("Property" or "Site"), an ultra-luxury mixed-use development. This rare offering represents the opportunity to shape a visionary destination that seamlessly integrates high-end residences, world-class hotels, and a state-of-the-art conference center. Set against the backdrop of the majestic Santa Rosa Mountains and complemented by the adjacent Arnold Palmer Classic Golf Course, SilverRock stands as one of the last large-scale development of its caliber in the region. JLL invites discerning investors to acquire and elevate this transformative project.

Once complete, SilverRock is poised to become a landmark destination in the Coachella Valley, featuring:

A luxurious 134-room Montage Hotel
29 exclusive Montage-Branded Residences
A state-of-the-art 70,000 SF Conference Center
A sophisticated 200-room Pendry Hotel
55 upscale Pendry Residences
Opportunity to potentially acquire land owned by the City of La Quinta known as Phase II
Opportunity to potentially acquire the existing golf course currently owned by the City of La Quinta

Bidding Process

The opportunity to acquire the Property will be conducted through a formal court-approved bid process. Please reach out to JLL for more information regarding the bid process.

Important Bid Procedure Dates

Bidding Procedures Hearing & Approval - 3/12/2025
Selection of Stalking Horse Bidder – 5/16/2025
Final Overbids Due – 7/1/2025
Selection of Final Purchaser – 8/15/2025
Notice Identifying Successful Bidder – 8/18/2025

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Attributes

Land area gross

508 acres

Media

Investment highlights

Prestigious Development Opportunity

SilverRock represents a rare chance to acquire an ultra luxury development connected to an Arnold Palmer designed golf course. The project combines the world-class hospitality brands Montage and Pendry with high-end residences, positioned to become a premier destination in the Coachella Valley.

Lifestyle and Amenity-Rich Environment

The development is set against the backdrop of the Santa Rosa Mountains and is part of a broader 525-acre resort. It offers access to world-class golf, tennis facilities, and the vibrant Old Town La Quinta. Combined with the area's natural beauty, cultural events like the Coachella Festival, and its appeal to retirees, SilverRock caters to a diverse, affluent clientele seeking luxury desert living and experiences.

Growing Market

Situated in La Quinta, known as the 'Gem of the Desert,' SilverRock is well-positioned to leverage the Coachella Valley's growing appeal in both tourism and luxury real estate. The demand for high-end homes is evident in neighboring communities. The Hideaway, with only 10 out of 434 homes available, and the exclusive Madison Club, offering just 4 out of 193 residences, demonstrate the tight market for luxury properties. This robust housing demand is complemented by a significant uptick in tourism, with visitor numbers in the Valley increasing by 4.5% from 2022 to 2023. The Property is well positioned to capitalize on the increasing demand in the region.