The $8.8 million sale of Shadow Ranch West — a 101-acre parcel in Indio, CA that is zoned for mixed-use development — by Douglas Wilson Companies’ (DWC) brokerage division, was recently featured in REBUSINESS ONLINE.
Click on the following link to read the article online: BH PROPERTIES BUYS LAND IN INDIO FOR $8.8M.
The transaction is the second large land sale in Indio recently completed by DWC’s brokerage division. In October 2012, DWC’s brokerage team sold Shadow Ranch East, a 65-acre parcel, to Walmart. Walmart is presently building a Supercenter on the property, with an anticipated opening in 2015.
As a leading mobility advocate, Circulate San Diego will be hosting a frank discussion about how the development community can overcome the challenges associated with adding density in existing neighborhoods.
The discussion – which features a diverse panel of land use experts – will explore what policies and/or incentives are needed to streamline the entitlement process and make high-quality TOD projects financially feasible.
- Bill Anderson, AECOM
- Dena Belzer, Strategic Economics
- Stuart Chohen, TransForm
- Ginger Hitzke, Hitzke Development
- Daniel Iacofano, MIG
- Jim Schmid, Chelsea Investment Corporation
- Douglas Wilson, Douglas Wilson Companies
Douglas Wilson, Chairman & CEO of Douglas Wilson Companies (DWC), was a featured panelist at the San Diego/Tijuana Chapter of the Urban Land Institute’s (ULI) June breakfast. The breakfast, titled “How to Prepare and Thrive in the Next Downturn,” explored how succeed in real estate during good times and continue to profit in the down markets
The well attended event was the focus of two articles — one by Roger Showley of U~T San Diego and the other by Samantha Henry of the Transcript.
Read the Showley article on the U~T’s website: DEVELOPERS: THE END IS NIGH, PREPARE FOR NEXT DOWNTURN.
Read the Henry article on the Transcript’s website: Some local real estate professionals find opportunity outside SD.