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Stonyford Ranch hosts Field of Dreams annual Kid’s Fishing Day


By Press Release
May 20, 2013

The Marks family was proud to once again host the Field of Dreams annual Kid’s Fishing Day at the Stonyford Ranch, in Stonyford, California.  Fourteen families and a total of 34 children were in attendance. 

The kids and their families had the chance to catch fish either from a pier or from a boat.  The boats were a big hit with the kids and were 100% occupied throughout the day.  A lunch was hosted back at the Ranch headquarters where the kids also had the chance to meet a Cal Fire crew and had the opportunity to spray water from the fire engine’s hose, turn on the lights and sound the siren.

For more information please visit the Field of Dreams website.


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Tower Investments buys Auburn Bluffs Estate subdivision, Auburn, CA

By Press Release
May 3, 2013

Tower Investments is pleased to announce the purchase of the Auburn Bluffs Estates subdivision in Auburn, CA.  The project is currently approved with a final map for 46 townhome lots.  Tower intends to continue processing a tentative map for 29 single family dwelling lots for the property to offer greater flexibility to prospective buyers.  Located a short distance from historic downtown Auburn, this commercially-finished “in-fill” project offers premium views of the American River Canyon and distant views of Folsom Lake.


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Work starts on 345-acre Stream Valley community in Franklin

By Nevin Batiwalla - Nashville Business Journal
June 20, 2012

Residential development is underway on Stream Valley, a massive mixed-use project in southern Williamson County.

In April, Tower Investments LLC and Tennessee Contractors Inc. paid $5.8 million for the 345-acre planned community near the intersection of Goose Creek Bypass and Lewisburg Pike in Franklin.

The land is zoned for 824 single-family homes, 240 condos/apartments, 290,000 square feet of office space and 10,000 square feet of retail. The planned community is located near Boyle Investment Company's mixed-use Berry Farms development.


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Sale of Iowa Distribution Center

By Press Release
January 11, 2012

Tower Investments has sold its Fairfield, Iowa Distribution Center. The sale consisted of 210,000 square feet of distribution warehouse space and 25 acres of adjoining land. Tower owned the property for 6 years and had leased the Distribution Center to Books Are Fun, a Division of Readers Digest.

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Tower gets victory in convention center case

By Nate Rau - The Tennessean
December 3, 2011

Project budget at risk as judge agrees Metro underpaid for land
 
The budget for the new convention center was dealt another blow Friday when a Nashville judge affirmed an earlier jury ruling that said Metro did not pay a fair price for a critical piece of land for the project.

The Metro Development and Housing Agency, which was in charge of acquiring land for the Music City Center, hoped Circuit Court Judge Joe Binkley would reduce a critical July jury verdict in the contentious eminent domain case against development firm Tower Investments. Instead, Binkley agreed with the jury's verdict that MDHA undervalued the land, which the city condemned and took from Tower to construct the new convention center south of Broadway.

Binkley rejected motions filed by MDHA seeking a new trial or to have the $30.4 million jury verdict reduced.

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Tower Investments and Carrell Family sell 4 parcels for $180/square foot in downtown Nashville (site of new Music City Omni Hotel) for $31.7 million

By Press Release
July 11, 2011

Date
Sq. Ft.
Price/Sq. Ft.
Seller
Buyer
05/18/2011
27,704
$180.14
Tower
TN Dept. of Transportation
12/23/2010
4,529
$179.68
Tower
Omni Hotels
11/18/2010
41,622
$181.57
Carrell Family
Omni Hotels
11/04/2010
102,070
$179.68
Tower
Omni Hotels
 
Average
$180.27
 
 

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Forbes Lists Nashville As No. 3 Boom Town

By Janet Kim - News Channel 5
July 8, 2011

NASHVILLE, Tenn. - Music City is getting national attention as one of the country's top boom towns. Forbes.com has listed Nashville in their top five.
 
In order to put together the list, Forbes with the help of a strategy group determined what cities were best positioned to grow and prosper in the coming decade. Nashville came in third.
 
Forbes looked at the 52 largest metro areas in the country and ranked them based on past and present growth. According to the report, Nashville earned its ranking for low housing prices and pro-business environment. The city has also experienced a rapid growth in educated migrants. The city is also seeing growth in new ethnic groups, such as Latinos and Asians.
 
Two advantages specifically cited for Nashville and other rising Southern cities area a mild climate and a smaller scale. Music City does not appear to be suffering from transportation bottlenecks reported in older growth hubs.
 
Among other cities on the list, Austin, Texas is ranked number one. Raleigh, North Carolina is ranked two. San Antonio, Texas and Houston, Texas were numbers four and five. Several of the nation's former boom towns are now toward the bottom of the list. Los Angeles and Chicago are tied for 47th place.

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Sale of Northern California Ranch land to two Indian tribes

By Press Release
July 8, 2011

Tower Investments has sold 7,934 acres of its ranch land in Northern California - to two Indian tribes. Tower Investments had owned and operated these ranches for many years.
 
Yolo County, CA:
Yocha DeHe Wintun Nation: 1,494 acres - added to its ongoing stewardship of its ancestral lands and its culture. The tribe operates diversified farming and ranching operations in Capay Valley, and includes winemaking and olive oil production. The Nation also owns and operates the Cache Creek Casino Resort, the largest private-sector employer in Yolo County.
 
Colusa County, CA:
Cachil DeHe Band of Wintun Indians: 6,440 acres, adding to its diversified ranching and farming operations. The tribe grows crops that include tree crops, grains and field crops, including 2,800 acres of rice. The tribe's reservation is the Colusa Rancheria, founded in 1907. The tribe also owns and operates the Colusa Casino Resort.

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FONTANEL MANSION and FARM HOUSE RESTAURANT RANKED BEST OF NASHVILLE

By Press Release
October 7, 2010

Nashville Scene Lists New Destination and Eatery in Annual Reader's Poll
 
(Nashville, Tennessee) -- October 7, 2010 -- After opening to the public exactly four short months ago, the residents of Middle Tennessee have voted the Fontanel Mansion and Farm one of the Top 3 in the category "Best Thing That's Changed in Nashville in the Last Year" in the Nashville Scene's 21st Annual Best of Nashville issue which just hit newsstands. Nashville's newest visitor destination ranked just behind "Volunteer spirit after May flood" and "We are Nashville" in the high-profile readers' poll. In addition the Farm House Restaurant at Fontanel was highlighted in the "Best Culinary Trend: Growing Your Own Food" category in the "Food and Drink 2010: Writer's Picks" in the same issue.

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Charity Events held at Stonyford Ranch

By Steve Marks
September 1, 2010

 


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