Construction of the city of the future for Silicon Valley billionaires was frozen due to bureaucracy

The project of the ecological techno-city “California Forever” was frozen for an indefinite period of time. At a minimum, you will have to wait for the completion of the environmental assessment, which can last at least two years. The resubmission of documents to obtain permission to build the dream city will take place in 2026. Local residents also want to know more about the project, the details of which remain unknown.

Image Source: California Forever

Plans to build a city of the future in San Francisco Bay from scratch became known about a year ago. A certain American company, Flannery Associates, was then seen purchasing agricultural land in Solano County. The amount in question was around $800 million. This aroused the interest of some and the resistance of others, and led to a speculative jump in land prices.

According to a Times report last year, a group of Silicon Valley investors is behind the project, including LinkedIn co-founder Reid Hoffman, Andreessen Horowitz investors Marc Andreessen and Chris Dixon, and former GitHub CEO Nat Friedman. and Emerson Collective founder and Steve Jobs’ widow Laurene Powell Jobs. According to the source, they secretly began to buy land 100 km from San Francisco to build a city according to their own understanding.

This should be a new type of city, in which everything will be rethought – construction methods, architecture and even the form of government. Details of the project remain vague, but the infrastructure alone will cost billions of US dollars. Local authorities are still skeptical about this initiative and are demanding public hearings. From the point of view of the project organizers, it is proceeding as usual. The documents are being sorted and an application for a work permit is being prepared, which will be resubmitted in 2026. But, according to local authorities, the dream project is in “deep freeze” and its fate is still in doubt.

admin

Share
Published by
admin

Recent Posts

US Commerce Secretary Indicates Trump Will Still Move Electronics Manufacturing Away From Taiwan

The exemption of semiconductor product categories from increased U.S. tariffs was only a temporary measure,…

22 minutes ago

Trump says TikTok deal close, tariffs could come in handy in China talks

Formally, the deferment on the ban on the TikTok social network in the US is…

2 hours ago

Mobile GeForce RTX 5090 Disappoints Reviewers With Weak Performance Upgrades Over RTX 4090

Laptops with discrete GeForce RTX 50-series graphics cards will go on sale in a few…

4 hours ago

The test version of Windows 11 received extended support for the ReFS file system – it will replace NTFS, but then

The latest Windows 11 Build 27823 introduces extended support for the new ReFS (Resilient File…

4 hours ago

The developer of the legendary Pebble smartwatch has revealed details about the new Core 2 Duo and Core Time 2 watches

Pebble founder Eric Migicovsky recently unveiled his new smartwatches, powered by Pebble OS. The devices,…

4 hours ago