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'Working to preserve the rich heritage of the Temecula Valley'
'The palest ink is better than the best memory.'
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JANUARY 2019 FEATURE ARTICLE

The 'Kaiser Role" in the Years After the Sale of
Vail Ranch

    

Adapted from Jeff Minkler’s presentation at the 2018 Annual Dinner

     The original purchase of the land from the Vail family was made in December 1964. It was 87,500 acres for $21 million. The area was named Rancho California, a real estate joint venture between Kaiser Aluminum, Kaiser Industries and Macco Construction. Each partner contributed $7 million. Macco, the Southern California home builder who originally discovered the property, was the managing partner for the first five years of the project. The Kaiser companies were more like money partners, but each voted on management and finances.

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JANUARY 2019 - The "Kaiser Role" in the Years After the Sale of Vail Ranch