Van Fleet StCathedral City, CA 92234

This exceptional 7.73-acre parcel presents a rare opportunity for development in the heart of Cathedral City, California. Situated in the burgeoning Downtown Arts & Entertainment District, this infill site is ideally positioned off Highway 111/East Palm Canyon Drive, directly across from the newly opened Agua Caliente Casino, a significant economic driver creating over 500 jobs. The property's zoning allows for up to 200 residential units (for-sale or multi-family rental) or a hotel, catering to the high demand in the Coachella Valley's thriving hospitality and residential markets. The location offers unparalleled pedestrian access to numerous amenities, including the CV Repertory Performing Arts Theater, Heritage Commons Amphitheater, Mary Pickford Movie Theatre, and the Cathedral City Civic Center and Police Department, along with a variety of upscale restaurants. Cathedral City, the second-largest city in the Coachella Valley with a population exceeding 52,000, benefits from its proximity to Palm Springs and Rancho Mirage, experiencing a significant redevelopment renaissance. This property represents a unique chance to capitalize on the area's explosive growth and create a landmark development in a highly desirable location. The site is part of a larger 13.5-acre development, further enhancing its potential and desirability. The property's address is Van Fleet St, Cathedral City, CA 92234. This is an irreplaceable infill opportunity adjacent to a retail center under construction.