Scottsdale-based developer DMB Development recently announced plans for Tapestry, a master-planned development in Hesperia. Entitled for more than 15,663 homes and 700,000 square feet of retail and commercial space, the 9,366-acre community is expected to bring more than $7 billion in capital investment. DMB plans to break ground in July 2021.
At approximately 3,200 feet in the Mojave River Valley 30 minutes north of Rancho Cucamonga, Tapestry features views of the surrounding mountains in the Angeles and San Bernardino National Forests. More than half of the total land has been reserved for parks and natural open space.
“As one of the largest new communities developed in Southern California in many years, Tapestry will eventually grow to reach the population of a small city,” says Brent Herrington, president and CEO of DMB Development, the master developer for Tapestry. “We take great pride in the opportunity to develop a new community in such a spectacular setting, and we’re approaching this with a deep sense of reverence and environmental responsibility. Our goal is to create a strong, active and caring community that treasures the natural beauty of this area.”
Hesperia Venture I LLC, the owner of the property and affiliate of Schlegel Capital LLC, acquired the Tapestry site in 2012.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.
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