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RE: LeoThread 2024-08-24 02:36

in LeoFinance2 months ago

Two other parcels of land owned by the LLC that are not part of the proposed Vacaville development are even closer to California Forever. This land — roughly 600 acres — is across the highway and down several miles from where California Forever hopes to build its solar farm.

All told, the Arrillaga family co-owns at least these three parcels totaling around 730 acres in the area. These were originally bought by their billionaire real estate developer father, John Arrillaga Sr., and his business partner, Richard Peery, in 1985, records show. The sale of any of the properties would likely also benefit Peery’s children, as he is listed as a co-director of A&P in state paperwork. A spokesperson for Peery Arrillaga, the real estate company founded by the two men, declined to comment.