Dream Hotel Project
Sector: Hotel • Location: Palm Springs, California, United States
Source: The Palm Springs Post
The Dream Hotel development near the Palm Springs Convention Center is a mixed-use project originally proposed as a 200-room hotel and 143 residences, now redesigned to 155 hotel rooms and 89 condos and townhomes. The project faces an $80 million cost overrun, prompting a suspension of city plan reviews and a value engineering process to reduce costs to meet the $250 million budget. Construction w
- Status
- Failure
- Sector
- Hotel, Residential
- Location
- Palm Springs, California, United States of America
- Updated
- 22 Jul 2026
- Source
- The Palm Springs Post
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Project Information
Participants
| Not available for this record. |
Status
Original status | delayed |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Dream Hotel development near the Palm Springs Convention Center is a mixed-use project originally proposed as a 200-room hotel and 143 residences, now redesigned to 155 hotel rooms and 89 condos and townhomes. The project faces an $80 million cost overrun, prompting a suspension of city plan reviews and a value engineering process to reduce costs to meet the $250 million budget. Construction was halted due to the pandemic and legal issues but had a ceremonial groundbreaking in December 2024 with an optimistic 2027 opening date. |
Original sector | Development |
Budget |
Location
Country | United States of America (USA) |
State | California |
City | Palm Springs |
Source
Source | The Palm Springs Post |
URL |
More Details
Record type | Project |
Sector | Hotel, Residential |
Article published date | 2025-09-16 |
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