Tech Billionaires Buy 55,000 Acres Outside San Francisco To Start New City
August 27th, 2023Via: ZeroHedge:
The New York Times revealed a group of Silicon Valley billionaires are behind the $800 million in land purchases, or about the size of two San Franciscos, around Travis Air Force Base in Solano County, California.
We previously covered the mysterious Flannery Associates, which has quietly amassed a staggering 55,000-acre farmland portfolio encircling three sides of the military base. The landowners weren’t previously known until now:
Billionaire venture capitalist Michael Moritz, Reid Hoffman, the LinkedIn co-founder, venture capitalist and Democratic donor; Marc Andreessen and Chris Dixon, investors at the Andreessen Horowitz venture capital firm; Patrick and John Collison, the sibling co-founders of the payments company Stripe; Laurene Powell Jobs, founder of the Emerson Collective; and Nat Friedman and Daniel Gross, entrepreneurs turned investors. –NYT
Brian Brokaw, a representative of Flannery Associates, stated the investor group is mainly “Californians who believe that Solano County’s and California’s best days are ahead.” He said the group will begin talking with Solano County leaders, residents, and Air Force officials next week.
Looks like California will get the first US 15-minute city:
According to a social media post by Fairfield Mayor Catherine Moy this week, residents started receiving a survey via text message which mentions a new project that 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 10,000 acres of new parks and open space.
https://www.kcra.com/article/solano-county-land-purchase-travis-airforce-base/44894440#