The ranch is expected to produce all-natural, hormone-free, grass-fed beef cattle on the once wooded property, in part to supply a planned chain of restaurants.
[2] A $30 million, 61,000-square-foot abattoir is also part of the plan as well as a biomass energy plant to power it.
Flow from Silver Springs has already dropped by 50% in the past few years due to an ongoing drought.
[5] Stronach is also developing an upscale golf course community (Ocala Meadows Farms) at U.S. 441 and State Road 326.
The $60 million development is the most recent venture for the founder Magna International and former owner thoroughbred horse racing tracks in Florida, Maryland and California.