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Silicon Valley Billionaires Plan to Build City in Solano County

The longstanding mystery behind the acquisitions of thousands of acres of farmland in Solano County has been brought to light following reports in the Los Angeles Times and elsewhere. An entity known as Flannery Associates, which has now acquired 55,000 acres in the county for upwards of $800 million, has been shown to include Silicon Valley tech billionaires among its backers and aims to build at least one city and possibly more.

The Times reported that a survey was sent to area residents last week asking them what they thought about “a new city with tens of thousands of new homes, a large solar energy farm, orchards with over a million new trees, and over ten thousand acres of new parks and open space.” Much of the land on which this city would be built borders on Travis Air Force Base, according to the Times.

It’s also land that was restricted to open space and agricultural purposes under a state conservation program. Flannery Associates seeks to rezone the land, which would require approval by multiple state and county agencies and wouldn’t be as simple as asking residents to vote on the issue, officials familiar with the process told the Times.

U.S. Rep. John Garamendi, who represents the region, told the Times that for years he and other officials were unable to determine who was behind the land grab. Then, in the past week, representatives of Flannery Associates attempted to arrange sit-down meetings with Garamendi and U.S. Rep. Mike Thompson and the survey was sent out to residents.

Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.   


Inside The Story

Rep. Garamendi's office

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Development
  • ◦Policy/Gov't
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