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Temecula spending $12.4 million on new affordable housing



Aaron Claverie | Press-Enterprise | 10 Apr 2017

Thirteen developers have applied for a share of $12.4 million the city of Temecula has to spend on new affordable housing developments.

The money is leftover funding from the shuttered Temecula Redevelopment Agency [...] The 13 developers have submitted 20 applications, and the projects would include new housing for seniors and families with children on the autism spectrum.

The council on Tuesday, April 11, is set to discuss the proposals and tell city officials how to proceed.

[...]

One of the projects endorsed by the subcommittee is a 56-unit apartment complex that would set aside 12 units for families with children with autism. That project, which has been dubbed Vine Creek Apartments, is slated for land on Pujol Street. The developer, Pacific West Communities, is asking for $4.8 million and a land donation.

Another project would make use of the city-owned property at Wolf Valley Road and Daviana Way.

Five developers are looking to build on that site but two did not request any funding, only the donation of the land. Both of those developers want to build senior housing. One project calls for 50 units in a variety of craftsman styles. The other is 76 units, and half of the units would be available for veterans.

[...]

Some of the other sites that could be discussed Tuesday night include land at Rancho California and Diaz Road that is zoned “service commercial” and the old water park site at Diaz Road and Dendy Parkway.

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Update: Temecula studying eight affordable housing projects
 

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New casino project announced for Palm Springs area


Ed.: Somewhere in here... probably the irregularly shaped piece southwest of the intersection.

Fielding Buck | Press-Enterprise | 12 Apr 2017

Gaming is coming to a prime corner of Cathedral City.

The Agua Caliente Band of Cahuilla Indians has announced the acquisition of 12.5 acres along Highway 111, a main drag that links Palm Springs to cities east, and Date Palm Drive, which accesses the 10 Freeway.

The tribe will create a master plan for a mixed-use entertainment and gaming district, according to a news release. Gaming is allowable under a compact signed by Gov. Jerry Brown in 2016, the release said.

The tribe’s ancestral home is Tahquitz Canyon, south of downtown Palm Springs, and it has 31,500 acres of reservation land, including acreage in Palm Springs, Cathedral City and Rancho Mirage.

The tribe also announced it will contribute $5.5 million to Cathedral City to relocate and build a fire station.

The news release did not give a timeframe for the projects.

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The Development Committee of the Riverside City Council will consider a proposal to redevelop a 2-acre city-owned site at Magnolia and Elizabeth that remains from the construction of the Mag Ave grade separation. City staff are recommending the proposal submitted by R.C. Hobbs, which would see 80 apartment units in four 3-story buildings with a subterranean parking garage (!):






You may recall that this site is just to the north of the railroad tracks from the Merrill Avenue "Brownstones" project between Magnolia and Riverside, across the street from Riverside Plaza. Based on the neighbors' response to that project at the initial outreach meetings and on NextDoor, I don't foresee them loving this one a whole lot either.

 

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Demand is up for Inland office space



Fielding Buck | Press-Enterprise | 17 Mar 2017

[The t]ightening that the Inland Empire has seen in the housing market is now happening in the office market.

Vacancies will dip and rents will inch up in 2017, according to this year’s office vacancy forecast by Marcus & Millichap.

The forecast says the Riverside-San Bernardino metropolitan area saw:

• 270,000 square feet of office space completed in 2016, with 370,000 more coming in 2017.

• Net absorption of 1.1 million square feet in 2016, with 470,000 more in 2017.

• Vacancy rates drop from 14.2 percent to 12.8 percent 2016 and will further drop to 12.5 percent in 2017.

• Asking rent per square foot rise to $21.06 in 2016, with a rise to $21.35 expected in 2017.

• The price per square foot rise to $178 in 2016, with $188 expected in 2017.

It calls properties in Riverside and San Bernardino counties’ larger cities prime targets for buyers.

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$420 million is coming to Riverside County through a transportation bill side deal



Jeff Horseman | Press-Enterprise | 7 Apr 2017

Riverside County will get $420 million for transportation infrastructure projects, and four cities will finally get their vehicle license fee revenue back, thanks to a deal struck with two Democratic lawmakers to get their votes for a massive transportation funding package.

[...]

Two swing votes were in Riverside County, with Sen. Richard Roth, D-Riverside leaning no and Assemblywoman Sabrina Cervantes, D-Riverside, undecided heading into Thursday.

Following closed-door talks and after the Assembly passed SB 1, Roth and Cervantes put out a joint statement announcing a deal.

[...]

In exchange for their ‘yes’ votes, the state agreed to restore VLF funding to Jurupa Valley, Eastvale, Wildomar and Menifee, four fledging cities that lost the money in 2011 after state lawmakers diverted the revenue to pay for law enforcement grants.

[...]

Also, Riverside County is getting $420 million for transportation infrastructure above and beyond what’s being spent on road repairs and maintenance. The projects slated to get funding include:

— $180 million for the 91 Freeway/Interstate 15 North Connector.

— $48 million for the I-15/Limonite interchange.

— $84.45 million for the McKinley Grade Separation project.

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Pechanga tops off its new hotel wing



Fielding Buck | Press-Enterprise | 19 Apr 2017


The Pechanga Band of Luiseno Indians raised an oak tree into the air on Wedneday as tribal leaders shared their raised expectations for their Temecula Valley resort.

Pechanga Resort & Casino is more than halfway through a $285 million expansion that should be completed between Thanksgiving and Christmas, Pechanga Development Corporation president Edith Atwood announced at a topping-off ceremony for a 14-story hotel wing.

“Once this development is completed, Pechanga will be the biggest Native American-owned resort casino on the West Coast,” she said.

Atwood said construction, which began at the end of 2015, created more than 3,000 jobs and the addition of hotel rooms, a new spa, pool complex, convention space and restaurants will generate employment for several hundred people.

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Pechanga breaks ground on $285-million expansion of Temecula resort



Hugo Martin | LA Times | 16 December 2015

The Pechanga Band of Luiseno Indians is betting on a bright future for California's gaming industry by breaking ground Wednesday on a $285-million expansion of its resort and casino in Temecula.

The expansion project, expected to be completed near the end of 2017, will include a 568-room hotel wing, a two-story spa and salon, a fitness center, two restaurants and 67,000 square feet of indoor and outdoor event space.

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Downtown Riverside parking garage may get taller, add offices



Alicia Robinson | Press-Enterprise | 25 May 2017

A two-story parking garage in downtown Riverside will be sold for development, city officials decided.

The City Council decided Tuesday, May 23, to seek offers for the garage on Market Street between University and Mission Inn avenues, with the condition that the buyer would have to maintain at least 297 public parking spaces.

Officials have said the site is underused and it could satisfy a need for office space downtown. The garage could be replaced with a somewhat taller building with several levels of parking underground.

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New RTA express buses to offer rapid rides between Riverside and Corona



Imran Ghori | Press-Enterprise | 13 Jun 2017

New buses set to roll this summer should get riders from Riverside to Corona — one of the region’s most heavily traveled routes — 30 percent faster.

The new express bus service, dubbed RapidLink, will start Aug. 28 and take people from UC Riverside through downtown to the Metrolink station in Corona with fewer stops than regular buses. The Riverside Transit Agency already runs other long-distance commuter buses, but this would be its first along a shorter route with its own distinct bus stops.

It’s one of the agency’s two new programs aimed at easing travel. Next year, it will start a commuter bus line from San Bernardino to Orange County that will use the new 91 Freeway toll lanes through Corona.

The RapidLink line will be the Inland area’s second rapid transit bus route and follows the launch in 2014 of Omnitrans’ sbX line that goes from San Bernardino to Loma Linda.

[...]

The buses will make 14 stops from Riverside to Corona, including popular destinations such as Riverside City College, Riverside Plaza, the Galleria at Tyler and Kaiser Permanente Medical Center in Riverside.

Buses on what’s being called the Gold Line will travel the same route as RTA’s current Route 1 but with fewer stops — shaving the trip time by 30 percent. The 19-mile route is the most heavily-used, with about 7,000 riders a day, agency officials say.

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its nice but tax payer money could have gone to better use elsewhere. libraries are decaying, more information is available on the web, for free.
 

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its nice but tax payer money could have gone to better use elsewhere. libraries are decaying, more information is available on the web, for free.
I'm not sure what planet you live on but in the Bay Area libraries are booming; larger parking lots are needed and the multi-media services are full to capacity. They serve older folks and mothers with small children in the morning and huge rushes of students in the afternoon.

The type of information you get from a library is not found on the internet or is difficult to access. You get more lengthy, thorough discussions and analyses. Plus you get a decent shot at correct information vs. what you get on the internet.
 
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