Gizmodo: California Congressman Says Tech Utopia Developer 'Sold a Fairy Tale’ to Silicon Valley Elite https://gizmodo.com/california-forever-development-fairy-tale-garamendi-sf-1850809669?utm_source=regular #universityofcaliforniaregents #sanfranciscobayarea #travisairforcebase #californiaforever #marcandreessen #siliconvalley #johngaramendi #michaelmoritz #charlesschwab #mikethompson #goldmansachs #reidhoffman #timflannery #donaldtrump #california #janshramek #linkedin #solano #kgo

Techbros now own about about 50% of Eastern #Solano county and are suing #farmers who won't sell land to them for their new "planned city". #CaliforniaForever https://www.sfchronicle.com/bayarea/article/solano-county-farm-ranchers-18343048.php

1. Steal underpants.

2. "The specifics will emerge."

3. Profit.

#CaliforniaForever

https://www.sfchronicle.com/bayarea/article/solano-county-new-city-tech-money-proposal-18342964.php#photo-24192996

For the reporters, editors and headline writers who persist in calling California Forever a "utopian" project, bear in mind what one of the principals, Mike Moritz, wrote to his billionaire pals when he was shopping the idea around.

Per The New York Times: "The financial gains could be huge, Mr. Moritz said in the 2017 pitch. He estimated the return could be many times the initial investment just from the rezoning, and far more if and when they started building.

"'If the plans materialize anywhere close to what is being contemplated, this should be a spectacular investment,' Mr. Moritz wrote."

No surprise there, really. You don't get these folks to put up $800 million without the promise of a big return somewhere down the road.

Bearing that in mind, be prepared for an insanely expensive local election campaign if this "utopia" goes to the Solano County ballot.

https://www.nytimes.com/2023/08/25/business/land-purchases-solano-county.html

#Californiaforever #solano

Hmmm...
Buying up lots of land behind the scenes, now revealing the plans.

https://californiaforever.com/
#california #californiaforever #solanocounty

@thejustkat @XanIndigo #CaliforniaWinter #CaliforniaForever