All articles tagged with #land acquisition
Denver Water may no longer need to acquire land near Burnham Yard for its campus expansion after reaching a deal with the Denver Broncos, who will provide alternative land and cover relocation costs for the utility, potentially avoiding eminent domain proceedings and easing concerns among local property owners.
Seventeen Republican governors, led by Arkansas Governor Sarah Huckabee Sanders, have written a letter to President Biden, Treasury Secretary Janet Yellen, and congressional leaders urging them to prevent foreign adversaries, particularly China, from buying U.S. land. The governors expressed concern over the national security threat posed by the Chinese Communist Party's acquisition of American land and criticized the Biden administration for failing to address the issue. They highlighted the need for a national response and called for congressional action to codify state-level foreign ownership laws into federal law. The governors also emphasized the importance of protecting national security, farmers, and citizens from adversarial foreign governments.
Residents of Solano County expressed their concerns and opposition to the proposed "California Forever" development during a tightly controlled town hall meeting. The billionaire-funded plan aims to build a new city in southeastern Solano County, but residents worry about the loss of arable land and doubt the promised job opportunities. Attendees criticized the lack of transparency and voiced concerns about the impact on Native American graves. Some residents believe that the millions spent on land acquisition would have been better invested in existing cities in Solano County, addressing issues such as homelessness and job creation.
The New Hanover County Board of Commissioners in North Carolina has unanimously voted to use eminent domain to acquire tax parcel R04916-003-003-000, which is currently occupied by the Cheetah Premier Gentleman's Club. The resolution includes a budget amendment of $2.36 million for the land purchase, and legal counsel has been selected to handle the condemnation process. Eminent domain allows the government to acquire private land for public use, provided "just compensation" is provided and there is a valid reason for the acquisition.
Flannery Associates, backed by Silicon Valley billionaires including Marc Andreessen and Laurene Powell Jobs, has completed its land acquisition for a utopian city in northern California. The company has purchased over 53,000 acres of farmland in Solano County, spending around $800 million. Renderings of the project, named California Forever, depict a car-free city with walkable streets and rowhouses. However, legal disputes have arisen between Flannery Associates and the landowners, with allegations of inflated land prices and "mobster tactics" used by the company.
Landowners in California have accused Flannery Associates LLC, a Silicon Valley-backed company, of using unfair and coercive tactics to force them to sell their land for the development of a sustainable city called California Forever. The allegations include pitting family members against each other, evicting farmers, terminating leases, and misleading landowners. Flannery, backed by prominent tech moguls, has filed a lawsuit alleging that the farmers conspired to inflate the value of their land. The company has spent $800 million to become the area's largest landowner and is seeking $510 million in damages. The project has faced criticism for its lack of transparency.
Syngenta Seeds, a subsidiary of China National Chemical Company (ChemChina), has been ordered by the Arkansas Attorney General to divest its ownership of 160 acres of agricultural land in Craighead County within two years. The order is in response to Acts 636 and 758, which prohibit certain foreign parties from acquiring any interest in Arkansas agricultural land and ban government contracts with the Chinese Communist Party. Syngenta released a statement expressing disappointment and emphasizing that no one from China has directed any Syngenta executive to engage in land acquisition in the United States. The company argues that the divestment will negatively impact the U.S. agricultural market and hurt Arkansas farmers.
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.
United Airlines is purchasing 113 acres of land in Denver for $33 million as part of its growth strategy. The airline plans to use the land for the expansion of its Denver pilot training facility and stated that the acquisition provides options for future growth. While United has been based in Chicago for decades and has thousands of employees there, the airline sees the need to expand its Flight Training Center in Denver, where it is the largest employer with about 10,000 employees and over 400 daily flights. There is speculation about the possibility of United moving its corporate headquarters from Chicago, which would be a blow to Illinois.
The United States Air Force is investigating a company, Flannery Associates LLC, that has purchased $800 million worth of land near Travis Air Force Base, raising concerns about national security. Despite an eight-month investigation, the government has been unable to identify the individuals behind the company or rule out any potential threats. Congressman John Garamendi has expressed alarm, believing that the land's proximity to the critical military base could facilitate spy operations or other nefarious activities. The company's acquisitions have raised suspicions, as they have paid significantly higher prices for the land than others. The lack of transparency and the inability to determine the motives behind the purchases have further fueled concerns.
The United States Air Force is investigating a company, Flannery Associates LLC, that has purchased $800 million worth of land near Travis Air Force Base, raising concerns about national security. Despite an eight-month investigation, the government has been unable to identify the individuals behind the company or rule out any threat to national security. The extensive and secretive nature of the land acquisitions, which now control three sides of the base, has prompted concerns that the land could be used for spying or other nefarious activities that could impact the base's operations. The company claims to be a group of American families diversifying their portfolio, but Congressman John Garamendi remains skeptical and questions the secrecy surrounding the purchases.
Microsoft is in talks to purchase a 315-acre parcel of land in Mount Pleasant to create a data center campus. The proposed development will be considered by the Mount Pleasant Village Board and the Racine County Board. If approved, construction is expected to begin in 2026. Foxconn will receive the proceeds from the land sale and release all rights to the 315 acres.