SilverRock La Quinta Has a New Owner and a New Plan. Will It Finally Get Built?
What is happening with the SilverRock resort project in La Quinta?
SilverRock, the long-stalled La Quinta luxury resort development formerly known as Talus, has a new owner and an approved, scaled-back development plan. Turnbridge Equities acquired the roughly 134-acre private development site for $65 million in a bankruptcy sale that closed December 9, 2025, and says new construction could begin as early as summer 2027. (La Quinta)
Will it actually happen this time?
My answer, after watching this project go through more lives than seems reasonable for one piece of desert real estate, is pretty simple:
I’ll believe it when I see it.
That’s not meant to dismiss the latest progress. In fact, there are some meaningful reasons to take this version of SilverRock seriously. There’s a new owner, an approved master plan, a completed bankruptcy sale, engineers evaluating the existing structures and a developer publicly discussing a construction timeline.
Those are all good things.
But if you’ve lived in La Quinta or followed desert real estate for any length of time, you’ve heard versions of “SilverRock is moving forward” before.
So perhaps a little healthy skepticism is warranted.
Here’s where things actually stand.
SilverRock at a Glance
| SilverRock Project | Current Plan/Status |
|---|---|
| New developer | Turnbridge Equities affiliate TBE RE Acquisition Co. II LLC |
| Private development site | Approximately 134 acres |
| Purchase price | $65 million |
| Sale closed | December 9, 2025 |
| Luxury hotel | Approximately 154 rooms |
| Residences | 445 |
| Banquet/shared-use space | 55,000 sq. ft. |
| Commercial space | 40,000 sq. ft. |
| New public golf clubhouse | 17,000 sq. ft. |
| Residential amenities building | 20,000 sq. ft. |
| New construction target | As early as summer 2027 |
| Hotel brand | Not yet publicly announced |
The City of La Quinta approved Turnbridge’s revised plan in September 2025. Importantly, the City’s official project page lists the SilverRock project status as “Approved.” (La Quinta)
Approved, however, is not the same thing as built.
More on that in a minute.
First, What Happened to Talus?
For anyone joining this saga midway through the series, a little background is probably necessary.
SilverRock originally began as an ambitious resort development built around the City’s Arnold Palmer-designed public golf course.
In 2017, Montage International announced plans to operate two luxury hotels at the property, a Montage and a Pendry, along with branded residences and other amenities. (La Quinta)
The development was later renamed Talus.
Then came delays.
And more delays.
Construction costs increased. Interest rates rose. Deadlines were missed. Disputes followed. The developer fell into default with the City.
By August 2024, SilverRock Development Company and affiliated entities had filed for Chapter 11 bankruptcy protection in Delaware, freezing activity at the project. (La Quinta)
If you’ve driven by the property over the past few years, you know what that looked like in practical terms.
Half-built structures.
Construction fencing.
Lots of questions.
Not much resembling a finished luxury resort.
The City has now gone back to calling the development SilverRock, which seems sensible.
Talus accumulated a bit more baggage than one generally wants from a luxury resort brand.
Who Bought SilverRock?
TBE RE Acquisition Co. II LLC, an affiliate of Turnbridge Equities, purchased the private SilverRock development site for $65 million through the bankruptcy process. The bankruptcy court authorized the sale in October 2025, and escrow closed December 9, 2025. (La Quinta)
That’s an important distinction from some of the previous SilverRock announcements.
This isn’t simply another proposed investor or financing arrangement.
The sale closed.
Turnbridge now controls the private development property.
The City describes the site as approximately 134 acres, although some City updates round the parcel to roughly 130 acres. (La Quinta)
And here’s another distinction worth making:
Turnbridge did not buy the City’s SilverRock golf course.
The Arnold Palmer-designed golf course remains a public golf facility associated with the City of La Quinta.
What Is Turnbridge Planning to Build at SilverRock?
The approved 2025 SilverRock master plan calls for one approximately 154-room luxury hotel, 445 residences, 55,000 square feet of banquet and shared-use space, 40,000 square feet of commercial space, a new 17,000-square-foot public golf clubhouse and a 20,000-square-foot residential amenities building. (La Quinta)
That’s considerably different from the previous Talus plan.
The biggest change is the hotel component.
Instead of trying to build two luxury hotels, the new plan calls for one.
I actually think that’s one of the more encouraging parts of the reset.
Sometimes “bigger” is just another word for “harder to finance and finish.”
The current plan looks like this:
| Component | Approved SilverRock Plan |
|---|---|
| Luxury hotel | 154 rooms |
| Total residences | 445 |
| Branded residences | 29 |
| Condominiums | 70 |
| Additional homes | 293 |
| Banquet/shared-use facilities | 55,000 sq. ft. |
| Commercial area | 40,000 sq. ft. |
| Public golf clubhouse | 17,000 sq. ft. |
| Residential amenities building | 20,000 sq. ft. |
City materials say the 29 branded residences would be located north of the hotel with a private clubhouse. The approved plan also includes 70 condominiums and 293 homes east of the hotel, with provisions allowing those units to participate in a short-term vacation rental program from which the City could receive transient occupancy tax revenue. (La Quinta)
You’ll notice those detailed residential categories don’t add up to the full 445-unit entitlement. That’s why I would use the City’s 445 total residences as the headline number rather than trying to invent an explanation for the balance. The City’s official planning page confirms 445 as the approved total. (La Quinta)
What Happened to Montage and Pendry?
The current approved SilverRock plan no longer calls for the previous two-hotel Montage and Pendry development. It calls for one luxury hotel with approximately 154 rooms, and a new hotel brand has not yet been publicly announced. (La Quinta)
This is probably one of the first questions people will ask.
For years, Montage and Pendry were the names associated with the project.
The old concept included a 134-room Montage hotel and spa, 29 Montage residences, a 200-room Pendry hotel and approximately 55 Pendry residences. (La Quinta)
That’s not the plan anymore.
The revised development is smaller and, presumably, intended to be more achievable.
As of now, we don’t have a publicly announced flag for the new hotel.
So if you see someone advertising future “Montage homes at SilverRock” based on the old plans, I’d put the credit card away.
We aren’t there.
What Is Actually Happening at SilverRock Right Now?
As of 2026, Turnbridge is primarily doing engineering, preservation, design and infrastructure work rather than restarting major new vertical construction. The developer has tested the partially completed structures, is protecting portions that may be reused and is working with Imperial Irrigation District on electrical infrastructure. (La Quinta)
This is where it’s important to distinguish activity from construction restarting.
Yes, things are happening.
No, a 154-room luxury hotel is not currently rising out of the ground.
In January, Turnbridge brought engineers and specialists to the site to inspect the partially constructed buildings.
They didn’t simply walk around, kick a few columns and declare everything fine.
Core samples were taken and sent to laboratories.
By June, Turnbridge managing director Michael Gazzano told the City Council that the results showed significant structural integrity in the existing buildings. The developer also said protective measures, including tarping, would be installed to help preserve usable structures, and a dust suppressant had been applied to the site. (La Quinta)
That’s encouraging.
Particularly because demolishing absolutely everything and starting over would presumably add considerable time and money.
Are the Existing Talus Buildings Going to Be Used?
Some may be, but not all. Turnbridge has been evaluating which partially completed structures can safely be incorporated into the new development, while previously approved City materials indicate that many of the old partially built structures will be demolished. (La Quinta)
This is one of those details where I’d resist making a definitive statement until final plans are submitted.
The testing has apparently produced encouraging results.
That doesn’t mean every half-finished structure you see today will become part of the new SilverRock.
Think of 2026 as the year of figuring out what they inherited.
Not the year of checking into the hotel.
What About Power and Infrastructure?
Turnbridge has also been working with the Imperial Irrigation District to make sure the development will have the electrical capacity it needs when completed. (La Quinta)
That may not be the sexiest part of a luxury resort announcement.
No one has ever said, “Forget the spa, tell me more about the electrical infrastructure.”
But it’s exactly the sort of practical issue that matters if you’re trying to turn an approved rendering into an operating hotel, hundreds of homes, restaurants and commercial space.
The City itself has identified IID power capacity and electrical infrastructure as an ongoing development issue, including the need for upgrades and long-lead-time equipment. (La Quinta)
So I actually find this part of the current work more meaningful than another glamorous rendering.
Infrastructure isn’t glamorous.
It is, however, difficult to open a hotel without electricity.
When Will Construction Start at SilverRock?
Is SilverRock under construction now?
Not in the sense most people mean by “construction.” Turnbridge told the City in February that it did not expect to begin new construction during 2026 and was targeting the submission of design plans by the end of this year, with new construction potentially beginning as early as summer 2027. (La Quinta)
That’s the date I’d put on the calendar.
With a pencil.
The current publicly stated timeline is:
| Milestone | Status/Target |
|---|---|
| City approves revised development plan | September 2025, completed |
| Bankruptcy court authorizes sale | October 2025, completed |
| Sale closes | December 9, 2025, completed |
| Existing structure testing | 2026, completed/ongoing evaluation |
| Design and engineering | 2026, underway |
| Design plans submitted | Targeted by end of 2026 |
| New vertical construction | As early as summer 2027 |
| Initial completion targets | Around 2029 under reported development schedule |
The City source is particularly clear on one point: Turnbridge said it would not begin new construction in 2026. (La Quinta)
That’s worth remembering if you see activity on or around the site.
Activity doesn’t necessarily mean the resort build has restarted.
Will SilverRock Be Finished in 2029?
Around 2029 has been identified as a target for early project completions, but it should be treated as a development goal rather than a guaranteed opening date. Turnbridge’s City-reported timeline currently puts new construction no earlier than summer 2027. (La Quinta)
This is where my “I’ll believe it when I see it” rule becomes particularly useful.
A 2029 target is meaningful.
It’s not a reservation confirmation.
Large resort developments have an impressive number of opportunities to encounter delays. Financing, utilities, permitting, construction costs, labor, hotel-brand negotiations and the ordinary surprises that accompany building hundreds of residences and a luxury hotel can all affect timing.
SilverRock itself is rather compelling evidence of that.
So I wouldn’t plan a 2029 anniversary dinner in the new hotel lobby just yet.
Why I’m More Encouraged This Time
Despite my skepticism, there are several reasons the current situation is different from some of SilverRock’s previous false starts.
| What’s Different Now? | Why It Matters |
|---|---|
| The property has actually changed hands | The $65 million sale closed |
| A new developer controls the site | Turnbridge isn’t simply recapitalizing the old project |
| The City approved a revised plan | The entitlement framework is in place |
| The project has been scaled back | One hotel replaces the previous two-hotel concept |
| Existing structures have been tested | Some may potentially be preserved |
| Infrastructure work is underway | IID power needs are being addressed |
| There is a stated construction target | Summer 2027 is the earliest current target |
Those are substantive developments.
This isn’t just a new logo and a press release.
And reverting to SilverRock rather than trying to resurrect the Talus name is probably wise.
SilverRock is already familiar to La Quinta residents because of the golf course. Talus, fairly or unfairly, became synonymous with a construction site that wasn’t doing much constructing.
Sometimes rebranding the rebrand is the best available option.
Why I’m Still Skeptical
Because I’ve been paying attention.
SilverRock has been discussed, redesigned, branded, rebranded, financed, delayed and promised for years.
There have been renderings.
There have been timelines.
There have been luxury hotel brands.
There have been partially constructed buildings.
What there has not yet been is a finished resort.
So my benchmark has become remarkably simple:
Show me cranes.
Then show me buildings going vertical.
Then show me windows.
Then show me landscaping.
And eventually, preferably, show me a hotel lobby with someone asking whether I’d like a glass of Champagne.
At that point, I’ll happily concede that my skepticism was unnecessary.
I look forward to it.
What Does the New SilverRock Mean for La Quinta Real Estate?
If the revised SilverRock plan is ultimately built, it would add a substantial new luxury residential and hospitality component to south La Quinta, including as many as 445 residences alongside the hotel, golf and commercial uses. But future residential pricing, floor plans, release dates and sales programs have not yet been publicly established. (La Quinta)
This is where I expect buyer interest to become particularly strong.
A luxury resort setting against the Santa Rosa Mountains, adjacent to the SilverRock golf course, with branded residences and resort amenities?
That’s going to get attention.
But we’re still too early for me to tell buyers:
“Here are the models.”
“Here are the prices.”
“Here’s when sales start.”
We don’t have that information yet.
And I would much rather tell you we don’t know yet than manufacture certainty because it makes a better headline.
Once residential plans, floor plans, pricing, reservation procedures or sales releases become official, that’s when things get interesting from a real estate perspective.
Is the SilverRock Golf Course Staying Public?
Yes. The Arnold Palmer-designed SilverRock golf course is a City-related public golf facility and was not part of Turnbridge’s bankruptcy acquisition of the private resort-development property. The approved master plan also includes a new 17,000-square-foot public golf clubhouse closer to Avenue 52. (La Quinta)
This distinction matters because people understandably hear “SilverRock sold” and assume the golf course went with it.
It didn’t.
The new clubhouse is intended to make public access easier, according to City materials. (La Quinta)
For golfers, that’s good news.
For La Quinta, retaining a public golf component while adding a luxury resort could ultimately be an interesting combination.
Assuming, of course, we get to the “adding a luxury resort” part.
You knew that caveat was coming.
SilverRock: Then and Now
Here’s probably the easiest way to understand the reset.
| Previous Talus Vision | New SilverRock Plan |
|---|---|
| Montage + Pendry hotels | One luxury hotel |
| 334 combined hotel rooms | Approx. 154 rooms |
| Montage/Pendry branded residences | 445 total residences of several types |
| Multiple hotel/residential components | Scaled-back resort plan |
| Robert Green/SilverRock Development Co. | Turnbridge Equities affiliate |
| Chapter 11 bankruptcy | Property sold for $65 million |
| Construction stalled | Design, engineering and preservation underway |
| Old hotel brands announced | New hotel flag not yet announced |
| Talus branding | SilverRock again |
The most important word in that table may be scaled-back.
There’s nothing wrong with ambition.
But at this point, I think most La Quinta residents would prefer a somewhat smaller resort that exists over a spectacular resort that lives forever in renderings.
Frequently Asked Questions About SilverRock La Quinta
Is Talus La Quinta still happening?
Not under the old Talus plan. The property has a new owner, Turnbridge Equities affiliate TBE RE Acquisition Co. II LLC, and the development has reverted to the SilverRock name with a revised master plan approved by the City of La Quinta. (La Quinta)
Who owns SilverRock La Quinta now?
TBE RE Acquisition Co. II LLC, an affiliate of Turnbridge Equities, purchased the private resort development property for $65 million through the bankruptcy process. Escrow closed December 9, 2025. (La Quinta)
Is SilverRock being built right now?
Major new vertical construction has not restarted. Turnbridge said it would spend 2026 on testing, engineering, design, preservation and infrastructure planning, with new construction potentially beginning as early as summer 2027. (La Quinta)
When will SilverRock construction start?
Turnbridge told the City it expects to submit design plans by the end of 2026 and that new construction could begin as early as summer 2027. That is a target, not a guarantee. (La Quinta)
Is Montage still coming to SilverRock?
The current approved plan does not identify Montage or Pendry as the hotel operator. It calls for one approximately 154-room luxury hotel, and a new hotel brand has not yet been publicly announced. (La Quinta)
How many homes will be built at SilverRock?
The City’s approved 2025 SilverRock Resort Master Plan provides for 445 residences. Detailed future home pricing, floor plans and sales dates have not yet been publicly announced. (La Quinta)
Will SilverRock have a new golf clubhouse?
Yes. The approved plan includes a 17,000-square-foot public golf clubhouse relocated closer to the Avenue 52 entrance, along with other public amenities. (La Quinta)
Did Turnbridge buy the SilverRock golf course?
The private resort development property acquired through bankruptcy is distinct from the public SilverRock golf course. The revised development plan continues to incorporate the 18-hole golf course and a new public clubhouse. (La Quinta)
When will the new SilverRock resort open?
There is no opening date I would treat as firm today. Turnbridge has said new construction could begin as early as summer 2027, and around 2029 has been reported as an early completion target. Large development timelines can change. (La Quinta)
My Bottom Line on SilverRock
SilverRock has made more concrete progress than it has in years. The land sale has closed, Turnbridge owns the private development site, the City has approved a revised master plan, structural testing has been encouraging and the developer is working through design and infrastructure issues. (La Quinta)
That’s all legitimately good news.
Do I hope Turnbridge succeeds?
Absolutely.
A completed SilverRock resort could be a tremendous addition to La Quinta, particularly if the developer can deliver the luxury hotel, residential component, public clubhouse and amenities envisioned in the new plan.
Do I think this attempt has some meaningful differences from the previous ones?
Yes.
Am I ready to declare that SilverRock is finally, definitely, unquestionably happening?
I’ll believe it when I see it.
And by “see it,” I don’t mean another rendering.
We’ve seen plenty of those.
Give me construction crews, a hotel rising out of the ground and 154 rooms with actual beds in them.
Then I’ll celebrate.
And if there’s a nice restaurant in that new hotel, I’ll volunteer to conduct the necessary research.
Purely in the interest of keeping everyone informed, obviously.
Interested in the Future SilverRock Residences?
If you’re interested in the residential side of SilverRock, including future homes, branded residences, condominiums, floor plans or eventual pricing, contact me and I’ll keep you updated as credible information becomes available.
And I emphasize credible.
When the developer or City announces something concrete, I’ll tell you.
Until then, we can leave the crystal ball in the closet.
For official project information and future updates, the City of La Quinta SilverRock project page is the source I would bookmark.
About the Author
Sheri Dettman is the founder of Sheri Dettman & Associates at YourResortHome.com, a Coachella Valley luxury real estate team specializing in Palm Springs, La Quinta, Palm Desert, Indian Wells, Rancho Mirage, and Indio. With more than 20 years of local experience and over 200 transactions a year, Sheri helps buyers understand the full cost and lifestyle of country club living before they buy. Sheri and her team have extensive experience working with Canadian Buyers and Sellers.