Current:Home > reviewsBillionaire backers of new California city reveal map and details of proposed development -EquityExchange
Billionaire backers of new California city reveal map and details of proposed development
View
Date:2025-04-15 01:51:44
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! (4)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Who is Paul Whelan? What to know about Michigan man freed from Russia
- PHOTO COLLECTION: At a home for India’s unwanted elders, faces of pain and resilience
- 'Batman: Caped Crusader' is (finally) the Dark Knight of our dreams: Review
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Ballerina Farm Influencer Hannah Neeleman Slams “Attack on Her Family Lifestyle
- Chrissy Teigen reveals 6-year-old son Miles has type 1 diabetes: A 'new world for us'
- Connecticut man bitten by rare rattlesnake he tried to help ends up in coma
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Cardi B files for divorce from Offset, posts she’s pregnant with their third child on Instagram
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Can dogs eat grapes? Know which human foods are safe, toxic for your furry friends.
- Body of 20-year-old North Carolina man recovered after 400-foot fall at Grand Canyon National Park
- How high can Simone Biles jump? The answer may surprise you
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- 2 New York City police officers shot while responding to robbery, both expected to survive
- Watch a DNA test reunite a dog with his long lost mom
- Drag queen in Olympic opening ceremony has no regrets, calls it ‘a photograph of France in 2024’
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
AI might take your next Taco Bell drive-thru order as artificial intelligence expands
Transit officials say taxi driver drove onto tracks as train was approaching and was killed
2024 Olympics: Snoop Dogg Is Team USA’s Biggest Fan With His Medal-Worthy Commentary
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
14-month-old boy rescued after falling down narrow pipe in the yard of his Kansas home
Regan Smith races to silver behind teen star Summer McIntosh in 200 fly
The number of Americans filing for jobless claims hits highest level in a year