“Back in California, a group of Silicon Valley moguls are pursuing something much grander: a proposal to build a city of 400,000 people on top of rolling hills an hour north of San Francisco (at the moment those hills are occupied by sheep farms and wind turbines). California Forever, the company behind the project, has spent about $1 billion acquiring 70,000 acres of farmland and put forth a plan to build a walkable community with nearby manufacturing and shipbuilding facilities.”

Maybe America Needs Some New Cities

“A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land.”

Michael Moritz, Reid Hoffman and Other Silicon Valley Titans Said to Be Behind Mysterious Land Deals

“In 2017 a mysterious company called Flannery Associates started amassing farmland in an eastern corner of Solano County. Flannery had no known business, shareholders or employees, yet in the space of a few years it spent about $950 million on about 70,000 acres, an area twice the size of San Francisco.”

A City Is Broke. Can Billionaires’ Urbanist Dream Offer It a Last Chance?