Mike Lee 2016-07-21 05:32:46
Moreno Valley, CA - The City of Moreno Valley recently approved a dynamic new mixeduse hospitality and commercial center. Known as The Quarter, the project will develop a commercial center on 8.5 acres at the northeast corner of Day Street and Eucalyptus Avenue. The center features development of two hotels: a 4-story, 112-suite Residence Inn by Marriott and a 4-story, 104 guest room Holiday Inn Express by Intercontinental Hotel Group. Both hotel lines are highly sought after for their quality designs and furnishings. The master planned project also includes a service station with convenience store, and a multiple tenant retail building with exciting restaurant tenants soon to be announced. Designed with a modern aesthetic to blend with the surrounding centers, and ideally situated to serve both local and regional consumers, this strategic location will attract regional vacationers, healthcare and corporate travelers coming to Moreno Valley, March Air Reserve Base, March Inland Port Airport, Perris, and eastern neighborhoods of Riverside. Proximity to the Moreno Valley Mall, major retail anchors such as Costco and Lowe’s, strong demographics and economic growth, as well as the pro-business environment are attributes corporate executives from Marriott and IHG look for, and why Moreno Valley was selected for their expansion. Construction is expected to start Fall of 2016. Residence Inn and Holiday Inn Express will be joining a list of national retailers that have recently opened businesses in Moreno Valley including: Aldi Foods, Massage Envy, Menchie’s Frozen Yogurt, Rally’s Burger, PizaCode, Charley’s Philly Steak, Les Schwab Tires, Napa Auto Parts, Kumon Math and Reading Center, and Tilted Kilt Restaurant. Moreno Valley has been one of the fastest growing cities in California for past 10 years and The Quarter supports the anticipated 7. 7% growth within the 7-minute drive time trade area. More information about Moreno Valley business opportunities can be found at the City’s website: www.moval.org/commercial. The City is dedicated to working with businesses to make their desired Moreno Valley location a reality. Contact us to learn more: by phone at 951-413-3460 or by email at EDTeam@moval.org.
Published by Moreno Valley Business Journal. View All Articles.