Shopoff Realty Investments Secures Approval For 1,463-Acre Mixed-Use Master Plan Community in Calimesa

Shopoff Realty Investments has secured approval from the Calimesa City Council for Mesa Verde, a 1,463-acre mixed-use master plan community in Calimesa, CA.

CALIMESA, CA, UNITED STATES, November 10, 2026 /EINPresswire.com/ — Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, announced today that it has secured approval from the Calimesa City Council for Mesa Verde, a 1,463-acre mixed-use master plan community located in Calimesa, California, near the confluence of the I-10 freeway and 60 highway. The firm received approval from Calimesa’s Planning Commission in August 2026.

In November 2021, Shopoff acquired the raw land. At the time of acquisition, the site was fully entitled for a maximum of 3,650 residential units, 250,000 square feet of commercial space, two elementary schools, and approximately 565 acres of open space.

In response to evolving community needs and market conditions, the firm created a revised land use plan for the site, which they named Mesa Verde, proposing a more balanced mix of residential and business uses, along with the addition of public and private parks, community spaces, affordable and attainable housing, and traffic and fire safety improvements.

Mesa Verde aims to deliver 3,650 residential units, a 4.2 million-square-foot business park, 240,000 square feet of space for office, medical, and education, 300,000 square feet of commercial and retail space, 50+ acres of public parks, 15+ acres of private recreation facilities, two future elementary schools, and 490+ acres of open space. Mesa Verde is planned to be a place where community is key, and nature is close to home. Upon completion, the project is projected to generate significant economic output through direct, indirect, and economic activity.

“The vision for Mesa Verde was to bring a brand-new, mixed-use community to the City of Calimesa that would create employment opportunities, attainable housing, and open space, all of which would benefit and strengthen the community and its economy,” said Shopoff Realty Investments’ President and CEO Bill Shopoff. “We are thankful to the City of Calimesa and project neighbors for their support throughout planning this project. We look forward to seeing Mesa Verde grow into a true community for all generations, where families can put down roots, working professionals can find a place to both live and work, and seniors can enjoy a peaceful place to call their own. Mesa Verde is designed with something for everybody, so no matter your age or stage of life, there’s a reason to call it home.”

Development on the site will take place in multiple phases, with phase one construction estimated to begin in late 2027.

About Shopoff Realty Investments
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 34-year history of value-add and opportunistic investing across the United States. The company primarily focuses on proactively generating appreciation through the repositioning of commercial income-producing properties, the entitlement of land assets, and development projects. The 34-year history includes operating as Asset Recovery Fund, Eastbridge Partners, and Shopoff Realty Investments (formerly known as The Shopoff Group). Performance has varied in this time frame, with certain offerings generating losses. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.

Disclosures
This is not an offering to buy or sell any securities. Such an offer may only be made through the offering memorandum to qualified purchasers. Any investment in Shopoff Realty Investments programs involves substantial risks and is suitable only for investors who have no need for liquidity and who can bear the loss of their entire investment. There is no assurance that any strategy will succeed to meet its investment objectives. The performance of this asset is not indicative of future results of other assets. Securities are offered through Shopoff Securities, Inc. member FINRA/SIPC, 18565 Jamboree Road, Suite 200, Irvine, CA 92612.
Development timelines and completion estimates are subject to change and dependent on multiple external factors.
The statements made by individuals quoted herein reflect their personal opinions and current expectations and are not guarantees of future performance.

Corynne Gordon
Shopoff Realty Investments
+1 9494171396
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