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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 L4s@lemmy.world to c/technology@lemmy.world

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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::A company called Flannery Associates has been buying up land in Solano County for up to $15,000 per acre, court documents show.

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[-] cyd@lemmy.world 11 points 1 year ago

Funny that before the identities of the buyers was known, everyone's go to theory was that it was a nefarious CCP plot.

this post was submitted on 27 Aug 2023

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