Since 2018, a mysterious company called Flannery Associates has been actively acquiring land near Travis Air Force Base in Solano County, just northwestern of San Francisco. To date, Flannery has purchased over 52,000 acres, or approximately 210 square kilometers, which is twice the size of downtown San Francisco. The company has kept its intentions and identities hidden, leading to speculation and various theories.
Recent reports suggest that Flannery Associates is backed by a group of venture capital investors in the technology industry, led by Michael Moritz, a former partner of the renowned Sequoia Capital. It is worth noting that Sequoia Capital has made significant investments in various high-profile tech companies. Other notable investors include Reid Hoffman, co-founder of LinkedIn, Marc Andreessen, co-founder of Netscape and Andreessen Horowitz, and Laurene Powell Jobs, the widow of Steve Jobs (although these names have not been officially confirmed by The New York Times).
Furthermore, there are documents from 2017 presenting Moritz’s plans to build a ‘new city’ in the Bay Area, starting from scratch. The plan includes using modern technology to construct houses, incorporating solar farms for energy, and incorporating a large number of trees and gardens. The vision of Moritz is to create a more livable city than San Francisco and Silicon Valley, which is just an hour’s drive away. It is believed that this new city could potentially attract tens of thousands of people to relocate and work here, potentially addressing the issue of skyrocketing housing prices in the Bay Area.
Currently, Flannery Associates has not provided any additional information, aside from confirming that their funding comes from a group of venture capital investors. More details are expected to be revealed in the future.
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