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 Francisco

L4sBot@lemmy.worldmod to Technology@lemmy.world – 268 points –
businessinsider.com

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 Francisco::A company called Flannery Associates has been buying up land in Solano County for up to $15,000 per acre, court documents show.

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I would be excited about a well planned walkable good public transportation city during a housing crisis, but 100% of tech bro utopia ideas have been disappointments.

Lol jokes on them. My Norwegian visa is already being processed so good luck america. Lol

Let me out!!!!

I don't have european family, so I would have to get accepted on my own merit. I think maybe I can learn spanish and get into spain by working in cybersecurity or some tech thing ig 😮‍💨

Yes another way is to move to countries like Italy, Spain etc and once you become EU citizen then move to norway

I'm sure housing will be super affordable for all those service industry workers that will be needed to keep this place running. /s

Expect special visas for immigrant workers who will be effectively imprisoned there.

And an absolute social desert because no one else will want to be there.

This place is down the road from 2 major cities and several small towns. People already wanna be in this area. Even immigrant workers would have social mobility here, they could change jobs to working on vineyards, working in tech, or apply for nearby schools.

In 2017, Flannery Associates pitched an idea to turn the Solano County land into a walkable city powered by clean energy and housing tens of thousands of residents

Fuck it. I'm excited. We have so much demand for housing in this country, I don't even care if its a dystopian cyberpunk town anymore. Just give me a healthy place to live.

Would be nice, but sadly most real life examples of a walkable, human scale environment are either prohibitively expensive to live in, or inhabited by rich folks ☹️

Given that this is being bankrolled by them, i'm curious to see what restrictions they'll apply, if any.

I wish a company would build and oversaturate the market with walkable, human scale areas, to force prices down across the board... but that's beyond wishful thinking lol

"Got it, we'll build some $3500/mo studio apartments in the desert"

-Billionaires

Funny that before the identities of the buyers was known, everyone's go to theory was that it was a nefarious CCP plot.

We should let them build this and then build high speed rail lines directly through the richest, whitest neighborhood to make up for all the 20th century’s city planning decisions.

And before you wanna have principled or reasonable opposition to my plan, think about how funny it would be to eminent domain the investors’ luxury condo building(s). America needs a good laugh sometimes too.