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...partnership with two local builders, Westinghouse Electric is buying 8,000 acres south of San Francisco for a complete oceanside community. Beer-making Anheuser Busch recently bought 4,000 acres of Virginia countryside near Williamsburg and will develop an industrial town. Boise Cascade Corp. (1968 sales, $1 billion) has spread into almost every corner of the business: factory-built houses and mobile homes, on-site homes, apartments, leisure-home projects and urban renewal...

Author: /time Magazine | Title: Business: WHY HOUSING COSTS ARE GOING THROUGH THE ROOF | 10/31/1969 | See Source »

...chairman of the corporation's board of trustees, announced a plan that could have as much impact on the area as anything his father ever instigated. Taking time out from the Southern Governors' Conference, Rockefeller reported that he had made a deal with Beer Baron August A. Busch Jr. to build the largest single private industrial development in Virginia's history. Just outside Williamsburg, the Anheuser-Busch Co., producer of Budweiser and Michelob, will put up a brewery, as well as an industrial park, a housing development, a golf course, a marina on the James River...

Author: /time Magazine | Title: Real Estate: Williamsburg's New Flavor | 9/26/1969 | See Source »

...project, which will cost $40 million initially, had an unusual beginning. At first, Gussie Busch planned to build a brewery at Newport News, ten miles away from Williamsburg. He sought out his old friend Win Rockefeller and assured him that the brewery would in no way dilute Williamsburg's colonial flavor. Rockefeller agreed, and said that he would not mind a bit if the plant were even closer -say, on a 2,500-acre tract that the corporation owned within musket shot of the restored city. Soon after, Busch discovered that the soil at Newport News would not support...

Author: /time Magazine | Title: Real Estate: Williamsburg's New Flavor | 9/26/1969 | See Source »

...site, for which Busch paid the restoration corporation $3,500,000, is in James City County, the nation's oldest. Mounting educational costs have led the county to the edge of bankruptcy. The Busch project could double the county's $80 million tax base in a few years. The development is also likely to attract more tourists to Williamsburg. Perhaps some will emulate Patrick Henry, Thomas Jefferson and George Washington, all of whom were known to hoist a few brews in those very environs almost 200 years...

Author: /time Magazine | Title: Real Estate: Williamsburg's New Flavor | 9/26/1969 | See Source »

...Texas boasts an impressive heed of 40 white-tailed deer, plus quite a few rabbits, ground squirrels and other rodents. But it has been woefully short in the buffalo department, with only one bull and four cows. That situation has just been corrected by Budweiser Beer Baron August Busch, a longtime friend of L.B.J., who sent the ex-President four of the shaggy ungulates-two bulls and two cows-from his private preserve at Grant's Farm outside St. Louis. Busch will hardly miss the beasts; he still has 37 of them roaming free on his 300-acre farm...

Author: /time Magazine | Title: People: Jul. 18, 1969 | 7/18/1969 | See Source »

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