The Oak View Group, a sports and commercial real estate business, will manage the Palm Springs Convention Center and Bureau of Tourism. The city council voted July 21 to put the Denver-based company in charge of both entities, each of which is a major player in the city’s economy, according …
Read More »Menifee approves its largest budget ever
Menifee recently adopted the largest budget in its 17-year history. The city in southwest Riverside County will operate with a budget of $129 million during the 2025/26 fiscal year, which began July 1, and a $134 million budget in fiscal year 2026/2027, according to a statement on the city’s website. …
Read More »State funds will help Moreno Valley pay for interchange project
Moreno Valley has received a $25.3 million state grant that will help pay for the 60 Freeway/World Logistics Center Parkway Interchange Improvement Project. Funds from the Trade Corridor Enhancement Program are part of a larger effort throughout Southern California meant to enhance safety, relieve congestion, and reduce travel time, according to …
Read More »Cathedral City retail properties sold
Two retail properties in Cathedral City that will be occupied by a Circle K and a Starbucks have been sold for $8 million. The parcels in Cathedral Cove Center were sold in separate transactions to private investors who wished to remain anonymous, according to Hanley Investment Group Real Estate Advisors …
Read More »Palm Springs to assist businesses damaged in spring attacks
Palm Springs is looking to help businesses owners whose establishments were damaged in the May 17 terrorist attacks. The city has created the Palm Springs Recovery Fund, a $50,000 reserve that will help those businesses rebuild and recover financially, according to a statement on the city’s website. “The Palm Springs …
Read More »San Bernardino County wins national awards
For the third consecutive year, San Bernardino County claimed the most national awards presented by the National Association of Counties. The largest geographic county in the United States won 257 awards in June, topping the record 200 awards it won last year, according to a statement on the county’s website. …
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IE Business Daily Business news for the Inland Empire.