Dalidio ranch in escrow
May 23, 2013
Ernie Dalidio abandoned his plan to create a 131-acre mixed-use-development on his land adjacent to Highway 101 near Madonna Road in San Luis Obispo, and put the property up for sale.
The property, listed at $19,750,000, is currently in escrow.
The proposed sale is the latest chapter in an illicit 20-year battle to prevent Dalidio from developing his land.
James and Thomas Copeland, the owners of numerous properties in San Luis Obispo, battled against the project in an attempt to protect their business interests, hiding under protection of an LLC.
In 2010, the California Fair Political Practices Commission levied $80,000 in fines against the Copeland brothers and former banker David Booker for committing 16 campaign violations in their secretive battle against Dalidio’s project.
The state’s three-year investigation into the funneling of cash and gifts to the campaigns to stop Dalidio’s project revealed the city’s mayor, Jan Marx, was part of the unlawful effort.
Dalidio says he has had enough, and wants to move on.
“I have been at it for 20 years,” Dalidio said Thursday. “It is time to move on with our lives.”
San Luis Obispo County voters approved Measure J in 2006, entitling the property to uses including 530,000 square feet of commercial/retail, 198,000 square feet of business/office, 60 residential units, an organic farm and farmer’s market and sports fields. The property lies within San Luis Obispo city boundaries, but it is unincorporated.