“I know we’re in a recession, but I’m still bullish on the High Desert market,” Dick said. “I think everyone agrees we’ll come out of this eventually.”
Stirling Capital signed on to the airport redevelopment project in 1999.
Victorville agreed to contribute up to $40 million in infrastructure improvements funded by redevelopment dollars and federal and state grants.
Development of the former George Air Force Base in Victorville will eventually bring 24,000 jobs to the High Desert. The housing market there has been decimated. Nonetheless, real estate developer Stirling Capital Investments LLC is showing faith in the resiliency of the High Desert economy.