Billionaire-backed company has bought all the land it needs for its ‘city of yesterday’

  • 📰 PopSci
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Andrew Paul is Popular Science‘s staff writer covering tech news. Previously, he was a regular contributor to The A.V. Club and Input, and has had recent work featured by Rolling Stone, Fangoria, GQ, Slate, NBC, as well as McSweeney’s Internet Tendency. He lives outside Indianapolis.

A billionaire-backed Silicon Valley company says it now owns enough land to move forward with the next phases in creating a high-tech, utopian “city of yesterday.” In a recent email to PopSci, California Forever CEO Jan Sramek says he hopes “residents keep an open mind hear what we have to say,” while promising “we'll do the same in kind.

After company representatives refused to buy at that price point, the farmer allegedly engaged in a “secret conspiracy” alongside fellow landowners to agree upon a standard selling price “so cannot play owners against owners,” the spokesperson said. “Flannery has been reasonable when settling the case with many of the defendants, and has been willing to negotiate generous settlements with the remaining defendants,” the spokesperson concluded last week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 298. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines