Mansion's owner bared
Source: Agencies |
March 27, 2011, Sunday
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Print Edition
Print Edition
A Saudi prince is the previously unidentified owner of a proposed mega-mansion site that has been the subject of gold-plated protest in the wealthy neighborhoods around Beverly Hills in Los Angeles, the property's previous owner said on Friday.
Prince Abdulaziz ibn Abdullah ibn Abdulaziz Al Saud - one of the sons of Saudi King Abdullah - in 2009 bought the three adjacent parcels with the famous 90210 zip code in Benedict Canyon, where the massive mansion on Tower Lane that is roughly the size of the famed Hearst Castle is set to be built, movie producer Jon Peters said.
The prince paid US$12 million for the 2.1-hectare hillside lot, set up a business, Tower Lane Properties Inc in London, and made lawyers and contractors sign secrecy agreements to hide his identity.
Residents of the neighborhood that is home to David Beckham and rocker Bruce Springsteen held a news conference last week objecting to the palatial home. They said the project is oversized for the narrow streets, and that years of construction will destroy their quality of life.
Prince Abdulaziz ibn Abdullah ibn Abdulaziz Al Saud - one of the sons of Saudi King Abdullah - in 2009 bought the three adjacent parcels with the famous 90210 zip code in Benedict Canyon, where the massive mansion on Tower Lane that is roughly the size of the famed Hearst Castle is set to be built, movie producer Jon Peters said.
The prince paid US$12 million for the 2.1-hectare hillside lot, set up a business, Tower Lane Properties Inc in London, and made lawyers and contractors sign secrecy agreements to hide his identity.
Residents of the neighborhood that is home to David Beckham and rocker Bruce Springsteen held a news conference last week objecting to the palatial home. They said the project is oversized for the narrow streets, and that years of construction will destroy their quality of life.
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