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Dream Hotel developers file new plans for long-delayed Palm Springs project

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The Dream is still alive in Palm Springs.

A far-cry from becoming reality though, the $200 million Dream Hotel project has become an eyesore with work stalled since 2019. An underground parking structure has been completed so far.

"We've had to deal with several ups and downs since we've started this project," said developer Lauri Kibby.

Construction remains halted at the long-delayed project on Amado Road across from the Palm Springs Convention Center – but new plans are now awaiting approval at city hall swapping a conference center for luxury condos.

The design changes are expected to go before the planning commission this fall before they head to city council for approval.

Kibby said despite delays, the Dream remains fully funded.

"For the people who don't think it's gonna happen, I would say we're very committed to doing it," she said.

With golden jackhammers, city leaders and developers broke ground on the Dream in November 2017.

In early 2020, Kibby went before city council asking for an extension on strict deadlines that had not been met as legal and financial issues paused construction. A contractor reportedly failed to pay 16 of its subcontractors.

Today, developers remain in mediation with one of them.

Deputy City Manager Flinn Fagg said developers were put on notice last year for lack of progress in construction. Right now, the city is anticipating completion and opening of the hotel in 2025.

"This has been a project of concern," Fagg said.

Legal action from the city remains on the table if the Dream doesn't materialize soon, he said.

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Jake Ingrassia

Joining News Channel 3 and CBS Local 2 as a reporter, Jake is excited to be launching his broadcasting career here in the desert. Learn more about Jake here.

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