JLL LA‘s Tom Turley was featured on GlobeSt.com, RENTV and in the San Bernardino County Sun sharing his thoughts on Arrowhead Springs, one of the best development opportunities in Southern California. The property was also was featured in the Wall Street Journal.
Tom Turley, Managing Director explains how this unique property offers an extraordinary opportunity for development with planned 1,350 new residential units, planned 808,600 s.f. of new commercial construction and planned 808,600 s.f. of recreation construction:
“The amount of interest we’re receiving from developers and investors alike is remarkable. They see the potential and are scrambling to get in on the ground floor,” said Turley. “Not only does this site have an amazing history and offer a prime location, it also features available infrastructure and unparalleled amenities, including the natural resources of mountain spring water, natural hot springs and 1,400 acres set aside as protected watershed and nature reserve.”
Arrowhead Springs is located in the heart of Southern California known as the Inland Empire, which is within a two-hour drive of over 20 million Southern Californian residents.
Arrowhead Springs, situated on 1,916 acres at a temperate elevation of between 1,500-3,400 feet, is easily accessible via major freeways throughout Southern California. The site is surrounded on three sides by the San Bernardino National Forest and shares a major access route to the popular mountain resorts of Lake Arrowhead, Big Bear and Crestline.
The unique property boasts a spectacular view of the San Bernardino Valley as well as the Inland Empire, and includes the natural resources of mountain spring water and natural hot springs.
The current entitlements include a fully-certified Specific Plan and Environmental Impact Report (EIR) that includes a state-of the art mixed use sustainable development integrating residential communities with a variety of different product types, including retail and office uses as well as exceptional resort facilities and recreational opportunities.
Wall Street Journal: Plots & Ploys
GlobeSt.com: Celebrity Hot Spot Resort on the Market
San Bernardino County Sun: Owner of Arrowhead Springs Hotel in San Bernardino looking to sell