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You are here: Home / Real Estate News / Victorville pins hopes on revamped George Air Force Base

Victorville pins hopes on revamped George Air Force Base

August 1, 2011 by Bill Fulton

Four years after the housing bubble burst, this once-booming desert city far northeast of Los Angeles is nursing an economic hangover that won’t quit: one of 67 homes is in some stage of foreclosure, unemployment is nearly 17 percent and the busiest place in the threadbare historic downtown is a thrift store attached to a food bank.

Yet beyond the foreclosure signs and graffiti-stained windows, a long-decommissioned air force base offers a glimmer of hope. Two decades after George Air Force Base shut down, taking hundreds of jobs with it and leaving runways and hangars empty, the redeveloped base is taking off as a hub for commercial aviation, freight shipping and logistics.

via Victorville pins hopes on revamped air base | victorville, pins, revamped – Victorville Daily Press

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Filed Under: Real Estate News Tagged With: Inland Empire

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