NRI Chandi Group USA and Dr. Prem Salhotra & Sons Invest $70 Million in Indio, CA

Indio, California, Sep. 19, 2012
Gary Singh

Nachhattar Chandi, who runs Chandi Group USA, based in the Coachella Valley north of Imperial County, owns and operates 10 ARCO-AM/PM gas stations, car washes, and fast food franchises such as Subway, and Del Taco and his partner Dr. Prem Salhotra had closed escrow to invest over 70 million in the Indio City. The total annual turnover of the Chandi Group USA is well over $300 million.

According to Chris Escobedo of City of Indio's report, Chandi Group USA had closed escrow on two properties in the city:

• One is new commercial investment and private job creation in Indio. Construction plans are being prepared for the development of the multi-million dollar mixed use commercial area located at the intersection of Jefferson Street and Avenue 42, otherwise known as Northgate. Northgate is an approved mixed-use development located at the northerly gateway entrance to the city and will consist of approximately 363,000 square feet of commercial, retail, financial institution, office space, high-end hotel, and residential units. The Chandi Group USA plans to soon begin construction on phase 1 of this project.
• Second is Northgate Arco AM/PM gas station/convenience store will feature a new technology in car washing. According to the Chandi Group, the car wash can handle 7 cars at a time and will feature promotional car washes for $5. The site will be built on approximately 2.2 acres and will begin construction in about 30 days. The Jackson Street and Avenue 42 ARCO AM/PM location will be built on 1.35 acres (approximately 58,356 sq. ft.) and it will feature a car wash and convenience store; construction will begin next week.Additionally, the Group will be building an Arco AM/PM at the Northeast corner of Jackson and Avenue 42 adjacent to the new Auto Zone.

Nachhattar Chandi, President & CEO of the Chandi Group USA said:

• I look forward to working with city officials to bring these projects online and thank them for all of their support
• Indio’s business friendly climate is essential for a dream project such as this multi-million dollar development. By investing over $70 million on these commercial projects, we are positioned for success. We plan on creating new jobs, enhancing the services available to the community, and strengthening the local economic base

Indio’s Mayor, Glenn Miller said:

• This is a win-win scenario for everyone; people are sensing the resurgence of Indio’s economic engine and we are ready to work with them to create jobs, move ahead with new projects, and stimulate new investment into our community
• City Manager, Dan Martinez has assembled the city’s fast track development resources to assist the Chandi Group USA

Joyce Donaldson, President/CEO Indio Chamber of Commerce said:

• The Indio Chamber is thrilled that the highly respected Chandi Group USA is continuing to grow their business in Indio. Creating jobs, adding new store fronts and additional opportunities for residents to shop local is an extremely positive sign for us. The City of Indio is demonstrating their pro-business friendly attitude and it is evident in the addition of the multitude of new developments locating in our community
• Enticing large corporations such as Chandi Group USA to remain and steadily invest in the City is commendable