Truax Development Nominated for the “Most Notable Investment & Development Award”

February 24th, 2016

Truax Development was nominated for the 2015 Economic Development Corporations Annual Signature Awards Presentation for the "Most Notable Investment & Development Award."

When informed about the nomination, Bernie Truax II stated, "this is a true honor for Truax Development. The team has been working countless hours on several development projects that we believe will bring value and investment into our community. We are looking forward to continue the work that we started and are even more excited about our future projects that are right around the corner."

Bernie Continued to share his vision of Truax Development and the Temecula Valley, "I had a vision more than 15 years ago that Old Town, Temecula would become a vibrant city with shopping, dining, lodging, entertainment, and cultural opportunities that create a unique, exciting, and memorable experience seldom found in other areas. It is my vision to create an atmosphere where people are able to live, work and play in one area. This has fueled my dedication to construct buildings that will stand the test of time; create a long term sense of community. When I grew up in Pennsylvania, there was no need for “shop local” initiatives, you knew the owner of the supermarket, and the multi-family residences were owned by someone who actually lived locally – not by an international corporation which is common today. Back then it was possible to have community pride. I experienced what it was like before national chains destroyed the mom-and-pop shops. Now we are experiencing international markets threatening those same national chains. Part of my vision is to return to a self-sufficiency, effectively a community based on local values. My passion is to help shape a community that returns to the security of a community where businesses and customers are local; yet, our community still remains competitive nationally and internationally with our entertainment venues, our wine country and our vacation and resort destinations. I want to see our local community prosper and allow people to fulfill their basic need to be self-sufficient and economically secure. I also dream that our city will provide the quality of life for family’s to stay together, where a son or daughter does not have to leave to attend college if they want to stay home, or a parent needing to travel 60 miles+ daily for work. While the economy of Temecula is strong, we will grow stronger. I hope to leave a healthier and more prosperous economy to my children and future generations."

This Category Is Based On The Following:

An individual or organization that has made a monetary investment into the region through real estate procurement or commercial development through expansion, acquisition, adaptation, and/or restructuring of products, services, or processes

For more information about the Award or the Economic Development Corporation please visit:

The awards ceremony will be held at:

March 9th, 2016

7:30 am - 10:00 am at Temecula Creek Inn, The Olive Ballroom -

44501 Rainbow Canyon Road, Temecula, CA 92592

To purchase tickets please visit:

EDC Southwest California Economic Development Corporation                                                                  2015 EDC ASAP Annual Signature Awards Presentaion

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