WHEN WAS THE LAST TIME WE BUILT A NEW CITY?

Summary from the TLDR newsletter

California Forever announced plans in August 2023 to build a new city of up to 400,000 people in Solano County, forty miles northeast of San Francisco. The company purchased 50,000 acres of land for an estimated $900 million in 2017. Most of the land is zoned for agricultural use and is subject to slow-growth laws. This may change after a vote in November. The project may be the most ambitious new development built in California in over 50 years. This article features an interview with Jan Sramek, the founder and CEO of California Forever, where he discusses the project.