Current:Home > MyBillionaire backers of new California city reveal map and details of proposed development -Ascend Wealth Education
Billionaire backers of new California city reveal map and details of proposed development
View
Date:2025-04-11 14:45:59
SAN FRANCISCO (AP) — Promoters of a secretive Silicon Valley-backed ballot initiative to build a new city on farmland between Sacramento and San Francisco are releasing more details of their plan as they submit paperwork Wednesday to qualify for the November election.
California Forever, the company that stealthily snapped up more than $800 million of Solano County land in recent years, envisions a new community on roughly 30 square miles (75 square kilometers) between Travis Air Force Base and the tiny city of Rio Vista, according to a presentation by the group.
The development would start with nearly 20,000 homes for 50,000 residents. It could grow to 400,000 people — which is nearly the current population of Solano County — but only if the project creates at least 15,000 jobs that pay above average wages, the group’s backers say. Plans call for a medium-density downtown with rowhouses and apartment buildings, and jobs, schools, bars and restaurants and grocery stores all within walking distance.
But none of that can happen without approval from county voters, who in 1984 backed protections against turning farmland into urban space. That’s why Jan Sramek, CEO and founder of California Forever, and the project’s backers are turning to the ballot. He’ll speak about the project and the proposed ballot initiative Wednesday, and the group must collect about 13,000 signatures from county voters to place it on the November ballot.
California and the San Francisco Bay Area are desperate for more housing, especially affordable homes for teachers, firefighters, police and other municipal workers who make a city run.
Situated between the Bay Area and the state’s capital, Solano County is an attractive location for military contractors, agriculture technology and construction tech companies seeking to innovate, said Gabriel Metcalf, head of planning for California Forever.
Metcalf said if “we can provide companies with a pathway to growth, we think we’ll get some major employers creating jobs here that would otherwise go out of state, to places like Texas.”
Created in 2017, California Forever has purchased more than 78 square miles (202 square kilometers) of farmland in Solano County. The plan calls for $400 million to help Solano County residents buy homes in the proposed community.
But critics say existing cities such as Vallejo and Fairfield could use investment from Silicon Valley and they remain skeptical of Sramek and the project’s backers, who include philanthropist Laurene Powell Jobs, LinkedIn co-founder Reid Hoffman, and venture capitalist Marc Andreessen.
“This is a pipe dream,” said Democratic U.S. Rep. John Garamendi, who was furious with backers for their secrecy about property close to a U.S. Air Force base.
He said the proposed development, which he also was briefed on, makes no sense “in the middle of areas surrounded by wind farms, gas fields, endangered species, no water, no sanitation system and no road system let alone a highway system.”
veryGood! (218)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Horoscopes Today, September 27, 2023
- The Explosive Real Housewives of Potomac Season 8 Trailer Features Fights, Voodoo and More
- How Kelly Ripa and Mark Consuelos' Daughter Lola Feels About Paparazzi After Growing Up in the Spotlight
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Judge tosses Nebraska state lawmaker’s defamation suit against PAC that labeled her a sexual abuser
- Michael Gambon, who played Dumbledore in 'Harry Potter,' dies at 82
- North Carolina’s governor vetoes bill that would take away his control over election boards
- Stamford Road collision sends motorcyclist flying; driver arrested
- 'The truth has finally set him free.': Man released after serving 28 years for crime he didn't commit
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Sen. Bob Menendez pleads not guilty in federal court to bribery and extortion
- Maine community searching for Broadway, a pet cow who's been missing nearly a week
- Slightly fewer number of Americans apply for jobless benefits as layoffs remain rare
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- North Carolina’s governor vetoes bill that would take away his control over election boards
- ExxonMobil loses bid to truck millions of gallons of crude oil through central California
- $10,000 bill sells for nearly half a million dollars at Texas auction — and 1899 coin sells for almost as much
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Groups of masked teenagers loot Philadelphia stores, over 50 arrested: Police
Japanese scientists race to create human eggs and sperm in the lab
Child dies at McConnell Air Force Base in Kansas; officials release few details
Senate begins final push to expand Social Security benefits for millions of people
UAW VP says Stellantis proposals mean job losses; top executive says they won't
Murder suspect mistakenly released from Indianapolis jail captured in Minnesota
Macron proposes limited autonomy for France’s Mediterranean island of Corsica