Why Tech Billionaires Want to Build a City HERE

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Since 2018, land in Solano County, California, has quietly been getting purchased by Flannery Associates LLC — a company that, until recently, no one had heard of. Backed by notable tech founders like LinkedIn’s Reid Hoffman and VCs like Sequoia Capital’s Michael Moritz, Flannery has spent ~$900m acquiring tens of thousands of acres for a project called California Forever — “a new community in East Solano,” according to the project’s website. But why would some of the wealthiest names in tech want to invest in developing a stretch of farmland in Northern California not far from the already-developed Silicon Valley? The Hustle’s Noelle Medina traveled to the California Forever project site to find out.

Sources:
The New York Times
Business Insider
LinkedIn
McKinsey and Co.
California Business Journal
New York Magazine
ABC10
CBS News
SITELAB urban studio
CMG
RentCafe
Solano Together
California Forever
The Union Democrat
Forbes
CalMatters
Getty Images
ABC7 News
CBS Sacramento
Mercury News
Google Earth
Cityoftelosa.com
The Seasteading Institute
Thesis Driven