Silicon Valley Elites Identified as Purchasers of $800M Land for Utopian City
Following weeks of local speculation, the purchasers of 55,000 acres of land in northern California have been unveiled. Flannery Associates, supported by a group of Silicon Valley investors, has discreetly procured $800 million worth of agricultural and vacant land, as reported by the New York Times. Their primary objective is to establish an idealistic new town that will offer residents dependable public transportation, urban lifestyle amenities, and an entirely clean energy infrastructure.
At the helm of the project is Jan Sramek, a former 36-year-old trader from Goldman Sachs, with notable Silicon Valley figures endorsing the endeavor. These luminaries include venture capitalist Michael Moritz, Reid Hoffman, co-founder of Linkedin, Laurene Powell Jobs, founder of philanthropic entity Emerson Collective and spouse of Steve Jobs, Marc Andreessen, an investor and software developer, Patrick and John Collison, sibling co-founders of payment processor Stripe, along with entrepreneurs Daniel Gross and Nat Friedman.
While Flannery has been amassing agricultural land and vacant parcels over the course of the last five years, their interactions with local officials and residents have only recently commenced. The firm's acquisitions have led them to become the principal proprietors of land in Solano county, positioned around the Travis Air Force Base in Fairfield. This city of approximately 120,000 residents is notable for housing the Anheuser-Busch Co brewery and the Jelly Belly jelly bean factory.
Recent reports suggest that Flannery has been conducting meetings with local representatives and officials. Additionally, the firm has been distributing public opinion surveys to gauge the sentiments of local inhabitants regarding an initiative that could potentially appear on the ballots of Solano county voters, as documented by SF Gate.
One excerpt from the survey reads, "This project would encompass a novel city featuring tens of thousands of new residences, a substantial solar energy farm, expansive orchards incorporating over a million new trees, and an excess of ten thousand acres dedicated to parks and open spaces."
Notably, the survey queries whether residents would endorse the project if it were situated within an area characterized by "unproductive soil contributing only 5% of the county's agricultural output," according to a Facebook post by Catherine Moy, mayor of Fairfield - the city in closest proximity to Flannery's acquisitions.
Despite the ambitious aspirations outlined by Flannery, the group confronts a formidable uphill struggle that could potentially impede every phase of creating a new city from scratch. Notably, the firm is contending with legal actions initiated by farmers who sold their land to Flannery. These farmers allege the existence of an "illegal price-fixing conspiracy." Achieving success necessitates obtaining approval from local and state authorities, securing the support of residents, and adroitly navigating the complexities of environmental and zoning considerations, according to the San Francisco Chronicle.
该项目由Jan Sramek领导，他是一名36岁的前高盛交易员，得到了硅谷的知名人士的支持。这些杰出人物包括风险投资家Michael Moritz、Linkedin的联合创始人Reid Hoffman、慈善组织Emerson Collective创始人兼史蒂夫·乔布斯的配偶Laurene Powell Jobs、投资者和软件开发者Marc Andreessen、支付处理器Stripe的兄弟创始人Patrick和John Collison，以及创业者Daniel Gross和Nat Friedman。
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