“People in my district are understandably alarmed at a shadowy investment group buying up large tracts of farmland, purportedly to build a new city,” Bill Dodd, a state senator, said in a statement. The group only recently started interacting with local officials and residents, according to media reports, and had sued landowners who sold their land over what it deemed an “illegal price-fixing conspiracy”. The news fueled further controversy and outrage. The group of backers includes Reid Hoffman, the LinkedIn co-founder venture capitalist Michael Moritz Laurene Powell Jobs, the founder of the philanthropic group Emerson Collective and wife of the late Steve Jobs Marc Andreessen, the investor and software developer Patrick and John Collison, the sibling co-founders of the payment processor Stripe and the entrepreneurs Daniel Gross and Nat Friedman, the Times reported. Jan Sramek, a 36-year-old former trader for the investment banking firm Goldman Sachs, spearheaded the project. Illustration: Courtesy California Forever The group laid out the vision for the land with a new website, renderings and a name: California Forever.

Last week, the New York Times revealed that Flannery Associates was backed by a group of prominent Silicon Valley investors and aimed to build a new city, operated using clean energy, that would create thousands of jobs while offering residents reliable public transportation and urban living. The mystery reportedly drew the attention of the US military and FBI.

In all, the group spent nearly $1bn and became the largest landowner in the county, even buying property around the nation’s busiest air force base. The land bought by the firm primarily stretches between Fairfield, home to 120,000 people as well as the Anheuser-Busch Co brewery and the Jelly Belly jelly bean factory, and the small city of Rio Vista. Illustration: Courtesy California Foreverīefore last week, no one knew who exactly was behind the purchase of agricultural plots and empty land in south-eastern Solano county, about 60 miles from San Francisco. Flannery Associates is backed by a group of prominent Silicon Valley investors, and aims to build a new city.

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