Michael Jackson's Neverland Ranch could become state park
Michael Jackson’s 2,500-acre Neverland Ranch could become a state park, if a California legislator gets his way. California Assemblyman Mike Davis has publicly floated the idea, saying that he may officially submit a bill or resolution on the matter when state politicians reconvene in August. Currently, Neverland Ranch is owned jointly by Jackson’s estate and investment group Colony Capital (currently the frontrunner to acquire Miramax Films). Describing California’s current $19 billion deficit as an “economic shortfall,” Davis acknowledged that “it would be difficult for the State Parks Department to purchase the property alone,” and that he would likely propose a private-public partnership.