Bill Gates Buys 25,000 Acres of Land in Arizona to Build 'Smart City

-

What's the country's wealthiest man to do with an extra $80 million lying around?
Build his own "smart city," of course. Microsoft Corp.
cofounder Bill Gates and his investment firm Belmont Partners have invested $80 million to jump-start development of a smart community in Arizona.
Gates bought about 25,000 acres of land in the state's West Valley, about 45 minutes west of downtown Phoenix, Belmont Partners told local media, according to KPNX. The proposed community will be called Belmont.

"Belmont will create a forward-thinking community with a communication and infrastructure spine that embraces cutting-edge technology, designed around high-speed digital networks, data centers, new manufacturing technologies and distribution models, autonomous vehicles and autonomous logistics hubs," Belmont Partners said in a news release.
Belmont Partners said 3,800 acres will be devoted to office, commercial and retail space. About 470 acres will be used for public schools, and most of the rest of the land will be used for as many as 80,000 residential units. It's not yet clear when construction will begin.
"Comparable in square miles and projected population to Tempe, Arizona, Belmont will transform a raw, blank slate into a purpose-built edge city built around a flexible infrastructure model," Belmont Partners said.

Comments

Post a Comment

Popular posts from this blog

Star Wars Battlefront 2 release date: True cost of DLC REVEALED, as fans turn on EA

-
Image
STAR Wars Battlefront 2 fans turn on EA over on Reddit, as the shocking true cost of DLC characters is uncovered. Star Wars Battlefront 2 developer EA is facing a backlash, as fans take to Reddit to criticise the game's DLC model. With the Star Wars Battlefront 2 release date just a few days away, fans have discovered the true cost of unlocking hero characters like Darth Vader. Star Wars Battlefront 2 won't have a season pass, but players will need to spend in-game credits to unlock new characters. A new report suggests Star Wars Battlefront 2 characters will cost 60,000 in-game credits, which will take an estimated 40 hours of playtime to earn. EA has responded to the controversy on  Reddit , telling fans that it will continue to make changes based on daily data. More controversially, EA said that it wants to provide players with a sense of accomplishment. "Our goal involves creating a compelling progression path for all of our players," EA e...
Read more

Meet the quickest road-legal Corvette ever

-
Image
NEW YORK, Nov 13 — As promised, the new 2019 Corvette ZR1 is the fastest and most powerful in the nameplate’s 64-year history. But this is a ZR1 that has been built as much for having fun in the corners without coming unstuck as it has been designed for impromptu and (highly illegal) perfectly straight-line drag races between sets of traffic lights. The car’s 6.2-litre supercharged V8 has been independently verified as outputting 755hp to the rear wheels while torque available is a huge 969Nm or 715 lb-ft. But GM has done more than simply strap a bigger blower to the crankshaft to force-feed the engine more and more air. This is the first engine from the company that uses both primary injection and supplemental port fuel injection for the biggest possible bang on every revolution. And, what’s more, all of that power can be enjoyed via a seven-speed manual or, for the first time ever in a ‘Vette carrying the ZR1 badge, an automatic transmission. However, it’s a serious, race...
Read more