In Los Olivos, California, debate over the future of a piece of property once owned by Michael Jackson is heating up. Last summer a company called Colony Capital, LLC purchased the loan on the property known commonly as Neverland Ranch.
KPCC has called Colony and the company won’t commit on their plans for the 2,500 acre site, but neighbors are worried that the ranch could be developed as a tourist destination in tribute to the King of Pop. They’ve recently formed a group called “NEVER” which refers to when they’d like to see a Graceland style-like resort in their community. Alex Cohen asked founder Bob Field what leads him to believe that Colony Capital has plans for the ranch’s development.