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Why tech billionaires are trying to create a new California city
A group of Silicon Valley investors is behind the purchase of some 60,000 acres of farmland, as part of an ambitious plan to build a brand-new walkable city in the nation's most car-centric state. But will voters approve?
The plan for a new California city06:13 Starting back in 2017, something mysterious was going on just 90 minutes northeast of San Francisco: a secretive group was purchasing farmland – lots of it, some 60,000 acres – in rural Solano County. Something else surprising: Within hours of Dougherty's big scoop, this mysterious company launched a website and publicly identified itself as California Forever, an ambitious plan to build a brand-new kind of city for as many as 400,000 residents. California Forever Jan Sramek, a 37-year-old Czech-born, former Goldman Sachs trader-turned-aspiring city-builder, is trying to convince the public that the project isn't just an oasis for billionaires or some high-tech city of the future.
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