Lorna Sheridan, SONOMA INDEX-TRIBUNE
Chinese real estate developer Tohigh Investments appears to be walking away from its plan for a high-end resort at the base of Hood Mountain in Kenwood.
Sources close to what was supposed to be the Sonoma Country Inn development said that the 186-acre property is now on the market, although the company’s official real estate and lobbying representatives reached on Monday were unable to confirm its status.
Initial development plans for the former Graywood Ranch property were first approved in 2004, when the parcel was dubbed La Campagna. But the development proposal languished for a decade, due in part, to the economic downturn in 2009.
Tohigh purchased the Kenwood property in 2014 for $41 million from Bob Piccinini, chairman and CEO of Modesto-based Save Mart Supermarkets. Tohigh is a subsidiary of Chinese conglomerate Oceanwide Holdings.
Despite some fierce neighborhood opposition, the Sonoma County Planning Commission voted unanimously in 2017 that the Tohigh project had a vested right to go forward.