Valle de las Palmas (Palms Valley in Spanish) is located between two hamlets Espuela and Seco in the municipalities of Tijuana and Tecate, Baja California, Mexico. It is the site of a long-term planned urban development which would take advantage of proximity to the existing cities of Tijuana to the north west and Mexicali to the north east to create a similar sized city of one million people by the year 2030, on Mexican Federal Highway 3 around an existing industrial park and university campus Unidad Valle De Las Palmas. The first project in Valle de las Palmas, named Valle San Pedro, is proposed by the Mexican Federal Government, the State of Baja California, Urbi (land developer and homebuilder) and Banobras. It has been certified as the first Integral Sustainable Urban Development or DUIS in Mexico, which establishes criteria in collaboration with Interamerican Development Bank IDB to evaluate projects that will receive inter-secretarial technical support and public investment. The locality reported a population of 1,860 inhabitants in the 2010 federal census. It is located at an altitude of 282 m. (925 ft.) above sea level. Also is an agricultural area with olives and grapes fields, and some farms with cows, porks and poultry.