Target, Sprouts to Anchor 230,000-Square-Foot Shopping Center Along I-10 Corridor

Regency Centers Corporation (NASDAQ: REG) has officially announced the development of Oak Valley Village, a new 230,000-square-foot open-air shopping center that will break ground at the southeast corner of Interstate 10 and Oak Valley Parkway in Beaumont, California. Designed as a vibrant new commercial hub, the project will be anchored by major national retailers Target and Sprouts Farmers Market, signaling significant momentum in the city’s ongoing growth.

With construction already underway as of early November, Oak Valley Village is positioned to capitalize on strong local demographics—boasting more than 96,000 residents within a five-mile radius and high rates of homeownership and household income. This new retail center is expected to serve not only Beaumont’s growing population, but also neighboring cities in the Inland Empire.

National Brands, Local Impact

Phase I of the project includes a 148,000-square-foot Target, a 23,000-square-foot Sprouts, 12,000 square feet of junior anchor space, and 34,000 square feet of additional shop space for retail and dining tenants. The development is designed to be necessity-driven, combining convenience and community-oriented retail options.

“Oak Valley Village will bring a vibrant, necessity-driven shopping destination to Beaumont, offering the community access to national retailers, local favorites, and high-quality dining options,” said Chris Sanchez, Vice President and Market Officer for Regency Centers. “We are proud to work alongside the City of Beaumont to make this vision a reality and look forward to delivering a project that will serve as a retail hub and gathering place for years to come.”

City and Developer Collaboration

The City of Beaumont has played an integral role in facilitating the project. Local officials praised the development as a sign of the city’s appeal and progress.

“The arrival of Target and Sprouts in the new Regency development marks more than just growth—it reflects Beaumont’s ability to attract high-quality retail that enhances daily life and strengthens our local economy,” said Mayor Mike Lara. “This project represents the culmination of hard work by our City Council, city staff, and development partners at Regency Centers.”

A Strategic Vision for Regional Retail

Oak Valley Village will benefit from excellent freeway visibility, convenient access, and a carefully curated tenant mix, positioning it as a prime destination for shopping, dining, and social interaction across the Inland Empire. Anchor tenant openings are anticipated in the second half of 2027.

Southern California Entrepreneur and Community Champion Anita Ron Recognized for Determination, Contributions

University of La Verne (ULV) alumna Anita Ron ‘88 has received the 2024 U.S. Small Business Administration Los Angeles District Small Business Person of the Year Award, which recognizes entrepreneurs who demonstrate exceptional leadership and create sustainable, thriving businesses in their communities.

Ron is the owner of BriteWorks, Inc., a boutique cleaning service she started in 1996 and grew from only three vacuums and $700 after being laid off. At the time, she was also raising two young children. Today, the Covina-based business includes about 200 associates, providing commercial and janitorial services throughout the US, including for high-profile events like the Super Bowl (2022-24). It also boasts a community service footprint throughout the region. 

The passionate businesswoman credits her training in journalism at ULV to helping her inquire about and bid for jobs, pivot when needed, handle deadline pressures, and meet client expectations. Instead of finding stories, Ron says she uses her skills to find the next client.   

“It takes a lot of sweat equity. Failure is never an option, and this continues to be a driving factor as I empower my team to become leaders in their communities,” said Anita Ron, who weaves ULV values – diversity, service, lifelong learning, and ethical reasoning – into the workplace. “I am honored and so grateful to be in an organization where we all are truly making an impact.”

Annually, BriteWorks adopts a couple of inner-city schools to donate funds for education. Every employee is also challenged to take on their own service projects to share with the team. Past projects have included food kitchens, fundraising for medical equipment for the needy and volunteering at local churches. They also provide tours and mentorship for students in the ULV international business program. 

The SBA award represents a business that has used at least one SBA program/service and demonstrates a number of characteristics including growth in employees and revenue, resiliency, “staying  power” and contributions to the community.

“She exemplifies business success and is a wonderful role model for aspiring entrepreneurs.  She created a business out of necessity, but her dedication, passion, resiliency and determination made BriteWorks a success,” said Julie Clowes, SBA Los Angeles director. “Anita maximizes opportunities, takes advantage of resources, mentors other business owners and gives back to her community.  We are honored to present her with this award.”

The SBA award is among the latest honors and distinctions Ron has earned for her leadership and contributions in the industry. Last month, she also received the Diversity Professionals Magazine Women of Excellence award. She has received recognitions from elected officials, regional and state Hispanic chambers of commerce, the Latin Business Association, and several publications including the Los Angeles Business Journal and Latina Style Magazine. 

She is currently a member of the ULV College of Business advisory board and vice president of the board of directors for the National Latina Business Women Association Inland Empire Institute, a regional nonprofit organization with the purpose of strengthening the success of Latina entrepreneurs in the Inland Southern California region. She is always looking for opportunities to network and make communities stronger.

Webb Investments today announced the launch of a new company, Silver Creek Modular, after acquiring the assets of Silver Creek Industries, a highly respected modular construction company known for bringing innovative, sustainable and cost-effective solutions to the education industry. 

Silver Creek Industries’ existing business, including its employees and its Perris, Calif., manufacturing facility, will remain with the new company, with Webb providing the investment capital, resources and expertise to enhance Silver Creek’s presence in the modular construction marketplace.

The acquisition closed in June of 2023, following Silver Creek Industries’ Chapter 11 filing in the Central Bankruptcy Court of California.

“We are thrilled to have the opportunity to bring Silver Creek into our family business, and look forward to building on our shared commitment to improving educational opportunities within communities across our region,” said Kiana Webb, CEO of Webb Family Enterprises. “This acquisition aligns with our strategy to invest in established firms that can help us drive community revitalization and inclusive growth, while improving quality of life and increasing economic output.”

Silver Creek Industries was founded in 2004 and has completed more than 1,000 projects in the education, commercial, medical, military, government and multi-family housing markets. More recently, the company’s focus has been on providing high-quality, sustainable modular buildings for schools and educational institutions. Silver Creek Industries is well known for delivering projects on time and on budget, with minimal disruption to school and the community. 

Webb Investments is a privately held, family-owned company focusing on creating a community development ecosystem that drives inclusive, organic growth and transforms the areas they serve. 

For more information on Webb Investments, please visit webbinvestments.com.