Billionaire backers of new California city reveal map and details of proposed development

Photo caption: A firetruck drives along a chunk of land recently purchased by Flannery Associates for nearly $50 million near Rio Vista, California on September 15, 2023. A stealth campaign by Silicon Valley […] Photo credit: Josh Edelson / AFP via Getty Images. Article by Janie Har, AP. PBS News Hour – January 17, 2024.

SAN FRANCISCO (AP) — A company backed by Silicon Valley billionaires that stealthily snapped up more than $800 million dollars worth of rural land for what it has said will be a new utopian green city between San Francisco and Sacramento is now taking the pitch to voters. Jan Sramek, the former Goldman Sachs trader spearheading the effort, will speak […]

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