Born in Phoenix, Margaret Cafarelli studied marketing and finance at Arizona State University before embarking on a career in real estate development. After working for a succession of small, family owned firms, she founded Urban Developments in 1999. The San Francisco-based company specializes in sustainable urban mixed-use projects. Ms. Cafarelli served on the Sustainable Development Council of the Urban Land Institute, a public policy organization based in Washington, D.C.; In 2007 she completed the Executive Program in Business Strategies for Environmental Sustainability at Stanford University Graduate School of Business and the Woods Institute for the Environment in Palo Alto, California. Her recent projects include the Santa Barbara Public Market and the broader Alma del Pueblo residential and commercial development, both on Victoria Street in Santa Barbara.
Ms. Cafarelli, who has residences in Santa Barbara and San Francisco, joined the Music Academy Board in 2009, and has served on the Finance, Marketing, Buildings & Grounds, Executive, Campus Renovation, and Education Policy committees. She then served as Board Chair from 2015-2017. Ms. Cafarelli also has chaired the Santa Barbara Golf Invitational, an annual Music Academy benefit, and has participated in the Compeer Program, which pairs Academy fellows with Academy donors and other Santa Barbara community members for informal socializing throughout the summer season.