FILE - California Forever Founder and CEO Jan Sramek leads a press conference unveiling California Forever's plan for a new city in Solano County in Rio Vista, Calif., Jan. 17, 2024. A billionaire-backed proposal to build an eco-friendly California city from scratch is off to a bumpy start in qualifying its voter initiative for the Nov. 5 ballot. The deadline for the Solano County counsel's office to give California Forever the ballot title they need to start gathering signatures is Thursday, Feb. 29. (Jessica Christian/San Francisco Chronicle via AP)


March 01, 2024

The ambitious plan to construct an eco-friendly city between San Francisco and Sacramento, proposed by former Goldman Sachs trader Jan Sramek, faces delays in its journey to be presented to California voters this November.

Initially unveiled in January, Sramek's ballot initiative for the new community, designed to accommodate 20,000 homes and an initial population of 50,000, has encountered setbacks due to revisions aimed at addressing concerns from Solano County and a nearby U.S. Air Force base.

The county counsel's office recently issued a ballot title and summary for the initiative, allowing signature collection to commence. However, with only two months available for gathering signatures instead of the preferred three, the campaign faces a time crunch to secure the required 13,000 signatures, along with additional buffer signatures for verification by election officials.

Despite the setbacks, Brian Brokaw, a spokesperson for the campaign, remains optimistic about meeting the November 5 ballot deadline. The proposed development, led by Sramek's California Forever company, seeks Solano County's approval for urban development on rural land acquired since 2018 for approximately $800 million. The project, touted as a solution to California's pressing housing needs, has garnered support from prominent Silicon Valley figures, including philanthropist Laurene Powell Jobs and LinkedIn co-founder Reid Hoffman.

However, the initiative has drawn criticism for its secretive approach and perceived lack of local engagement, raising concerns about its impact on the region's ecosystems and water supply. Environmental groups, including Greenbelt Alliance, have questioned the project's viability and sustainability, advocating for housing development within existing city limits instead.

The campaign's journey has been marked by unexpected twists, including a rapid withdrawal and amendment of the ballot initiative following requests for clarification from county officials. Opposition to the project persists, with congressmen John Garamendi and Mike Thompson expressing reservations. Additionally, Solano County officials have sought technical changes to ensure discretion in approving the development agreement and to address concerns from Travis Air Force Base.

The path forward remains uncertain, with no firm deadline for signature submission. However, the campaign faces a tight timeline to navigate the approval process, highlighting broader questions about development, farmland preservation, and climate resilience. As the initiative unfolds, stakeholders across the nation closely monitor its progress and potential implications for future development projects.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Canada’s $1 Trillion Wealth Transfer: A Shift in Economy and Society

Canada is experiencing a historic wealth transfer as baby boomers pass down assets to their children. Unprecedented Wealth Shift! According....

Trump Administration Targets California High-Speed Rail Funds

The California high-speed rail project is under renewed federal scrutiny, with transportation officials announcing an investigation that could lead to....

Canada to Finally have a High-Speed Rail Corridor between Quebec City and Toronto

The Canadian government is pushing ahead with an ambitious plan to build a high-speed rail corridor connecting Quebec City and....

Google Rejects Allegations of Market Abuse in Canada

In a formal response to the Competition Bureau’s lawsuit, Google has denied allegations of abusing its market power in Canada’s....

Did Canada’s Two-Month GST Holiday give any Boost to Businesses?

Ottawa’s temporary GST and HST holiday aimed to boost consumer spending by offering a tax break. While some shoppers benefited,....

Trump Ditches Paper Straws, Orders a Return to Plastic

President Donald Trump has signed an executive order banning federal agencies from using paper straws, (the reversal of plastic straw....

How China is Hitting Back on US Tariff?

The trade war between the United States and China has intensified as Beijing retaliates against the latest US tariff measures.....

Trump Imposes 25% Tariff on Steel and Aluminum Imports, Sparks Global Reactions

President Donald Trump has announced a 25% tariff on all steel and aluminum imports into the United States. The latest....

Air Transat Ends Free Carry-On for Budget Travellers

Starting February 11, Air Transat passengers booking the lowest fare, Eco Budget will no longer receive free carry-on baggage on....

Canada Invests $72 Million in Satellite Program to Combat Wildfires

Canada is set to launch a groundbreaking wildlife satellite program to monitor forest fires across the country. The Canadian Space....

Should the US Cut Support for IMF & World Bank? Debate Heats Up

The Governor of the Bank of England, Andrew Bailey, has called for the United States to maintain its support for....

New US Tariffs on Chinese Imports Looms Price Hike for Shoppers

A new wave of U.S. tariffs on Chinese imports is set to drive up prices for American shoppers. From budget-friendly....