The Land Report


The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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Page 21 of 99

MarketWatch A National Roundup of Rural Real Estate News COMPILED BY STEPHEN O'KEEFE, CFA MIDWEST Illinois Gaming Board Approves Casino Expansion Churchill Downs (CHDN) galloped ahead by 10% after the proposed expansion at Rivers Casino got board approval. Buy with a price target of $130. SOUTH Rock-Solid Growth for Martin Marietta Materials Washington's proposed $2 trillion infrastructure program could stoke demand for the company's crushed stone and aggregate to record levels. GREAT PLAINS South Dakota Emerges as a Force in Wind Energy Although it didn't have a single turbine until 2003, South Dakota now produces more than 1,000 MW, more than 30% of its total electrical requirements. SOUTHWEST Activist Investors Target Texas Paci-c Land Trust The land trust owns more than 900,000 acres plus additional royalties. Activists decry its four-member board and their atypical lifetime appointments. NORTHEAST Two Private Islands Come to Market Near Manhattan Located offshore from New Rochelle, Columbia and Pea Islands are listed for $13 million with Patti Anderson at Julia B. Fee Sotheby's International Realty. GREAT LAKES Michigan Allows Farmers to Install Solar Arrays A task force set up by Gov. Gretchen Whitmer greenlighted the plan as an opportunity for farmers and rural landowners to develop new revenue streams. WEST Blackfeet Nation to Establish a National Park? The tribe owns 3,000 square miles adjacent to Montana's Glacier National Park. Next up is a feasibility study to determine potential visitation numbers. PACIFIC Santa Clara Water District Eyes Central Valley Cattle Ranch The 5,200-acre ranch would be used as a water bank during droughts. Farm operators see a power play to acquire coveted water rights. 20 L ANDREP ORT.COM e LandReport | SPRING 20 19

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