Jan Sramek, the CEO behind the controversial California Forever project, appeared at Bloomberg’s annual tech conference in San Francisco on Thursday. He was treated to a not-exactly-amiable discussion with one of the outlet’s reporters, Karen Breslau.
The California Forever project is one step closer to becoming a reality. This week, the ambitious project’s backers announced that they had received enough local support to trigger a ballot initiative. Local voters will now decide the fate of the project during the November election.
Less than a year ago, we learned that a bunch of Bay Area tech billionaires had their sights set on creating a brand new city out of thousands of acres of California farmland.
California Forever, the tech billionaire-backed effort to create a new city on hundreds of acres in the Bay Area, has faced a number of challenges, including a legal dispute between the project’s backers and a number of families who are longtime residents of the area where developers want to build.
California Forever, a tech billionaire-backed project to develop a new city on hundreds of acres of Bay Area farmland, is entering a critical phase.
From the moment I heard about tech billionaires’ weird plans to create a bustling new city in the heart of California’s Solano County, I was preoccupied with one basic question: Who is actually going to run this thing?
California Forever, the quixotic, billionaire-backed project to build a new city in the Bay Area, is chugging along.
California Forever, the quixotic, billionaire-backed effort to craft a new city out of $800 million in Bay Area farmland parcels, continues to struggle.
The cohort of Silicon Valley tech titans who have been hoovering up Bay Area farmland in the hopes of converting it into a new city have been accused of deploying “strong-arm tactics” and a “divide-and-conquer” strategy to gobble up as much acreage as possible. A number of local farmers say Flannery Associates, the…