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143

A mystery company backed by Silicon Valley billionaires has purchased tens of thousands of acres of land for more than $800 million to build a new city near San Francisco (www.businessinsider.com)

submitted 1 year ago by throws_lemy@lemmy.nz to c/technology@beehaw.org

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[–] throws_lemy@lemmy.nz 23 points 1 year ago (1 children)

Good bot but there is a big concern

The Wall Street Journal reported that Flannery has purchased about 52,000 acres of farmland around Travis Air Force Base since 2018. According to the report, government officials began investigating the purchases due to concerns that foreign interests may be behind the company.

"So the entire base is encircled now," Catherine Moy, mayor of Fairfield, told ABC 7 News. "So there's no part that isn't touched by Flannery."

Little is known about Flannery Associates or its specific city plans.

[–] porkins@lemmy.basedcount.com 7 points 1 year ago (1 children)

If I were to create a city that can withstand the downfall of society, I would want to put a defensive military fortress at its center. Right now, they don’t run it, but when the shit hits the fan, they can inherit an arsenal of protection.

[–] kinttach@lemm.ee 6 points 1 year ago

Since it’s an Air Force base it could also be used as an airport for tech billionaires’ private jets.