Chandi Group Usa Breaks Ground On A $10.1 Million Restaurant And Fuel Station Complex In Coachella
COACHELLA, Calif., Sept. 24, 2015 — Chandi Group USA plans to break ground today on a $10.1 million restaurant and fuel station complex that will create more than 175 jobs during the next year.
The Coachella Gateway project, to be built on a 4.85-acre site on the southwest corner of Grapefruit Boulevard and 48th Avenue, will include a new ARCO AM-PM with a tunnel carwash as well as Burger King and Subway restaurants. A nationally recognized family restaurant will also be built on the site.
Coachella Gateway will retain 14 existing jobs and create 51 additional full-time permanent positions for managers, chefs and kitchen staff, cashiers, greeters and servers and maintenance personnel. An additional 125 temporary construction jobs will also be created.
“This project will help revitalize commercial activity at one of Coachella’s key gateways and potentially act as a catalyst for further development in that immediate area,” said Mark Weber, Coachella’s economic development manager, adding that a groundbreaking ceremony will take place on the project site at 11 a.m. today.
The Coachella Gateway project was made possible after the City of Coachella agreed to share a portion of the sales tax revenues generated by the new businesses with Chandi Group USA, which does business through GSC & Sons Corp.
Under the terms of the agreement, Coachella will share 50 percent of the sales tax revenue generated by the ARCO AM PM that exceeds $160,000. It is estimated that Chandi Group USA would receive between $10,000 and $25,000 per year for the next 4.5 years. However, the city will retain all sales proceeds for the other new businesses that are created onsite.
“The agreement is predicated on the whole site being developed in one single phase,” Weber said.
For more information, please visit www.coachella.org.