Real Estate Analysis and Commentary in Victorville

 Victorville is a city in the High Desert of San Bernardino. The original town site was founded in 1886 with the arrival of the railroad. The founders laid out the town consisting of 200 acres or 0.32 square miles. By 1962 (year of incorporation), the city had grown to 9.7 square miles (6,208 acres) and the population reached 8,110 people. 

Significant events in the time line of Victorville includes:

• 1926 - Route 66 is developed running through Victorville (7th Street). 
• 1937 - Greenspot Motel (a motor-court offering lodging) is built. 
• 1960s to 1970 - I-15 is built bypassing Route 66 and moving the development away from the original townsite. 
• 1963 - Victorville College, Green Tree Motel and Golf Course along with a shopping center is developed moving growth to the south. 
• By the 1980s the original townsite had become blighted. 
• 1998 - The city adopted the Old Town Redevelopment Plan. 
• 2000 - The transit center, a redevelopment project, opens as an intermodal transit center. 
• 2011 - State of California abolished all Redevelopment Agencies resulting in loss of funds for redeveloping Old Town. 
• 2023 - The city establishes a Community Reinvestment and Investment Agency (CRIA) allowed under state law. This act allows for using incremental tax revenue for infrastructure and affordable housing to revitalize blighted areas. 

In future posts, I will review the Old Town Village in terms of existing land uses, potential for development, current conditions and potential funding sources