Tech Investors' Land Purchase Sparks Concerns as Plans for New City Emerge
TL;DR Summary
Tech industry billionaires have been buying up land in Solano County, California, with plans to create a futuristic city, causing concern among longtime residents. Flannery Associates, backed by Silicon Valley investors, has committed around $900 million to secure thousands of acres of farmland. The rural area, known for its agricultural roots, is located between the Bay Area and Sacramento. Some residents fear that the changes will disrupt the quiet and rural nature of the community, while others worry about being priced out by the influx of techies.
- Where Tech Investors Are Buying Up Land, Locals Are Worried The New York Times
- Silicon Valley investors behind land purchase near Travis AFB want to build new city: source ABC7 News Bay Area
- Silicon Valley billionaires' potential plan to build city may soon stall Business Insider
- Maps: Here's what we know about the new city proposed in the Bay Area San Francisco Chronicle
- A California Land Mystery Is Solved. Now the Political Fight Begins. The New York Times
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