PALM SPRINGS, Calif. - The President of Wessman Development said the company will be changing names next week.
President Michael Braun said the company will now be called GRIT Development. He's planning to officially announce the name change within the next week.
According to Braun's release, the name change is a logical step following John Wessman's retirement earlier this year. He said more importantly, it signified the company's core pillars now and going forward- visionary persistence, innovation and excellence.
John Wessman has now retired, but he's currently facing public corruption charges over the Scandal at City Hall in Palm Springs.
Braun also said in the release, 'These pillars of 'grit' define who we are, how we operate and what we deliver. Our entrepreneurial spirit fuels our visionary approach to projects. Our unwavering commitment to persistence and hard work makes them a reality. Innovation guides our planning and design to ensure sustainable, successful projects for decades to come. Excellence is our cornerstone as we consistently achieve excellence with each distinctive property we deliver."
Braun went on to say that after over a decade of planning and hard work, "We're [Grit Development] thrilled to share the near completion of the downtown revitalization project. Dozens of tenants will open this summer with the Kimpton Rowan Hotel officially opening to the public in September. Braun said the hotel will feature an open rooftop bar and poll representing the first of its kind for Palm Springs.
KESQ News Channel 3 and CBS Local 2 will keep you updated as the downtown revitalization project continues.
We'll also keep you updated on the court proceedings as Wessman is expected to be arraigned soon with codefendants Richard Meaney and former mayor of Palm Springs, Steve Pougnet.