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Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I did.  It wouldn't be the first time that's happened.  Company towns used to be a big thing back in the day and in Europe too.  Of course, back then they were geared to be against the interests of the employees.  Were only paid in company coins (not usable outside the town) and picked up the paycheck at the local tavern... where a cold pint was ready to be poured.  Most of a week's pay got consumed there.

Jul 10, 2021 10:13 AM
Ambassador
2,684,109
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Put a fence around it, don't let them come out.  Ever.

Jul 10, 2021 03:48 PM
Ambassador
2,436,099
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I read a novel once about a major company that set up a town for their employees; but they were also eavesdropping on them and making sure certain employees who lived nearby stopped by to see what they were up to. I wish I remembered the name or author of the book. It made me never want to live in a company town. :-)

Jul 10, 2021 10:19 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Doug,

They can all resonate in their echo chamber...and watch each other.  A

Jul 10, 2021 10:16 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

Wow!  Thanks for sharing this info!

Jul 10, 2021 09:39 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Doesn't surprise me in the least. The real question is what took them so long. Not for me, thank you very much. As Ron and Alexandra Seigel said: They can all resonate in their echo chamber...and watch each other.

Jul 10, 2021 11:49 AM
Rainer
378,517
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

I do not want to ever go there.

Jul 10, 2021 11:02 AM
Rainer
135,724
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

who would want to live like that?

Jul 10, 2021 11:06 AM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I did not Doug Dawes 

I am not surprised. 

Jul 10, 2021 02:00 PM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Facebook has a great deal of real estate in the area. Currently, much of it is empty office space since most of their employees are working remotely.

If they succeed in developing Willow Village, it will take many years. Real estate development in California is very challenging and is fraught with obstacles.

Jul 10, 2021 12:04 PM
Rainmaker
2,781,173
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

What took them so long to figure out what to do with 100 billion or so? How about they pick a small city every year, rebuild or add new schools, improved roads, fascilities, affordable housing etc. etc. etc ad millenium Lets see, by my math, the interest alone from 100 billion would keep that plan alive for generations and they still keep the base-cash amount?  

Jul 10, 2021 11:46 AM
Rainer
195,422
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

Several years ago, Disney built a town near Orlando.  It's called Celebration.

Jul 12, 2021 05:00 AM
Rainmaker
5,216,409
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Yes and I am in agreement with Ken Jones, ASA | Broker & Appraiser

Jul 11, 2021 05:50 AM
Rainmaker
805,909
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I had not, thanks for sharing. Not some place I would be interested in visiting.

Jul 10, 2021 06:42 PM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Not surprised. I expect we might also see Google Village, City of Amazon which actually already got a city in Arlington VA (Crystal City) renamed National Landing where they are building another headquarters, etc.

Jul 11, 2021 07:43 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

I wonder if it will have statues and any history!

Jul 11, 2021 05:03 AM
Rainmaker
7,836,164
Roy Kelley
Retired - Gaithersburg, MD

Interesting.

Jul 11, 2021 05:01 AM
Rainmaker
628,814
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

Please keep that concept on the West Coast !

Jul 11, 2021 03:14 AM
Rainmaker
1,543,823
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Actually they are building Willow Village...but it might have a park or two ;)

Jul 10, 2021 05:58 PM
Rainmaker
584,631
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

Sure hope the towns people treat the company the same way the Hershey, PA people did to Hershey Chocolate!

 

Jul 10, 2021 04:21 PM
Ambassador
5,049,450
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

No surprise, but not interested in relocating.

Jul 10, 2021 01:15 PM
Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I have to say I don't care & can't really see the point. Instead of creating a 'utopia' how about stopping censorship?

Jul 10, 2021 12:08 PM
Ambassador
3,125,842
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Proves that money can buy anything, even if it fails to appeal to the masses. Not something I am interested in...one-mindedness is a no-go!

Jul 13, 2021 06:20 PM
Ambassador
6,393,609
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hopefully not another one like in Farmville.

Jul 12, 2021 01:45 PM
Ambassador
3,587,960
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

That sounds about as inviting as eating mud.

Jul 12, 2021 10:41 AM
Rainmaker
4,936,705
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow, with their money, sure they can.

 

Jul 12, 2021 09:51 AM
Rainmaker
5,868,554
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I had not Doug.   

Jul 11, 2021 06:29 AM