In 2002, La Quinta’s Redevelopment Agency (RDA) purchased 525 acres of land tucked against the Santa Rosa Mountains with a vision for a destination resort that would create hundreds of jobs while boosting tourism and generating tax revenues for the City’s general fund.

The vision was for a tournament-level golf course and park for residents to enjoy while providing a luxurious vacation experience for visitors while soaking in unmatched mountain views.

On Valentine’s Day 2005, the 18-hole Arnold Palmer-designed public golf course opened and for three years was a home course for the Bob Hope Classic.

SilverRock is also home to the City’s newest park and event venue sprawling 14 acres near the entrance.

Initially called SilverRock Resort, the project was delayed a few years by the Great Recession and the State’s disbanding of redevelopment agencies in 2012.

In 2014, the City entered into a purchase, sale and development agreement with the SilverRock Development Company (SDC) headed by Southern California developer Robert Green, who ultimately rebranded it under the name Talus La Quinta. 

In 2017, Montage International announced that it had signed on as operator of the resort’s two luxury hotels by bringing the Montage and Pendry to the Coachella Valley for the first time.

Mass grading and infrastructure work were impacted in 2020 by the pandemic which drove up labor and materials costs and interest rates.

On August 5, 2024, after numerous delays that put the developer in breach of contract with the City, SDC filed a petition for Chapter 11 bankruptcy freezing all activity including plans for a new developer to take over the project.

The City Manager and City Attorney provide regular updates about the case at Council meetings and those updates will be posted on this website as well.

The City remains committed to its vision to bring a world-class resort to La Quinta and is working to ensure construction resumes with a new developer as soon as the court allows.

On Tuesday, February 3, 2026, a representative of the new owner/developer of the SilverRock Resort provided a project update including when new construction might start, while City Attorney Bill Ihrke gave a brief status report on the bankruptcy case.

TBE RE Acquisition Co. II LLC (TBE), a subsidiary of Turnbridge Equities, bought the 130 +/- acres of SilverRock, formerly known as Talus, through an open bidding process.

Previous owner/developer SilverRock Development Company and its affiliates (collectively, SDC or debtors) filed for Chapter 11 bankruptcy in a Delaware court on August 5, 2024, after falling into default with the City.

The sale to TBE, the highest bidder of the project at $65 million, was approved by the bankruptcy court in October and Escrow closed December 9.

In early January, TBE had a group of engineers and specialists on site testing and inspecting the existing, partially constructed structures to see what can and cannot be preserved and used going forward, Michael Gazzano, managing director for Turnbridge Equities overseeing the West Coast, said.

“All of the testing inspections have been completed, and materials were sent to labs. We will be getting the results back, but preliminary findings … were all very positive,” Gazzano said.

Final testing results will be shared with City staff once they are received from the labs, Gazzano said.

A consulting team of designers, architects and planners is currently being assembled, he said. TBE’s development plans, which were approved by Council in September, include:

• One luxury hotel with approximately 154 guest rooms.
• 55,000-square-foot banquet/shared use facilities.
• 445 residences to include 29 branded residences north of the hotel with a private clubhouse, 70 condos and 293 homes east of the hotel, which can be short-term vacation rentals from which the City would receive TOT.
• 40,000-square-foot commercial area.
• 17,000 square-foot public golf clubhouse which will be moved closer to the entrance off of Avenue 52 and other public amenities for easier public access.
• 20,000-square-foot residential amenities building.

“We will not be starting (any new) construction any time this year,” Gazzano said, though people may see construction teams at the site completing framing on existing structures TBE plans to keep.

Gazzano expects to submit design plans to the City by the end of 2026 with new construction expected to begin as early as summer 2027.

Asked by Council when preliminary renderings might be presented, Gazzano said probably the end of this year.

“If there is something conceptual that we can share sooner, we will,” he said.

Gazzano said he will provide regular updates at Council meetings and shared his email address for anyone with questions or comments, MG@Turnbridgeeq.com. 

Meanwhile, though the court approved the property sale to TBE and escrow has closed, the bankruptcy case continues with ongoing mediation hearings on the debtors’ allocation and distribution of the net proceeds from the sale, Ihrke said.

Hear the reports by Ihrke and Gazzano on the Council meeting video at www.laquintaca.gov/pastmeetings.

The website, www.laquintaca.gov/taluslq, provides a timeline of the project from the beginning to now and previous updates by Ihrke and McMillen.

2002

The City’s Redevelopment Agency (RDA) purchased 525 acres of vacant land off of Avenue 52, adjacent to Tradition, for $42.6 million using tax-exempt bonds with a vision for a world-class luxury resort with two 18-hole golf courses, hotel, spa, retail and other amenities.

2005

The first of the two planned golf courses opened on Valentine’s Day 2005 with golf legend Arnold Palmer, whose company designed the course, the first to tee off. A second course is planned with resort development.

2007

The City entered into an agreement with Lowe Destination Development to develop the resort. SilverRock plans were tabled, however, when the Great Recession hit.

2012

California’s lawmakers voted to dismantle RDAs statewide, costing the City of La Quinta $41 million upfront out of its reserves and millions more per year in property tax revenues that officials counted on for citywide capital improvement projects. The City initially planned to use redevelopment funds to build SilverRock’s infrastructure and sell the pads for development. No longer fiscally able to contribute to the build-out, the city needed to find a developer that could finance the entire project in excess of $400 million.

2014

On November 4, the City Council approved a Property, Sale and Development Agreement (PSDA) Meriwether/Robert Green Co., which together formed SDC, to develop the resort. Unable to secure capital for its end of the project, Meriwether pulled out about a year later and the PSDA was amended to show that Green was now the lead developer.

2017

On March 2, luxury hotel company Montage International announced that it had signed on as operator of the two SilverRock Resort hotels, bringing its Montage and Pendry brands to the Coachella Valley for the first time.

On April 18, the City Council approved Amendment No. 3 to the PSDA  that outlined a timeline for which ownership of all but 35 acres of the 525-acre SilverRock land would be deeded to SDC, including the existing 18-hole golf course and Ahmanson Ranch House.  Land transfers would occur in stages as development milestones were achieved. To date, roughly 130 acres have been deeded to SDC, and the City continues to own about 400 acres.

On May 1, Montage hosted a groundbreaking ceremony marking the start of development, beginning with the realignment of the golf course to accommodate the Montage hotel.

2018

On October 31, SilverRock developer Robert Green announced that he had secured a $212 million construction loan from Mosaic Real Estate Investors providing the capital for the installation of master site infrastructure and the build-out of the Montage and Pendry hotels, the conference and shared services building, new golf clubhouse and first phase of branded residential units for the hotels.

On November 6, the City Council approved an amendment to the PSDA to reflect a new timeline for construction that would see the hotels built simultaneously and open in late 2020. Mass grading of the site and infrastructure work began soon after.

2020

In March, construction was halted as a result of the COVID-19 pandemic which drove up costs and interest rates and brought a shortage of workers.

2021

Following several delays and extensions granted to SDC to get the project underway, on April 7, the City issued SDC a letter of default, giving Green 30 days to complete a series of steps, including bringing to the City Council a financing commitment that would allow construction to begin.

On April 17, the City held a ribbon-cutting ceremony for the newly constructed 14-acre SilverRock Park and events center with an amphitheater, walking path, water fountain and stream, and 2,800-square-foot modular building that can be used for meetings and events, restrooms and more, including an art walk that will soon be completed.

On April 20, a study session was held and Green told the City Council that hospitality investments had stalled during the COVID-19 pandemic. The pandemic also brought a rise in the cost for construction materials and a reduction in labor availability. Green stated he now had the capital resources to move forward and he remained fully committed to the project.

On October 5, an amended agreement between the City and SDC was approved by the Council and included new completion dates for the hotels with the Montage scheduled to open by September 30, 2023, and the Pendry by July 31, 2024. The new golf clubhouse was slated to open by November 1, 2022.

On October 19, Green received unanimous Council approval for his plan to rebrand SilverRock, starting with a name change to Talus La Quinta.

2022

Green and his team made monthly reports to the Council that showed construction was underway with the framing of Montage hotel rooms and other buildings in progress, including the new golf clubhouse. In the fall, commercial construction stopped while the Montage-branded residential and guest rooms continued slowly.

2023

Green and his team returned in January and February with progress reports to the Council, then construction slowed down and was ultimately paused while Green worked to secure project financing at a lower interest rate. While Green wasn’t appearing before the Council regularly, he and the City Manager were in constant contact.

On October 17, Council members approved Amendment No. 5 of the PSDA, paving the way for recapitalization loans to close and construction of the hotels to resume. A new timeline set the completion dates for the two hotels at March 2025 for the Montage and December 2026 for the Pendry. The new golf clubhouse was to be completed in November 2024.

2024

On May 24, the City entered into a Memorandum of Understanding and Agreement (MOU) with SDC that spelled out the next steps should SDC fail to meet the June 30, 2024, deadline to close escrow on recapitalization loans and cure all defaults that would restart the development of Talus La Quinta.

On July 1, after missing the deadline to close on recapitalization loans, the City issued SDC a Notice of Default giving the company until July 30, 2024, to close on a recapitalization loan. CMG notified the City that it was exercising its right to proceed and pay off SDC’s debts on or before July 30, 2024.

In July, the City began legal action against SDC, The Robert Green Company and other named defendants relating to actions taken that violated the PSDA and the MOU.

On August 2, the City of La Quinta announced that SDC was in total breach of the PSDA for the Talus La Quinta, having missed the deadline to close on Recapitalization Loans, as outlined in Amendment No. 5 and reiterated in the MOU, and no longer had rights as “Developer.”

August 5: SDC and its affiliates petitioned for Chapter 11 protection in a U.S. Bankruptcy Court in Delaware, which automatically placed a hold on active lawsuits and the City’s plan to move forward with a new developer.

October 1: In an update presented during the City Council meeting, City Manager Jon McMillen said that he is in constant contact with Montage International’s president and COO, and that the company remains committed to the project.

Montage Hotel and Spa 

• Luxury hotel of 134 keys across thirty-four guestroom buildings; project includes spa, fitness center, and aquatic center

Montage Residences

• Twenty-nine single-family luxury homes integrated into the infrastructure of the Montage Hotel and Spa

Overall Conference Center 

• Includes the Shared Services, Conference Center, and Meeting Center buildings and operations for Talus

Golf Clubhouse

• Future golf clubhouse to serve athletes of Talus

Pendry Hotel 

• Lifestyle hotel of 200 keys across ten guestroom buildings; project includes fitness center, pools, a lazy river, and a paintbox

Pendry Residences 

• Approximately fifty-five lifestyle homes across eleven buildings integrated into the infrastructure of the Pendry Hotel; project includes a Pendry Clubhouse