Billionaires' plans for new California city are dealt humiliating blow
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A cohort of billionaires has abandoned their ambitious vision of constructing a new city in California, opting instead for a different approach.

The real estate group, California Forever, initially had grand plans for a fresh urban development in Solano County.

In 2023, they discreetly started acquiring land under an alias, a move that sparked skepticism and unease in the local community.

Faced with mounting criticism, the consortium has shifted its strategy, deciding to proceed by expanding an existing city rather than starting anew.

According to Jan Sramek, the 38-year-old CEO of California Forever, the revised plan involves growing their development as an extension of Suisun City, a quaint locale with a population of approximately 30,000.

Sramek unveiled a 40-year master plan to build the city on its new spot northeast of San Francisco. 

The project has drawn in high-profile backers, including LinkedIn founder Reid Hoffman, tech titan Marc Andreesen, and Steve Jobs’ widow and philanthropist Laurene Powell Jobs. 

The latest plans will see Suisan City expand by 22,873 acres, including a 5,700-acre security buffer zone near Travis Air Force Base, reports Realtor.com

A group of billionaires have scrapped their plans to build a new California city from scratch as they unveiled a new alternative - dubbed 'California Forever' (seen in a rendering)

A group of billionaires have scrapped their plans to build a new California city from scratch as they unveiled a new alternative – dubbed ‘California Forever’ (seen in a rendering)

California Forever CEO Jan Sramek, 38, has touted the proposed city as 'the most walkable community in America' and says it will come with an array of amenities

California Forever CEO Jan Sramek, 38, has touted the proposed city as ‘the most walkable community in America’ and says it will come with an array of amenities 

The consortium have lauded the plans for their new megacity, and have designated at least 20 percent of the city to parks, trails, ecological habitats and community gardens. 

The city’s proximity to Travis Air Force Base sparked concern among some locals who feared the quiet purchase of the land could be related to a foreign plot, similarly to the Chinese government buying American farmland in recent years. 

But Sramek said that the land was bought covertly because the group did not want speculators to drive up land prices in the area. 

The latest plans have been signed off by military leaders at the air force base, who say that construction would not interfere with its military operations. 

Sramek has touted the proposed city as ‘the most walkable community in America’, and says it will feature an entertainment district, a new shipyard, and a tech-focused hub. 

He says the design will combine New York-style street grids, as well as city designs from Barcelona and Tokyo, to make the city easy to navigate. 

‘Like California’s fusion cuisine, we drew inspiration from the best designs from across the world to create something delightful,’ he said in an X post. 

He also says the city will be more affordable for many, and will utilize ‘a small parcel fabric where lots of people co-create a real city.’ 

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The city is proposed for an area in Solano County, northeast of San Francisco 

The group's CEO says the design will combine New York-style street grids, as well as city designs from Barcelona and Tokyo, to make the city easy to navigate

The group’s CEO says the design will combine New York-style street grids, as well as city designs from Barcelona and Tokyo, to make the city easy to navigate 

Sramek says the city will feature an entertainment district, a new shipyard, and a tech-focused hub

Sramek says the city will feature an entertainment district, a new shipyard, and a tech-focused hub

‘We’re prioritizing homeownership and family-sized units,’ wrote Sramek. 

‘We’ve designed for missing middle housing types where families can purchase homes.’ 

California Forever previously released renderings of the proposed city, which show an array of townhouses and gardens around the sun-drenched area. 

Sramek said that the renderings are not intended to show exact designs of the homes, but intend to illustrate the layout of the city at-large. 

‘The renderings are illustrative, and a pattern book is coming later,’ he said, per Realtor.com. 

‘As with urban design, our goal is to combine the best of the old and the new, so stay tuned.’ 

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