Utopian cities, robots | Shooting the Breeze
Well, folks, I was wrong about the ‘foreign investors from China’ theory buying up ground by Travis Air Force Base in Solano County.
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Well, folks, I was wrong about the ‘foreign investors from China’ theory buying up ground by Travis Air Force Base in Solano County.
A group of prominent Silicon Valley investors is backing a land acquisition project in central California, USA, with the intention of constructing a new city.
Flannery Associates is now the largest landowner in Solano County, which is about 60 miles northeast of San Francisco, after snapping up more than 50,000 acres of farmland for more than $800 million.
A billionaire-backed company has purchased tens of thousands of acres of land outside of San Francisco with the apparent intent of constructing an entirely new city, Insider and The New York Times report. The mysterious firm, dubbed Flannery Associates, has so far spent $800 million on mostly undeveloped ranch land in California's Solano County, court […]
Legal representation for Flannery has maintained the group is controlled by U.S. citizens, with 97% of its capital coming from U.S.-based investors.