[SOLVED] Visual Studio 2012 Throw Web Server Could Not Be Found Error When Creating New DotNetNuke (DNN) 7 Project

Error message received from VS 2012 when creating new DNN C# compiled project:
The Web Application Project DNNModule1 is configured to use IIS.
The Web server ‘http://dnndev.me/desktopmodules/DNNModule1’ could not be found.

At the host name “dnndev.me” to the bindings of IIS 7