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- Claim Text
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His group had secured some 1,400 acres for less than $5,000 per acre.
- Simplified Text
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His group secured 1400 acres for less than $5000 per acre
- Confidence Score
- 1.000
- Claim Maker
- Mr. Moritz
- Context Type
- News Article
- Context Details
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{ "person": "Mr. Moritz", "land_area": "1,400 acres", "price_per_acre": "less than $5,000" } - Subject Tags
- UUID
- a1162804-a5c7-4f8d-a0e5-bddb33fccdc6
- Vector Index
- âś— No vector
- Created
- February 15, 2026 at 2:22 PM (6 months ago)
- Last Updated
- February 15, 2026 at 2:22 PM (6 months ago)
Original Sources for this Claim (1)
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1 week ago
https://nytimes.com/2023/08/25/business/land-purchases-solano-county.html
A mysterious company backed by Silicon Valley investors has spent $800 million buying land in Solano County, California, with plans to build a new city. The project has sparked speculation and is now engaging with local officials. The investors include prominent figures like Michael Moritz, Reid Hoffman, and Marc Andreessen.
Similar Claims (5)
Other claims identified as semantically similar to this one.
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Simplified: Return could be many times initial investment from rezoning and far more if building started6 months ago
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Simplified: Mr Moritz acknowledged rezoning could be challenging6 months ago
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Simplified: Financial gains could be huge6 months ago
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Simplified: Moritz and others dreamed of transforming tens of thousands of acres into a bustling metropolis that could generate thousands of jobs and be as walkab...6 months ago
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Simplified: Price per acre has escalated and recent purchases neared $20000 per acre6 months ago