Palm Springs may be known for its sun-saturated desert plateaus and laidback poolside vibe, but did you know that it’s fast becoming a residential hub for Millennials? According to a recent article in the Hollywood Reporter, this smaller SoCal city is attracting interest from celebrities like Anne Hathaway, Leonardo DiCaprio, and Ryan Gosling and Eva Mendes. In this post, we’ll look at some of the unique regional features that make Palm Springs such a draw for young professionals.
Palm Springs might not be famous as a Millennial paradise, but in March of this year it made Gogobot.com’s list of “The 10 Hippest Mid-Size Cities in America.” Why did Gogobot rank Palm Springs above high-profile hipster strongholds like Minneapolis, Pittsburgh, and Santa Cruz? In a nutshell, just about everything! From food to music to arts to real estate development, Palm Springs is undergoing a renaissance, and its property market is on the upswing.
Palm Springs has some experience with silver-screen attention – in the late 1920s and early 1930s, resorts like the Racquet Club and El Mirador catered to Old Hollywood luminaries who loved the breathtaking landscapes and convenient studio access. Now legendary hotels like the La Quinta Resort and Club are undergoing renovations designed to attract a younger, trendier crowd, including ticketholders and red-carpet regulars at the annual Palm Springs International Film Festival. Sparrows Lodge, Saguaro, and high-tech boutique hotel Arrive have gained the loyalty of stars like Clea DuVall and Lena Headey, whom you may know as “Cersei” from Game of Thrones.
Photo Credit: The Lodge
The city’s Hollywood connection has inspired several legacy estates, from lyrical Villa Serena, commissioned by actor Laurence Hardy, to “The House of Tomorrow,” better known as the honeymoon hideaway of Priscilla and Elvis Presley. Cary Grant, Frank Sinatra, and Kirk Douglas all commissioned striking homes in Palm Springs. These days, a new crop of A-list stars is moving in. Leonardo DiCaprio chose Dinah Shore’s Donald-Wexler-designed home for his Palm Springs hideaway.
Even for buyers on a much more modest budget, Palm Springs offers beautiful houses in a variety of styles, including the midcentury modern homes so characteristic of Southern California. Palm Springs condos are some of the most desirable on the market, combining a wealth of amenities with classic design features. Many condo complexes are located within walking distance of downtown, which makes Palm Springs the perfect home base for Millennials who don’t want to sacrifice access to a vibrant social scene. Private patios and pools make Palm Springs an attractive summer home option.
These days, Palm Springs music festivals that bring audiences from across the country to listen to artists as diverse as Sia and Run the Jewels. The Coachella Valley Music and Arts Festival in neighboring Indio, California draws more than 200,000 fans to the area every year. Newcomer to the scene Splash House combines music festival with pool party, incorporating multiple venues including Hard Rock Palm Springs and Hacienda Cantina & Beach Club. The Palm Springs Racquet Club neighborhood has become a favorite hangout for visiting performers who flock to trendy nightspots like the retro chic Ace Hotel and Swim Club.
From heritage Napa wineries to trendy San Franciscan eateries, California culture is food culture. Palm Springs has never been far from the vibrant culinary offerings available across Southern California, but these days local dining is on the rise, with trendy nightspots like Bar, Tropicale and Bootlegger Tiki capitalizing on the town’s vintage vibe. Cheeky’s and the Workshop Kitchen and Bar both showcase fresh farm-to-table menus, including locally-sourced bacon and fresh-squeezed juices.
Palm Springs also has a thriving arts community, with a focus on progressive architecture and design. Innovative architects Lance O’Donnell and Sean Lockyer have both been inspired by Palm Springs’ desert landscapes. The Uptown Design District hosts boutiques focused on vintage art and design finds, including standouts Modern Way, Dazzles, and Flow Modern Design. Modernism Week, a ten-day fair spotlighting all things midcentury, brings together antiques and fine arts enthusiasts.
Whether you’re looking to escape central Los Angeles for the summer or set up shop in a trendy yet unpretentious arts enclave, Palm Springs has a lot to offer. Always ahead of the trend curve, Millennials have made this city their new SoCal hotspot. You might want to consider shopping around in this gorgeous Hollywood-era getaway.
Are you interested in learning more about the wealth of historic properties in Palm Springs? We recommend working with a real estate agency whose team can steer you to the perfect property listing for your needs. Contact Iconic Properties Palm Springs for a consultation today!