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Flannery Associates, backed by tech leaders including Reid Hoffman, Marc Andreessen, and Laurene Powell Jobs, is trying to build a city near San Francisco.
A former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Silicon Valley heavyweights Reid Hoffman, Laurene Powell Jobs and Marc Andreesen are among the backers of a mysterious firm buying up nearly $1 billion of land near a California air force base – with purported plans to build the perfect city.
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.
They have already invested $800 million in the secretive urban project, while recently revealed plans remain vague.