
Silicon Valley tech tycoons on Thursday announced their intentions of building a new city in Northern California. The billionaire investors have to date spent over $900 million to acquire more than 50,000 acres of land in Solano County. Local and US officials, however, have raised concerns about what one Congressman calls “a vision”, not “a plan”.
Investing through a company named California Forever, which saw the launch of its official website on Thursday, tech billionaires are laying out the blueprint for a dream city in Northern California.