Current:Home > FinanceCampaign to build new California city submits signatures to get on November ballot -GlobalInvest
Campaign to build new California city submits signatures to get on November ballot
View
Date:2025-04-16 20:16:23
SAN FRANCISCO (AP) — A wealthy Silicon Valley-backed campaign to build a green city for up to 400,000 people in the San Francisco Bay Area has submitted what it says are enough signatures to qualify the initiative for the November election.
The campaign submitted more than 20,000 signatures but would need only about 13,000 valid ones to qualify for the ballot. If verified by Solano County’s elections office, voters will decide in the fall whether to allow urban development on land currently zoned for agriculture. The land-use change would be necessary for the development to be built.
Jan Sramek, a former Goldman Sachs trader who heads the company behind the campaign, California Forever, said at a news conference Tuesday that he heard from thousands of people who want careers and homes in the county where they grew up but can no longer afford to live there because of high housing costs and a lack of nearby work.
“They are fed up with this malaise that’s plagued California for the last 20 years with this culture of saying no to everything that has made it increasingly impossible for working families to reach the California dream,” he said.
The yet-unnamed development would mix homes, green space, a walkable downtown and jobs between Travis Air Force Base and the Sacramento River Delta city of Rio Vista.
The controversial project has wealthy and powerful backers, including philanthropist Laurene Powell Jobs and venture capitalist Marc Andreessen. It also faces strong opposition by some elected officials and other critics who say Sramek’s plan is a speculative money grab that’s light on details.
Sramek outraged locals by quietly purchasing more than $800 million in farmland since 2018 and even suing farmers who refused to sell. Reps. John Garamendi and Mike Thompson, who oppose the project, were initially alarmed that foreign adversaries or investors might be buying up the land because of its proximity to the Air Force base.
Sramek unveiled plans for the development in January, but had to amend the land-use change ballot initiative twice to address county and Air Force concerns. The delays haven’t slowed the project’s timeline.
The proposal includes an initial $400 million to help residents and Air Force base families buy homes in the community or for new affordable housing.
California is desperate for more housing, but critics of the project say it would be more environmentally sound to build within existing cities than to convert designated farmland.
veryGood! (68579)
Related
- Meet first time Grammy nominee Charley Crockett
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- South Korean president's party divided over defiant martial law speech
- Arkansas State Police probe death of woman found after officer
- 2025 'Doomsday Clock': This is how close we are to self
- Trump's 'stop
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- New data highlights 'achievement gap' for students in the US
- Nevada attorney general revives 2020 fake electors case
- Don't let hackers fool you with a 'scam
- Could your smelly farts help science?
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Military service academies see drop in reported sexual assaults after alarming surge
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
2 killed, 3 injured in shooting at makeshift club in Houston
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
South Korean president's party divided over defiant martial law speech
Grammy nominee Teddy Swims on love, growth and embracing change