The development site occupies the southeast and southwestcorners of 58th and Madison in La Quinta, with approximately fiveacres on the southeast corner and eight acres on the southwest. Thefirst phase will take shape on the five-acre portion of the site,with construction on the 70,000-sf second phase most likely tobegin about a year later, Marino tells GlobeSt.com.

"The schedule on the second phase depends mainly on the grocerystore, but right now it looks like about a year after the firstphase," Marino comments. He has enlisted Nadel architects to createa design that he says will evoke the Andalusia regon in SouthCentral Spain.

Although no tenants have signed yet, Marino says thatprospective tenants have shown "lots of interest" in both phases ofthe development. Tenants who are looking at the property includedrugstores, banks, coffee chains, supermarkets and others.