Tech Billionaires Accused of Strong-Arm Tactics in $1B Land Grab for Solano County City
TL;DR Summary
Jan Sramek, a former Goldman Sachs trader, has been using money from some of Silicon Valley's wealthiest individuals to build a city from scratch in Solano County, California. His company, Flannery Associates, has acquired over 50,000 acres of land, with a goal of creating a walkable city with autonomous cars and light regulation. The project, which has been kept secret until recently, has sparked investigations by the FBI and Treasury Department. Flannery is now facing the challenge of gaining approvals from local and state officials before any real work can begin.
- How the Dream of Building a California City From Scratch Got Started The New York Times
- Firm that bought ‘sensitive land’ near Travis AFB sold some of it, officials say ABC7 News Bay Area
- Renderings show Solano County city tech billionaires are planning San Francisco Chronicle
- Silicon Valley titans in $1B land grab accused of 'strong-arm mobster techniques' New York Post
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