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Vallejo CA inks new public-private deal to redevelop Mare Island after Nimitz Group buys 500 acres

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Real Estate Agent with RE/MAX Gold DRE# 01494298

Hello Friends,

 

Vallejo Mare Island officially changed hands, the Nimitz Group purchased 500 acreas of land in Vallejo CA on Mare Island.

The city also announced on Friday that demolition of five more vacant buildings at the north end of the building had begun, to make way for redevelopment. On Sept. 29, Resource Environmental was awarded the contract to remove the buildings. Work started Nov. 13 and is expected to be complete by January. 

The Nimitz group is a partnership of vintner and distiller Dave Phinney, investor Gaylon Lawrence Jr. and Sebastian Lane, who owns Depiction Wines.

 

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