Budget and Impact of TOTTourism in Palm SpringsConvention CenterAttractionsEventsHotels – New and ExistingPS International AirportDowntown/UptownDowntown ProjectPalomar HotelUnique FeaturesArchitecture/HistoryIndian Land ImpactsEconomic DevelopmentCViHub/AcceleratorChanges/Challenges
PopRank Metropolitan Area Year-round Seasonal1 New York2 Los Angeles Y3 Chicago Y4 Washington/Baltimore5 San Francisco Y6 Philadelphia7 Boston8 Detroit9 Dallas/Fort Worth Y10 Houston Y11 Atlanta Y12 Miami/Ft Lauderdale13 Seattle Y14 Phoenix Y15 Minneapolis YPSP Service
Downtown’s street-level door front vacancy ratehas dropped from 10% last year to 7.5%.For the first time in over 5 years the TahquitzCanyon corridor between Indian and PalmCanyon Drive has maintained 95% occupancyfor over 8 months.
Uptown Pioneer Trina Turkexpanded her flagship store inPalm Springs and celebrated anational partnership withBanana Republic whichfostered national recognitionnationwide touting “PalmSprings Style”.
With an astounding 90% participation rate among itsmerchant base, the Uptown District undertook its thirdyear of managing its own branding with a brochure,billboard and Airport advertising campaigns whichhave solidified this area as the “chic” retro retail area,and garnered worldwide press.
• 13 Businesses Currently inProgram• 3 Clients Chosen to Presentat “World’s Best Tech”Conference• Recognized as Best PracticesiHub by State, Co-AuthoredCalifornia iHub Plan• Partnering with NationalRenewable Energy Lab inGolden, CO for Tech Transfer
Phase 1 - AcceleratorCampus to open with 4companies in April, 2013(13,000 square feet)Phase 2 - Accelerator inPlanning/FundraisingStage (40,000 squarefeet)CViHub Accelerator“Investment Grade” Start-Ups2012Heppolt LLC
John S. RaymondDirector of Community & Economic DevelopmentCity of Palm Springsoffice phone: 760.323.8228cell phone: 760.902.1903e-mail: John.Raymond@palmspringsca.gov