Hearst Ranch deal. Hearst Ranch plan closer to approval.
This deal has the state paying between $100M & $150M for 82,000 acres (with 18 miles of coastline) with the Hearst Corp reserving rights to build 27 homes and an Inn.
Not bad IMHO.
This is the land that surrounds the Hearst Castle.
The spirit of Orson Welles and Wm. Randolph Hearst haunt these lands.[Google U.S. News] [Marc’s Voice]