Bill gates goods
Bill Gates just bought a huge chunk of land in the desert and wants to build his own 'smart city'
Monique O. Madan
17 hrs ago
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Bill Gates struggled to be taken seriously
One of the richest people in the world wants to build his own city.
Microsoft co-founder and billionaire philanthropist Bill Gates put down $US80 million ($105 mllion) for a massive swath of land in Arizona, about 45 minutes west of downtown Phoenix, KPNX reports.
His goal? Developing 25,000 acres of land into a 'smart city' that will be called "Belmont." The name stems from Belmont Partners, an Arizona-based real estate investment group.
The vision? Transforming a raw, blank slate into a futuristic city filled with driverless cars, endless data centres and buildings totally designed around technology and high-speed internet.
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According to Belmont Partners, the city will have space for about 80,000 residential units. In addition, about 3,800 acres will go toward commercial, retail and office space and roughly 470 acres will be used for schools.
"The experimentation that takes place in this new community has the potential to demonstrate the viability of new smart city concepts and serve as an example for cities nationwide and globally," Brooks Rainwater, director of the City Solutions and Applied Research Centre at the National League of Cities,
Monique O. Madan
17 hrs ago
Play Video
Bill Gates struggled to be taken seriously
One of the richest people in the world wants to build his own city.
Microsoft co-founder and billionaire philanthropist Bill Gates put down $US80 million ($105 mllion) for a massive swath of land in Arizona, about 45 minutes west of downtown Phoenix, KPNX reports.
His goal? Developing 25,000 acres of land into a 'smart city' that will be called "Belmont." The name stems from Belmont Partners, an Arizona-based real estate investment group.
The vision? Transforming a raw, blank slate into a futuristic city filled with driverless cars, endless data centres and buildings totally designed around technology and high-speed internet.
RELATED ARTICLE
'Eerily prescient': 15 predictions Bill Gates made in 1999
According to Belmont Partners, the city will have space for about 80,000 residential units. In addition, about 3,800 acres will go toward commercial, retail and office space and roughly 470 acres will be used for schools.
"The experimentation that takes place in this new community has the potential to demonstrate the viability of new smart city concepts and serve as an example for cities nationwide and globally," Brooks Rainwater, director of the City Solutions and Applied Research Centre at the National League of Cities,
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