Regardless of your musical preferences, most everyone is familiar with Coachella. The annual event has become a mainstay in the festival circuit, attracting so many fans that they added a second weekend back in 2012, and haven’t looked back since. In fact, according to a new report, they’re looking forward at a third Coachella event to be held in the fall.

According to the Phoenix Desert Sun, Coachella promoters Goldenvoice have an agreement with the city of Indio, CA to hold up to five events there, annually. Between the two Coachella weekends and Stagecoach Country Music Festival, there’s still room for two more events on the calendar. Those two events could be the fall counterparts to Coachella and Stagecoach, if all goes to plan.

The report says that “significant progress” has been made on the additional events, with the city eager to expand its reputation as “The City of Festivals.” According to Indio mayor Glenn Miller, “It brings a different group into the community that wouldn’t be here in the summer heat, so it brings in money, business and jobs to the city.”

Considering the estimated $1.4 million that each festival brings to the town, it seems quite reasonable to believe that more Coachellas are coming to Indio soon. Not to mention the Panorama Festival event that Goldenvoice is bringing to New York, NY. Good festival tidings are ahead.

This year’s Coachella boasts a lineup with Guns N Roses, LCD Soundsystem and Calvin Harris at the top.

[Via The Desert Sun]