"It was the first airing of a proposal that would transfer 13 miles of beaches to the state and bar development on most of the rest of the ranch. In return, the Hearsts would receive $95 million and rights to build a 100-room hotel, 27 homes scattered across 200 acres, 15 units of employee housing and 3,600 acres of orchards, vineyards and row crops."
Thanks to Melissa Chow
