With the way the economy has been over the last two years, it seems like the message has always been bleak.  However, there have been some real boons because of the economy.

If you have every considered opening a business in the Coachella Valley, the time could not be better.  Affordable leasing arrangements are at an all time high and the selection is outstanding.

Spots that were going for $2 – $3 dollars a foot last year are being offered for less than $1 per foot today as owners are willing to work with potential lease holders.  It is virtually a win for anyone with a business plan and some operating capital.

There are many great real estate firms here who will do anything they can to work within your budget.

Just recently, Pierro’s Agua Pazza, a renowned restaurant in Rancho Mirage, announced plans to open up Lulu’s restaurant in Palm Springs.  They will be occupying the former KopyKats Lounge in March/April.  Additionally, the Mayor and City Council of Palm Springs are working with the local owner of the closed Desert Fashion Plaza to help refurbish it and bring new business to downtown Palm Springs.

El Paseo, the Rodeo Drive of the desert, has new construction underway and will be opening new shops in the near future.

And further east, Indio has a shopping center that is at 100% occupancy.

All in all, I would say your chances for a great spot to open that new business is waiting for you in the valley.  Check us out and you won’t be sorry you did.

John Pivinski
Vision Marketing of Palm Springs

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