New big box stores have recently opened up in town, including a Wal-Mart Supercenter, a Home Depot Home Improvement Center, and Kohl's Department Store in the 2nd Street Marketplace.
Other new businesses in the 2nd Street Marketplace area include Best Buy, Bed, Bath, and Beyond, Petco, Ross Dress for Less, Dollar Tree, Bank of America, Chase, Wells Fargo, Chili's, Mc Donald's, Starbucks, and Taco Bell.
The following communities are currently under construction or have been built: Oak Valley Greens, Three Rings Ranch, Solera by Del Webb later sold to Pulte Homes Inc., Sundance and Tournament Hills by Pardee Homes, and Fairway Canyon.
Apple orchards in and around the town expanded to a $200,000 industry by 1930.
Beaumont saw a rise in visitors and residents as the little-known nearby city of Palm Springs to the east grew to become a highly popular resort spot in the 1930s and after; Beaumont followed suit and attempted to capitalize on the tourism by establishing guest ranches.
In May 2016, prosecutors announced that they were charging almost all of Beaumont’s former government leadership with corruption they said had been going on for three decades.
Seven former officials were arrested and charged with stealing nearly $43 million from city coffers.
A 2008 study by the Public Policy Institute of California noted that Beaumont and its surrounding communities in the San Jacinto Valley have registered the highest population growth throughout the sprawling Riverside County and the region is projected to increase by 4.5% a year to 310,000 by 2015.
Beaumont is host to many new master-planned communities.According to an early 1930s/1940s postcard, the Highland Springs Guest Ranch of Beaumont offered its patrons horseback riding, tennis, archery, horseshoes, swimming, shuffle-board, ping pong, baseball, ballroom dancing, massage, basketball, as well as a place to spend the night.During the Cold War, a Lockheed rocket test site operated by Simi Valley-based Rocketdyne was established south of the town in Potrero Canyon.Plans are being developed by the California Department of Fish and Game to allow public access.With the housing boom in the early decade, the urban sprawl reached the last remaining valleys of the Inland Empire.Beaumont also boasts a new Walgreens, Rite-Aid, and a Stater Bros. The nearby Highland Springs Resort, established in 1884, hosts Southern California's largest certified organic lavender farm at 123 Farm, the Annual Lavender Festival in June, the Annual Sausage and Beer Festival in August, and the Annual Olive & Wine Faire in October.