The family of billionaire investor Marc Andreessen reportedly owns tracts of land close to the controversial “California Forever” city project he is backing – and is planning to build more than 1,0…
The family of tech mogul Marc Andreessen owns tracts of land close to the controversial “ California Forever” city project he is backing – and is planning to build more than 1,000 homes as part of a “visionary” real estate plan, according to a report.project was delayed at least two years in July
The land was reportedly first acquired in 1985 by the siblings’ real estate tycoon father, the late John Arrillaga Sr., and his partner Richard Peery. The LLC, called A&P Children Investments, is plotting a mixed-use development that will include more than 1,000 homes on a parcel of land in the nearby city of Vacaville, California.
“We were not aware that the Arrillaga and Peery families owned any land in Solano County until about two years ago, when we were already five years into the project,” the spokesperson said.
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