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

Intel has officially begun offering 18A technology to its customers

Intel management has repeatedly stated that it will not delay providing its customers with access…

14 hours ago

Elon Musk has managed to make X profitable, but revenue still lags behind Twitter’s independent days

The sudden surge of investor interest in Elon Musk's X has been reported recently, but…

14 hours ago

Trump’s allies intend to hold tech giants accountable for censorship on social networks and other services

The new head of the US Federal Trade Commission (FTC), appointed by President Donald Trump,…

14 hours ago

Chinese Go Underground to Find Place to Store Energy in Compressed Air

The project of storing energy in compressed air, tested in Germany in the 1970s, has…

14 hours ago