LOS ANGELES-Locally based Malcolm Riley & Associates, along with partner Carver Companies, has announced plans to build a 70-acre retail complex in the City of Palm Desert. The partnership, Riley/Carver LLC, will develop the 700,000-sf complex at the corner of Monterey Avenue and Interstate 10 Freeway at Dinah Shore Drive.

The project, known as Desert Gateway Shopping Center, will be anchored by a 153,000-sf Sam’s Club and a 148,759-sf Wal-Mart. The Wal-Mart will include 74,702 sf of supermarket space. In addition to the two anchor tenants, the complex will feature 350,000 sf of additional retail stores and restaurants. A CB Richard Ellis team of Maggie Montez and Brent Howell is responsible for the project’s marketing and leasing.

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