We are in contract to purchase an extraordinary site with stunning views of the Mayacamas Mountains in the city limits of the charming town of Cloverdale.

This site has been approved for development for 20 years. It is governed by an Existing Plan that already allows for retail, office, hundreds of homes, a flagship hotel, a golf course, and some light industrial uses.

As of early 2026, we are working to update the existing approvals to our Revised Plan to use less water, provide more public access, better respond to the current market, and better align with Cloverdale's values and goals.

Artist rendering for illustrative purposes only. Does not necessarily represent final approved plans.

Our vision is to build walkable, compact village made up of an extraordinary resort hotel, vibrant community-oriented piazza, residences, community event spaces, and a publicly-accessible open space network filled with trails, playgrounds, and sports fields.

We are targeting approvals of this Revised Plan in 2026.

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Benefits to Cloverdale

Cloverdale has been operating with a structural budget deficit, spending more than it takes in. This year, the deficit is $2.1 million.

If this trend continues, the City will need to cut services or raise taxes, like the Measure DD sales tax.

Esmeralda is projected to generate a $2+ million annual net fiscal surplus for Cloverdale (i.e. after accounting for added public expenses).

160+ acrespublicly accessible parks & trails

455permanent on-site jobs

$13.4M/yearProperty Tax to City, County, Schools, Fire, etc

Fund schools

Generate $3.9 million annually for Cloverdale's schools—a nearly 20% increase in CUSD's budget—helping prevent cuts to teachers, staff, & programs.

Grow jobs, tax revenue & downtown customers

Create 455 permanent on-site jobs & turn the City's deficit into a $2+ million annual net fiscal surplus, while attracting customers into downtown.

Improve fire safety & water resiliency

Build a 1 million gallon public water storage system to help pressurize the City's system & increase fire safety, add a new water supply well for the City, & create bioswales & wetlands to replenish the Russian River aquifer.

Provide fun & learning to everyone

Replace the previously approved golf course with 160+ acres of new trails, playgrounds, sports fields, performance spaces, & a riverfront park for the people of Cloverdale.