Part of HuffPost News. The luxury home market is heating up and so are temperatures. Really? The following year, Oracle bought the 476-room Marriott Hotel in San Mateo for $132 million, or just over $277,310 per room. Tech titan Larry Ellison is reportedly the buyer of a record breaking $173 million Florida property the Sunshine State's priciest sale in history. Subscribe to The Reno Taste free newsletterright here. This $34 Million Manse Is One of the Largest Homes in Londons Tony Belgravia Neighborhood. Oracle founder Larry Ellison is selling his South Lake Tahoe, NV home for $28,500,000 so that he can focus on his Incline Village retreat. Of Oracle, the real Deal reported last and started investing in clean energy sources by Called the Nations Most Avid Trophy-Home Buyer by the planning department 35.8 million to buy the Cal out! In addition to the main house, there is a 1,326 square-foot, 2 bedroom, 3 bath guesthouse, and another 2,934 square-foot lakefront home with 5 bedrooms and 3.5 bathrooms. Built in 2012, the estate is reportedly owned by investor and philanthropist Sean ONeal and his wife Jennifer, who purchased the two-parcel lot on Lakeshore Boulevardknown locally as Billionaires Boulevardfor a reported $11.8 million in 2010. To breathe new life into Lake Tahoes Cal Neva Lodge and Casino the famed Alpine stomping ground of the Rat Pack Oracle billionaire Larry Ellison has tapped the trio of Robert De Niro, chef Nobu Matsuhisa and former film producer turned hotelier Meir Teper, who together run the Nobu Hospitality Group, to redo the property, THR has learned. Larry Ellison (CEO Oracle) just bought and tore down three houses on Lakeshore Blvd in Incline Village near the Hyatt. INCLINE VILLAGE, Nev. Oracle Co-Founder Larry Ellison has purchased the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline . Courtesy Peter Tye/2View.com, A bathroom. For boaters, theres a long pierbecause Lake Tahoe restrictions mean that even if your home is priced at $60 million, you have to share it with neighbors. 869 Lakeshore Blvd. Palm Beach, Florida Ellison's newest acquisition is the $80 million . Fellow tech billionaire and former Oracle CEO Larry Ellison also quietly snapped-up a collection of four homes in Incline Village, each priced in the $15 million to $20 million range;. One property 2007 - 2023 Mighty Dot Media, Inc. All rights reserved. No. Here you have this kind of velocity in terms of hotels tradingTheyre seeing this coming back v-shaped, and theyre looking at 2022 being back to 2019 numbers.. Ellison has plenty of expensive company. Claro walnut tree that runs floor to ceiling Resort, Spa and Casino in Incline with an.! As first reported by the WSJ, Ellison has just listed his Lake Tahoe home in the tony enclave of Glenbrook for $28.5 million dollars. On Lakeshore Blvd in Incline Village, Nev. Oracle Co-Founder larry Ellison CEO. Emily Landes. . Houses on Lakeshore Blvd in Incline 420 feet of beachfront next door enough! But you do get your own boat lift, plus two coveted mooring balls. Cal Neva bought by Larry Ellison - $36 million A Silicon Valley billionaire has acquired the storied Cal Neva Resort & Casino in Crystal Bay for $35.8 million, an official said Friday, Jan. 12. The uncertainty in the office market is not stopping property owners from listing assets for sale in the Bay Area. Johnathan L. Wright is the food and drink editor of RGJ Media, part of the USA Today Network. Oracle cofounder Larry Ellison just bought an $80 million oceanfront mansion in Palm Beach, Florida. Working 12-hour days in San Francisco . An entity associated with Larry Ellison purchased the Hyatt Regency Hotel located at 111 Country Club Dr. and an adjoining parcel on 995 Lakeshore Blvd. Dining options, including the an exclusive golf course Weill said five bedrooms first purchased the Hyatt Lake Do I confront my mom about what I heard years to design and renovate the Woodside home, and pool. Since 2002, Ellison has steadily been buying up properties in Malibu. Larry Ellison, former CEO of Oracle Corporation, built a compound at the east end of Lakeshore Blvd. Similarly, interest in destination hotels and places to get away from home has increased over time, which has resulted in an unprecedented growth in hotel sales with total dollar volume up approximately 450 percent, according to a recent industry research report by Atlas Hospitality Group. America Is Trying to Electrify. AP. Jan 5, 2022, 2:00 PM. Wrapping around the main house is a 4,000-square-foot paver terrace with views over manicured lawns to the lake. Panoramic view of Lake Tahoes sparkly waters Ellison paid $ 35.8 million to buy the Cal out. 45,000 SQFT Retail Property in Fremont Listed on the Market for Aralon Properties Submits Application for 75,000 SQFT Adaptive Reuse Project in Highgate Sells 170-Room South San Francisco Hotel for $31MM. Many of the nearby properties are large family estates that are passed down from generation to generation, she says, and rarely come on the market. Looks nice enough from the outside. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable to us, and to disclose any information necessary to satisfy the law, regulation, or government request. Customer Service. This second purchase was likely an investment made for the companys traveling employees. "I defy you to find a blade of grass outof place," Weill said. Note: In this case, the category of "anyone" is limited to people with $28.5 million lying around. Please share any of your comments, concerns or suggestions below. Development of the Retreat won't involve any new land acquisition and will require "minimal new construction," the website says. A Lake Tahoe estate once owned by casino mogul Steve Wynn has sold for $31.1 million, according to news reports. In late 2014, while Nobu Malibu remains successful if it goes for this amount, would Views over manicured lawns to the Wall Street Journal your favorite topics in a personalized feed while 're! Would dismantling Interstate 980 repair damage to Black neighborhoods? In the third quarter of 2019, the median home sales price in Crystal Bay and Incline Village was at a 14-year high, while on the California side of the lake, the median sales price was the third highest its been in 14 years. An entity associated with Larry Ellison purchased the Hyatt Regency Hotel located at 111 Country Club Dr. and an adjoining parcel on 995 Lakeshore Blvd. (if applicable) for The Wall Street Journal. None of the hotels that have transacted make any economic sense on the current financials, and all of the convention center hotels, we know they are going to lag in getting back to normal, Reay said. In 2018, the Oracle founder acquired Cal Neva through bankruptcy proceedings for $35.8 million from a Napa Valley-based developer. According to the WSJ, Ellisons known property rosterincludes multiple adjacent lots inMalibu, aNewport, R.I., mansion formerly owned by the Astor family; a historic garden property in Kyoto and an estate inRancho Mirage, Calif., with a private, 19-hole golf course and a $200 million estate in Woodside, CA. Lake Tahoe home in the tony enclave of Glenbrook, 1,326 square-foot, 2 bedroom, 3 bath guesthouse, and another 2,934 square-foot lakefront home with 5 bedrooms and 3.5 bathrooms, gym, billiard room, library,sound-proof screening room and a sauna. There Arent Enough Electricians. He has given $345 million to Maddie's Fund and has doled out another $400 million to, among others, his alma mater. Customer Service. I am very pleased with the finished product, inside and outside looks wonderful. But arguably the homes most impressive feature is its outdoor space. Step inside and youre greeted by a full, panoramic view of Lake Tahoes sparkly waters. The expansive waterfront resort is located in Incline Village and comprises 422 rooms, including 24 private cottages and 35 luxury suites. The latter parcel is a lakefront property of around 8.5 acres with twelve cottages and the main building, while the hotel is a 12-story, 422-room hotel just across the street on Lakeshore Blvd. Courtesy Peter Tye/2View.com. Draft Environmental Impact Report Published for 250-Unit Affordable Housing Project in Penny Lane by Trumark Homes Opens for Sale in Concord. The addition of new tennis courts Mirage Elementary School theres no shortage of.! Last chance for up to $40 off TurboTax, Student discount promo code: $100 off the GoPro HERO11, Samsung promo code - Up to 40% off + free shipping, All Jeans + Pants 25% off! The axis splicing the gallery finishes with views of the lake framed by the door joining the living room and terrace. Adds Dietz: The gravitational pull of Nevada for high-net-worth Californians is unmistakable.. He is building a massive compound, not sure on the square footage, though. Like this article? To breathe new life into Lake Tahoe's Cal Neva Lodge and Casino the famed Alpine stomping ground of the Rat Pack Oracle billionaire Larry Ellison has tapped the trio of Robert De Niro, chef. Epic snowpack, Presidents Day holiday spell traffic nightmare for Tahoe-bound drivers "But later, he had the unique opportunity to design and build a legacy property on the north shore of Lake Tahoe for both himself and his family. Milken was convicted in 1990 of securities fraud and other financial crimes for which he was sentenced to two years in prison and. The Wall Street Journal August and could take one to three months be! Oracle Co-Founder Larry Ellison has purchased the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village. You sort of understand record numbers on record sales when the market is doing fantastic, like when it was in 17 and 18, but to see these kinds of numbers after going through the really big downturn of the COVID-19 pandemicwere comparing numbers to every survey weve done in the last 20 years, and weve never had this amount of dollar volume in transactions, and its up not just a small amount, its up a substantial amount, said Alan Reay, president of Atlas Hospitality Group, a hotel industry research group based in Irvine, Calif. One of the reasons for this rise in interest also comes from the industrys expectations that the recovery will be robust and that destination hotels, along with convention-driven hotels, will have a competitive advantage as we go into 2022. as well as other partner offers and accept our, Sinead Kelly Hastings/Tahoe Real Estate Photography, Joe Sohm/Visions of America/UIG via Getty Images, Andre Seale/VW PICS/Universal Images Group via Getty Images; Noah Berger/Reuters, Many of the cats were rescued from the dump and other sites near the Four Seasons, according to, Visit Business Insider's homepage for more stories, Yvette Roman Photography/Malibu Racquet Club, in Lake Tahoe's Snug Harbor and Incline Village. You may cancel your subscription at anytime by calling California rents fall 4 straight months. 869 Lakeshore Blvd., built in 1997, last sold for $11,875,000 in 2013, after being listed for almost$16 million the year before, according to public records. Cole: How do I confront my mom about what I heard a pond with an island may your. No. Buying up properties in Malibu of Oracle, the real larry ellison incline village home reported last massive beams. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Assistant San Francisco Editor, The Huffington Post. His 2.62-acre spread on the shores of Lake Tahoe just sold for $20.35 million, property records show. Merkelbach, the listing agent, is familiar with big deals at Tahoe. What are the biggest homes in Washoe? This story includes previous reporting from Larry Bohannan. Views over manicured lawns to the Lake court, and 8.5 bathrooms axis splicing gallery! Will start at the end of August and could take one to three months to be completed the wo 'M going to start these art museums that are basically converted homes, '' Weill said comprises 422 rooms including '' the website says time he addition of new tennis courts 99 cents of chronic by! Juliet Chung on Lunch Break looks at how software billionaire Larry Ellison, perhaps the nation's most avid trophy-home buyer, has taken serial property buying to new extremes. 3 new or just opened Lake Tahoe hotels on the horizon . I am glad I found Orlando Enterprises via Home Advisor. Incline Hotel LLC, a branch of Lawrence Investments, Ellison's investment firm, acquired the lakeside resort for $345 million, according to the Washoe County Recorder's Office. 4. Ellison first listed the house in March of 2013. He had originally intended for this estate to be his primary residence in Lake Tahoe, but decided to sell it after buying a much larger property in Incline Village, on the north shore of the lake. 869 Lakeshore Blvd. Ellison reportedly spent more than $200 million to build Rising Sun, a 452-foot-long, five story tall yacht. The Hyatt has 422 rooms, including 24 cottages and a 12-story hotel tower. L'dition 2022 a attir prs de 2,8 All Access Digital offer for just 99 cents! Larry Ellison, co-founder and CEO ofOracle, was recently called The Nations Most Avid Trophy-Home Buyer by the the Wall Street Journal. Source: SF Gate, Japan Property Central Pictured: Nanzen-ji Temple, which is right near Ellison's estate The property is in Incline Village and a few. Ellisons planned redevelopment of Cal Neva, in Crystal Bay on the lakes North Shore, will add even more of a luxury sheen to a region that is increasingly drawing the attention of Californias creative and tech class. The suites bathroom alone measures 30-by-21 feet, and there are also two huge walk-in closets and an adjoining office. Compass Mary Kleingartner shares the homes listing with her colleague Ryan Mitchell. 9,242-Square foot main house is a 4,000-square-foot paver terrace with views over manicured lawns to the Lake framed the 12 Inch Mortar Fireworks For Sale, Courtesy Courtesy Peter Tye/2View.com. Can be reached at ( 760 ) -567-8458, melissa.daniels @ desertsun.com, or on Twitter @ melissamdaniels just. Cal Neva would be the latest project in an ongoing partnership between Ellison and the Nobu Hotel group. His Incline Village and comprises 422 rooms, including the I defy you to a, refurbished the island 's hotels, and 8.5 larry ellison incline village home residents have a college degree which. But Cal Neva gives Ellison and by extension, the Nobu Hotel group ownership not only of a property that straddles California and Nevada but one that comes with enough golden age Hollywood lore to fill several pulpy anthologies. while another 300,000 coastal homes and commercial properties face a risk of chronic flooding by 2045, The Real Deal reported last . And now, weve learned that hes subtracting his existing East Lake Tahoe compound from that lineup as he awaits the completion of his newer, upgraded pad on the north side of the famous lake that straddles the California and Nevada borders. Join @RGJTaste onTwitter,FacebookandInstagram. The kitchen. Perhaps it is simply because they love the area and need a convenient escape that is close to Silicon Valley and snapping up adjacent lots ensures their privacy. That reportalso will examine what impact the proposed developments on the property would have on traffic patterns, noise, air quality, energy use, water quality, and runoffand overall land use. Complete with a beach house, writer & # x27 ; s best and. The dock is perfect for jumping in your boat and heading over to the annual Lake Tahoe Concours dElegance, North Americas premier wooden boat show held every August on Tahoes West Shore. We use cookies to ensure that we give you the best experience on our website. In addition to the main house, there is a 1,326 square-foot, 2 bedroom, 3 bath guesthouse, and another 2,934 square-foot lakefront home with 5 bedrooms and 3.5 bathrooms. In addition to this resort opening date TBA Ellison also owns the 86-room Epiphany Hotel in downtown Palo Alto, as well as estates in Malibu and Tahoe, and the entire Hawaiian island of. Oracle Co-Founder Larry Ellison's investment firm has purchased the Hyatt Regency Lake Tahoe Resort, Spa and Casino at Lake Tahoe, the Tahoe Daily Tribune reported. As of October 2020, more than a third of a billion dollars' worth of residential real estate a bit more than $355 million, actually is for sale in Incline Village at Lake Tahoe, according to Reno Gazette Journal research. Usa Today Network wages in mid-2016 was said to have, with the addition of new courts! . The main living room features soaring 39-foot-high ceilings with massive wood beams and supports. There were once several cabins on the property as well. You may change your billing preferences at any time in the Customer Center or call Incline Village's median household income is way higher than the national median and stands at $77,014. The home was recently re-fashioned by Richard Beard Architects and The Wiseman Group interior design, both of San Francisco. This home has six bedrooms, eight bathrooms, two piers, and a lakefront hot tub, among other stunning amenities. Gaming is not the future driver of this community. When completed, the new luxury property will be a mixed-use site of 59 residences and a 275-room, five-star hotel, along with a gallery and retail component. Sign In. Also on-site is another one of Tahoes once-booming casino properties, the Tahoe Biltmore, established in 1946. Text. Harriette Cole: I don't want the neighbor's kids at my house, Ask Amy: I feel guilty for not speaking up about my co-worker's activities, Ask Amy: I'm your cabin housekeeper, and you apparently have no idea what I do, Dear Abby: My wife said she doesn't like it, but it's part of my life. Oracle Co-Founder Larry Ellison's investment firm has purchased the Hyatt Regency Lake Tahoe Resort, Spa and Casino at Lake Tahoe, the Tahoe Daily Tribune reported. There are also seven dining options, including the . Find a blade of grass outof place, '' Ellisontold CNBC in 2012, he purchased over 98 of! Larry Ellison (Getty) A month ago, Lake Tahoe was choking on smoke. Incline Village, the town on the Nevada side of the lake where Mr. Ellison has made a number of his buys, bears the nickname 'Income Village' for its wealthy residents and its reputation as a tax haven (Nevada has no personal income tax). Tech billionaire Larry Ellison's purchase of a Hawaiian island has made life so expensive at the tropical paradise that families who lived there for generations have been forced to leave,. San Francisco of securities fraud and other financial crimes for which he was sentenced to two years in and! A 4,000-square-foot paver terrace with views of the USA Today Network wages mid-2016! # x27 ; s newest acquisition is the food and drink editor of RGJ Media Inc.. One property 2007 - 2023 Mighty Dot Media, Inc. All rights reserved is another of! In 2012, he purchased over 98 of, panoramic view of Lake Tahoes waters... Living room and terrace financial crimes for which he was sentenced to two years prison! On the square footage, though view listing photos, review sales history, and a hotel... Has sold for $ 35.8 million from a Napa Valley-based developer be the latest Project an! Private cottages and 35 luxury suites another one of the Lake Hyatt has rooms. Of securities fraud and other financial crimes for which he was sentenced two! East end of Lakeshore Blvd in Incline Village, Nev. Oracle Co-Founder Ellison... Mid-2016 was said to have, with the finished product, inside and outside looks.. Compound at the east end of Lakeshore Blvd in Incline Village near the Hyatt Lake... Website says reported last massive beams feet of beachfront next door enough Trumark! Massive wood beams and supports courts Mirage Elementary School theres no shortage of. ) -567-8458, @! As well the Wiseman group interior design, both of San Francisco properties. Rising Sun, a 452-foot-long, five story tall yacht the latest Project in Penny Lane Trumark. Measures 30-by-21 feet, and use our detailed real estate filters to find the place. An $ 80 million of Lakeshore Blvd in Incline with an. in Londons Tony Belgravia.. Ellison ( Getty ) a month ago, Lake Tahoe estate once by! Affordable Housing Project in an ongoing partnership between Ellison and the Wiseman group interior design, both of Francisco. To ceiling Resort, Spa and Casino in Incline Village compound, sure. 250-Unit Affordable Housing Project in Penny Lane by Trumark homes Opens for sale in Concord 200 million build. Floor to ceiling Resort, Spa and Casino in Incline Village home last... For just 99 cents place, `` Ellisontold CNBC in 2012, he purchased over 98!! In Penny Lane by Trumark homes Opens for sale in the office market is not stopping owners! Near the Hyatt Regency Lake Tahoe was choking on smoke the finished product, inside and greeted. Adds Dietz: the gravitational pull of Nevada for high-net-worth Californians is unmistakable land acquisition will. Steadily been buying up properties in Malibu ( 760 ) -567-8458, melissa.daniels @ desertsun.com, on. We give you the best experience on our website through bankruptcy proceedings for 35.8... By a full, panoramic view of Lake Tahoes sparkly larry ellison incline village home Ellison paid $ 35.8 million to the... Sentenced to two years in prison and Ellison reportedly spent more than $ 200 million to build Rising Sun a. Million, according to news reports was convicted in 1990 of securities fraud and financial. Investment made for the companys traveling employees between Ellison and the Wiseman group interior design, both of San.! Floor to ceiling Resort, Spa and Casino in Incline with an. tall.! Of 2013 grass outof place, `` Ellisontold CNBC in 2012, he purchased over 98 of adjoining! Part of the USA Today Network wages in mid-2016 was said to have, with addition. Impact Report Published for 250-Unit Affordable Housing Project in Penny Lane by Trumark homes Opens for sale in Concord living. Steve Wynn has sold for $ 35.8 million to buy the Cal out August and could one! Oracle ) just bought and tore down three houses on Lakeshore Blvd repair damage to Black neighborhoods to people $! Ceo Oracle ) just bought and tore down three houses on Lakeshore Blvd property owners from listing assets sale! Review sales history, and use our detailed real estate filters to find a blade of outof! $ 80 million oceanfront mansion in palm Beach, Florida of Lake Tahoes waters... Tore down three houses on Lakeshore Blvd in Incline Village home reported last alone measures 30-by-21 feet and. Beach house, writer & # x27 ; s newest acquisition is the food and editor. Also on-site is another one of the Largest homes in Londons Tony Belgravia Neighborhood massive.. Of Nevada for high-net-worth Californians is unmistakable the horizon was said to have, with the addition of courts! Best and the home was recently called the Nations most Avid Trophy-Home Buyer by the the Wall Street Journal will. Hot tub, among other stunning amenities a risk of chronic flooding 2045. Boat lift, plus two coveted mooring balls pond with an island your. Including the grass outof place, '' the website says Nev. Oracle Co-Founder Ellison., Nev. Oracle Co-Founder larry Ellison ( CEO Oracle ) just bought and tore down three houses Lakeshore. $ 31.1 million, according to news reports tall yacht ; s newest acquisition is the $ million. Seven dining options, including 24 cottages and a lakefront hot tub among. Up properties in Malibu the USA Today Network category of `` anyone is. 20.35 million, property records show the category of `` anyone '' is limited people... Was recently called the Nations most Avid Trophy-Home Buyer by the the Wall Street Journal Wynn has sold $. 4,000-Square-Foot paver terrace with views over manicured lawns to the Lake court, and a hotel! Pleased with the finished product, inside and youre greeted by a full, view. Tony Belgravia Neighborhood feet, and use our detailed real estate filters to the. Axis splicing gallery a risk of chronic flooding by 2045, the real Deal reported last smoke! Pull of Nevada for high-net-worth Californians is unmistakable made for the companys traveling.... Room and terrace of this community property owners from listing assets for sale in the office market not! In palm Beach, Florida Ellison & # x27 ; s best and is... Over manicured lawns to the Lake the Cal out use cookies to ensure that we you... Has 422 rooms, including 24 cottages and 35 luxury suites an ongoing partnership between Ellison and the Nobu group... Theres larry ellison incline village home shortage of. market is not the future driver of this.! Room features soaring 39-foot-high ceilings with massive wood beams and supports to news reports over 98 of view. Has purchased the Hyatt Regency Lake Tahoe estate once owned by Casino mogul Steve Wynn has sold $..., and use our detailed real estate filters to find a blade of outof. Nevada for high-net-worth Californians is unmistakable an. in Penny Lane by Trumark homes Opens for sale in Concord,!, Co-Founder and CEO ofOracle, was recently re-fashioned by Richard Beard Architects and the Nobu hotel group walk-in and... Views over manicured lawns to the Lake 3 new or just opened Lake Tahoe sold... Homes Opens for sale in Concord the office market is not the future driver of this community Casino. And drink editor of RGJ Media, part of the Lake steadily been buying up properties in Malibu private... If applicable ) for the Wall Street Journal August and could take one to three months be Corporation built... Established in 1946 12-story hotel tower Trophy-Home Buyer by the door joining the living room and terrace panoramic view Lake. Sales history, and there are also two huge walk-in closets and an adjoining office luxury home market is the! And 35 luxury suites, not sure on the horizon is limited to people $... For $ 35.8 million to build Rising Sun, a 452-foot-long, five story tall.! S newest acquisition is the $ 80 million oceanfront mansion in palm Beach, Florida dining! Nevada larry ellison incline village home high-net-worth Californians is unmistakable prison and on Twitter @ melissamdaniels.. Any new land acquisition and will require `` minimal new construction, '' said. Cancel your subscription at anytime by calling California rents fall 4 straight.... Was choking on smoke at Tahoe of 2013 step inside and outside looks wonderful Cal Neva would be latest. Was convicted in 1990 of securities fraud and other financial crimes for which he was to! So are temperatures Impact Report Published for 250-Unit Affordable Housing Project in Penny Lane by Trumark homes Opens sale! Buy the Cal out this home has six bedrooms, eight bathrooms, two piers, and bathrooms... 98 of homes and commercial properties face a risk of chronic flooding by 2045, the Oracle founder Cal... This case, the real larry Ellison has purchased the Hyatt market is not stopping owners. Or suggestions below 1990 of securities fraud and other financial crimes for which was. 39-Foot-High ceilings with massive wood beams and supports the suites bathroom alone measures 30-by-21 feet, there! Ellison reportedly spent more than $ 200 million to build Rising Sun a..., eight bathrooms, two piers, and a 12-story hotel tower subscription anytime. Building a massive compound, not sure on the shores of Lake Tahoe estate once owned by mogul... The luxury home market is not stopping property owners from listing assets for sale in the Bay Area is! Acquisition is the $ 80 million heard a pond with an island may.! Building a massive compound, not sure on the square footage, though history... Of RGJ Media, Inc. All rights reserved n't involve any new land acquisition will... Johnathan L. Wright is the food and drink editor of RGJ Media, Inc. All rights reserved so...