New VP to lead development of Tejon Mountain Village
TEJON RANCH, Calif.--(BUSINESS WIRE)--Aug. 18, 2014--
Bret A. Schumacher, an experienced real estate development executive
whose work developing master planned residential and resort communities
spans from Florida to Hawaii, has joined Tejon Ranch Co. as Vice
President, Community Development--Real Estate.
Bret A. Schumacher – Joins Tejon Ranch Co. as Vice President, Community Development-Real Estate (Photo: Business Wire)
Schumacher was selected to lead the development of Tejon Mountain
Village, a sensitively planned residential and resort community located
in the high country of Tejon Ranch. Featuring an extensive amount of
natural open space, it’s destined to be one of America’s premier
residential/resort communities. Tejon Ranch Co. recently acquired full
ownership of Tejon Mountain Village LLC, having purchased the interests
of its partner in the joint venture.
“We are delighted that Bret Schumacher will be leading the development
of Tejon Mountain Village,” said Gregory S. Bielli, President and CEO of
Tejon Ranch Co. “He’s worked with some of the top public and private
developers in the country and we are excited he’ll be applying his
considerable skills and expertise to create a remarkable mountain
community here on Tejon Ranch.”
Schumacher comes to the development with a record of achievement in
developing exceptional master planned communities. On the island of
Kauai, he helped develop Kukui ‘ula, an exclusive golf and spa mixed use
community that was named one of the “Best of the Best” by the Robb
Report. Schumacher also played an integral role in the creation of
RiverCamps, a series of three waterfront planned communities developed
by the St. Joe Company in Florida. In Utah, he worked with Kennecott
Land on the development of Daybreak, a master planned mixed use
community that encompasses 4,200 acres.
Prior to his real estate development career, Schumacher served in the
United States Air Force as a meteorologist. He holds a Bachelor of
Science in Finance from the University of Utah, an MBA in Marketing from
the University of Tennessee, and is a graduate of the Harvard Business
School’s Real Estate Management Program.
TEJON RANCH VP NAMED
“I’m thrilled to join Tejon Ranch Co. and the opportunity to help build
the legacy of this great landowner,” said Schumacher. “My goal is to
make Tejon Mountain Village the crowning jewel of this stunning
landscape, creating a landmark community where residents and guests will
embrace and enjoy its beautiful natural setting.”
The historic Tejon Ranch is the largest single piece of private property
in California and home to the most significant private conservation
effort in the state. In 2008, Tejon Ranch agreed to set aside 240,000
acres—90% of its property—for permanent environmental conservation,
retaining just a fraction on which to build high-quality,
environmentally sensitive communities, like Tejon Mountain Village.
About Tejon Ranch Company (NYSE: TRC)
Tejon Ranch Company is a diversified real estate development and
agribusiness company, whose principal asset is its 270,000-acre land
holding located approximately 60 miles north of Los Angeles and 30 miles
south of Bakersfield. For more information on the company, please go to www.tejonranch.com.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140818005771/en/
Source: Tejon Ranch Co.
Tejon Ranch Co.
Barry Zoeller
Vice President, Corporate
Communications & Marketing
(661) 663-4212
bzoeller@tejonranch.com
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