On Tuesday, the Peninsula Open House Belief, an environmental group based mostly in Palo Alto, introduced it had bought the 1,921-acre Mead Ranch from the heirs of the late billionaire Stephen D. Bechtel, Jr., whose household had owned it since 1954, for $24.3 million.
The property is the latest massive ranch that the group, generally known as POST, has acquired lately within the hills surrounding Coyote Valley south of San Jose or in Coyote Valley itself, an space as soon as slated by Apple and Cisco within the Nineteen Eighties and Nineteen Nineties for improvement however which San Jose leaders have prioritized for wildlife, open area, watershed, and farmland safety.
POST officers say they anticipate to switch a lot of Mead Ranch to the Santa Clara Valley Habitat Authority, a authorities company that preserves open area for wildlife. Additionally they are contemplating permitting development of a 1.5-mile section of the Bay Space Ridge Path by the ranch, a scenic oak-studded property that types a key hall for mountain lions, deer, and different wildlife.
