Silicon Valley billionaires secretly buy up land for new California city
- Reference: 1693248292
- News link: https://www.theregister.co.uk/2023/08/28/silicon_valley_new_city/
- Source link:
No, we're not talking about a new fantasy city in [1]Morro Bay - this dream city of the future lies near Silicon Valley and San Francisco on the north end of San Pablo Bay, and would be created in vacant tracts of land in Solano County - if the planned metropolis ever comes to fruition.
The move is being spearheaded by a mysterious company known as Flannery Associates, led by founder and former Goldman Sachs trader Jan Sramek. Along with Sramek, investors include LinkedIn cofounder Reid Hoffman, Marc Andreessen, venture capitalist Michael Moritz, and even Laurene Powell Jobs, wife of late Apple boss Steve Jobs.
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It's unclear how much each has invested, the New York Times said in its [3]report of Flannery's plans.
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Until recently, news of Flannery's scheme was kept from Solano locals, such as Fairfield, California mayor Catherine Moy. She figured out who was buying up property in the area for far more than the asking price by going to the county assessor's office and looking at the records.
Huawei CEO hopes to woo foreign boffins to work on 6G in Shanghai campus that feels just like home [6]READ MORE
Moy, who didn't immediately respond to requests for comment, has been posting about the mystery land grab on Facebook for years, the Times said, most recently expressing concerns about the purchase of land surrounding Travis Air Force Base - which is the [7]busiest AFB in the US. One hopes the new city homes will be soundproofed.
Since then, Flannery has filed a [8]lawsuit [PDF] against local property owners, accusing them of colluding to boost property prices. Court records indicate that some of the property owners have settled with Flannery, while others have continued to contest the claims of collusion and asked the suit be [9]dismissed [PDF].
None of this, obviously, proves Flannery wants to build a sprawling city that's as walkable as Paris, New York, or London, which in theory could generate thousands of jobs and provide housing near the crowded Bay Area region. But pitches sent to investors by Moritz and reportedly seen by the NYT indicate just that.
Zoning laws and other complications
Moritz reportedly admitted that California's notoriously tricky zoning laws could "clearly be challenging" for the future of the billionaire-backed metropolis.
That means Flannery will likely have to get its plans approved by a vote of Solano County residents, thus the scheme is anything but assured, given Northern California's NIMBY tendencies.
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Flannery representatives have begun reaching out to local elected officials and leadership at Travis AFB to discuss their plans. Locals also reportedly began receiving text and email polls asking for their thoughts on a ballot initiative to build "a new city with tens of thousands of new homes, a large solar energy farm, orchards with over a million new trees, and over 10,000 acres of new parks and open space."
But there's at least one problem with this idyllic vision: Solano County regularly faces serious droughts and while it's not in one currently, a look at historic conditions (bottom of [11]this page ) show that it's been incredibly dry in the region until earlier this year.
According to Moy, the area also has poor transportation infrastructure already clogged by commuters traveling to the Bay Area. Oh, and it is also prone to wildfires. "It seems very pie in the sky," Moy said.
Stop trying to build cities in the desert, billionaires
Flannery Town, or whatever it would end up being called, is [12]hardly the first future supercity to be proposed by the ultra-wealthy, nor the first to want to plop itself down in a region that's generally inhospitable to human habitation.
Elon Musk, for example, has been buying up thousands of acres in Bastrop County, Texas, east of Austin, [13]reportedly to build a city to be used for employees at the nearby Tesla Gigafactory and Boring Company facilities. Bastrop County, like Solano, suffers [14]frequent droughts ; all of the county is currently in extreme or exceptional drought conditions, and is considered to be [15]incredibly vulnerable to external stressors on human health - like drought and heat.
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[17]Telosa , another billionaire dream city that's the brainchild of former Walmart eCommerce US CEO Marc Lore, hasn't decided on a location yet, but is reportedly considering sites in the desert between Nevada, Arizona and Utah. Again, not the most hospitable of places before human infrastructure [18]made things worse .
[19]Hong Kong wants to be the world's home for virtual assets
[20]China rolls out bots to enforce 'temporary closed-off management' of Shanghai
[21]How long till some drunkard puts a foot through one of BT's 'iconic, digital smart city communication hubs'?
[22]Smart thermostat swarms are straining the US grid
To be sure, there's an argument to be made that building entirely new urban centers based on sustainable design that could be beneficial to the environment. Living environments designed around the [23]15-minute city concept , which proposed communities like Telosa have adopted, would mean shrinking one's daily need to commute to near zero and could ease traffic congestion and emissions.
And, in the context of billionaire business people buying up land to house workers, the concept of company towns is, of course, [24]not new .
But as architect and former American Institute of Architects President Carl Elefante said, "The most sustainable building is the one that is already built."
Per its lawsuit, Flannery has enough cash to offer $15,000 per acre to Solano residents. Rather than tossing billions of dollars at another testament to our failure to adapt to climate change, maybe some of that cash could go toward improving things in San Francisco, New York, or another overcrowded city.
Of course, this would mean less profit for billionaires wishing to become the new landed gentry of their own private fiefdoms, so hooray for our future desert burbclaves. ®
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[1] https://cyberpunk.fandom.com/wiki/Night_City
[2] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2ZO0ZA9YGgcmfJPiZb-Y3gwAAAxc&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[3] https://www.nytimes.com/2023/08/25/business/land-purchases-solano-county.html
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44ZO0ZA9YGgcmfJPiZb-Y3gwAAAxc&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[5] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33ZO0ZA9YGgcmfJPiZb-Y3gwAAAxc&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[6] https://www.theregister.com/2021/09/15/huawei_6g_patents_foreign_talent/
[7] https://www.travisafbaviationmuseum.org/travis-afb-history
[8] https://regmedia.co.uk/2023/08/28/flannery-solano-property-suit.pdf
[9] https://regmedia.co.uk/2023/08/28/flannery-solano-dismissal-request.pdf
[10] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44ZO0ZA9YGgcmfJPiZb-Y3gwAAAxc&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[11] https://www.drought.gov/states/california/county/solano
[12] https://www.businessinsider.com/billionaires-built-towns-islands-elon-musk-larry-ellison-peter-thiel-2023-4#elon-musk-is-planning-to-build-his-own-town-for-spacex-and-the-boring-company-workers-outside-of-austin-texas-according-to-a-recent-report-from-the-wall-street-journal-1
[13] https://www.theregister.com/2023/03/10/welcome_to_muskville/
[14] https://www.drought.gov/states/texas/county/bastrop
[15] https://www.atsdr.cdc.gov/placeandhealth/svi/index.html
[16] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_offbeat/front&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33ZO0ZA9YGgcmfJPiZb-Y3gwAAAxc&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[17] https://cityoftelosa.com/
[18] https://www.theregister.com/2022/07/13/intels_net_positive_water_use/
[19] https://www.theregister.com/2022/10/31/hong_kong_virtual_asset_hub_plan/
[20] https://www.theregister.com/2022/04/06/shanghai_lockdown_robots/
[21] https://www.theregister.com/2021/09/17/bt_street_hub_2/
[22] https://www.theregister.com/2022/07/13/smart_thermostat_strain/
[23] https://www.15minutecity.com/
[24] https://en.wikipedia.org/wiki/Company_town#Examples
[25] https://whitepapers.theregister.com/
They keep trying to build in deserts
Because that's where land is cheap, and is where they don't want to live.
Re: They keep trying to build in deserts
Yeah, and it always works out like California City or Arcosanti. How many grand visions either lie in ruin in the desert or never were more than tracks in the sand and wishful thinking.
A dream of empire doth not an empire make.
Re: They keep trying to build in deserts
Not like most American cities -- built on prime agricultural land, with dependable water supplies for farming.
Personally, I think that putting the people where things can't be grown is a sensible option.
Re: They keep trying to build in deserts
The reason most cities are on land that would otherwise be good for farming is because most cities were built near water until railroads and later interstate highways made it feasible to locate cities shipping couldn't reach.
He needs to hire the Boring Co.
Dig a big tunnel to the nearest source of open water, looking at the map that might be Grizzly Bay, and install some revolutionary solar powered de-salinisation plant to water the city, job done :-)
Based on Musks claims, it should be eminently doable, likewise for his own enclave near Austin, only, what, about 200Km to the coast? Musk slar storage batteries ought to be useful in this case too to keep those desalinator running in the dark.
Re: He needs to hire the Boring Co.
Musk solar storage batteries ought to be useful in this case too to keep those desalinator running in the dark.
Or make it easy to find in them dark, given their propensity to catch fire..
Arcosanti
https://en.wikipedia.org/wiki/Arcosanti
For my sins I remember it rising from the desert during the 1970s.
You did have to be mad to work there, and it didn't help...
I guess what Arizona can do today, California can throw money at tomorrow.
Just build a Perkins AFB next to Travis AFB and people will be able to buy stuff to build their own homes.
So, not 'Rapture'?
When I first saw that Musk wanted to build a city, 'Rapture' from the game Bioshock came to mind for some reason...
Re: So, not 'Rapture'?
I thought [1]Eden-Olympia from JG Ballard's Super-Cannes
[1] https://en.wikipedia.org/wiki/Super-Cannes
A fantastic idea
A walled-in community where we keep all of the rich and ensure their money is used so that they can’t get out and upset the real world …
It could probably be energy self-sufficient using wind and egotricity.
Galt's Gulch
This NEVER works. Tech douche bros and fintech douche bros are so out of touch with reality it's not even funny any more.
they've spent the past five years buying up thousands of acres of land
Could the mayor or the council not just pass a law renaming the area Asshole City? That would look great on the maps and all their mail.
Those Who Live By The Sword
Since then, Flannery has filed a lawsuit [PDF] against local property owners, accusing them of colluding to boost property prices.
I always thought the essence of Capitalism was Buy Low --- Sell High combined with Never Give A Sucker An Even Break .
Diaspar ?
or Lys ?
Two words
"Company Town"
https://en.wikipedia.org/wiki/Company_town
And I have to comment... If it was such a great area to live, then it would have been developed already.
Something tells me...
this not going to be the next Bournville.
Flannery Row.
By the time a new city was built, the billionaires would all be very old or dead and California would be uninhabitable. You have to be younger to build a city.
If you do want to do this in the Southern half of the US, the first thing to sort out is industrial scale desalination.
You can have your daily needs shrunk by a high court judge: The 15 minute city concept is just a garden prison.
don't forget
the trillion dollar mega building Saudi Arabia apparently wants to build, to house apparently 5 million people in one building in the desert? Read a couple articles on this new land investment thing going on most of it had to do with national security concerns about the air force base. My only thought was well if the government is so concerned about the area around the base they should have acquired enough land around it in advance so they wouldn't have to worry now, or in the future. (reminds me of Area 51 and the massive area of land around the place that seems devoid of anything).