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Hearst land deal offered to California to preserve Castle area
Hearst Corp proposes California buy 1.8 miles of coast and grant an 128 square mile ranch easement for 80 million cash and 15 million in tax incentives. The plan aims to protect Hearst Castle and coastal habitats while allowing Hearst to retain ownership of ranch lands with possible development rights under a conservation framework.
MENTIONED IN THIS ARTICLE
San Simeon
Calif
Hearst Corp
California
Hearst Castle
Los Angeles
San Francisco
Hearst
Susan Jordan
California Coastal Protection Network
American Land Conservancy
Sam Schuchat
State Coastal Conservancy
Roger Lyon
William Randolph Hearst
California Coastal Commission
Resi
Stephen Hearst
Commission
George Hearst