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Friday, May 3, 2024

Cathedral City’s Economy Continues to Grow

The second project expands the footprint of Campanile, which began in 2006 but stalled when the real estate market plummeted. At the time, 150 homes were built. Now Santa Clarita-headquartered Williams Homes is building an additional 144 houses in a range of six floorplans. On vacant land immediately east of Campanile, Desert Housing Ventures of Newport Beach plans to break ground before the end of the year on Mountain View Estates, comprising 110 single-family homes, each of which will have an accessory dwelling unit with its own garage.

Amid the wave of downtown vitality, Cathedral Cove Center, encompassing 13 acres at East Palm Canyon and Date Palm drives, gained momentum in June when Fountainhead Development of Newport Beach purchased the 5 acres designated commercial (potential uses on the remaining 8 acres includes residential, hotel, or special use commercial). On the east end…

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