"Tech Billionaires Unveil Map and Details of Proposed California City Development"

TL;DR Summary
Promoters of a secretive Silicon Valley-backed ballot initiative to build a new city on farmland between Sacramento and San Francisco are revealing details of their plan, which includes a new community with up to 400,000 people and a focus on creating jobs and affordable housing. The project, led by California Forever, aims to address the housing shortage in the San Francisco Bay Area and attract major employers to Solano County. However, critics question the feasibility of the plan and argue that existing cities in the area could benefit from investment instead.
Topics:nation#ballot-initiative#businessreal-estate#california-forever#housing#silicon-valley#solano-county
- Silicon Valley billionaires behind secretive new California city reveal map and other details of proposed development Fortune
- California Forever to file ballot initiative for Solano County development KCRA 3
- Billionaire backers of new California city reveal map and details of proposed development Yahoo Finance
- California Forever: Tech billionaires take city plans to voters San Francisco Chronicle
- Billionaire-Backed Developer Asks Voters to Approve New California City Bloomberg
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
82%
492 → 91 words
Want the full story? Read the original article
Read on Fortune