271

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 (www.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

35 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[-] Franzia@lemmy.blahaj.zone 14 points 1 year ago

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.

[-] lemann@lemmy.one 9 points 1 year ago

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

[-] jscummy@sh.itjust.works 6 points 1 year ago

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

-Billionaires

this post was submitted on 27 Aug 2023

271 points (97.2% liked)

Technology

59118 readers

3148 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS