EPCOT 2.0: Silicon Valley Titans Invest $800 Million to Build Utopian City in Northern California

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

A consortium of Silicon Valley elites, led by the group Flannery Associates, has acquired 55,000 acres of land in northern California for $800 million with the ambitious goal of constructing a sustainable, utopian city.

by Breitbart News editor in chief Alex Marlow; Marc Andreessen, an investor and software developer; Patrick and John Collison, the sibling co-founders of the payment processor Stripe; and entrepreneurs Daniel Gross and Nat Friedman.

Flannery Associates has been acquiring farmland and vacant plots for the past five years but has only recently begun interacting with local officials and residents. It has been reported that Flannery has acquired land from local farmers, paying them prices significantly higher than the market value. As a result, Flannery has become the largest landowner in Solano county. The land acquired by the group surrounds Travis Air Force Base in Fairfield, a city of about 120,000 residents.

The group has also been sending out opinion polls to local residents to determine their feelings on an initiative that could appear on Solano county voter’s ballots. “This project would include a new city with tens of thousands of new homes, a large solar energy farm, orchards with over a million new trees, and over ten thousand acres of new parks and open space,” reads a screenshot of the survey obtained byDespite the grand vision, Flannery Associates faces a multitude of challenges.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mysterious new California city backed by some of the biggest names in Silicon Valley: reportA former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Mysterious new California city backed by some of the biggest names in Silicon Valley, report saysA former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Source: CNBC - 🏆 12. / 72 Read more »

Silicon Valley titans behind mystery $1B land buy near California military base: reportsSilicon Valley heavyweights reportedly want to use the land to build the perfect city.
Source: nypost - 🏆 91. / 67 Read more »

A mystery company backed by Silicon Valley billionaires has purchased tens of thousands of acres of land for more than $800 million to build a new city near San FranciscoA mystery company backed by Silicon Valley billionaires has been snatching up land in a northern California county in an apparent bid to build an e...
Source: AllSidesNow - 🏆 572. / 51 Read more »

Silicon Valley celebrating pride, 'Living Out Loud''It's a time when we're able to really just live out loud and be whoever we want to be.'
Source: abc7newsbayarea - 🏆 529. / 51 Read more »