Posted by Staff Writer on 12/1/2017 to
Real Estate
IncSmart Arizona (Small Business and Startups) - Bill Gates is building a SMART CITY in the suburbs of Phoenix. An investment firm run by Bill Gates has put down $80 million to develop a planned community on the west side of the Phoenix valley. The 25,000 acres of land is about 45 minutes west of the city. The community will be named Belmont. Belmont Partners and Cascade Investment LLC appears to be the money behind the investment.
The new solar community will be built with communication and infrastructure plans relying on modern technology. The high tech city will be built around high speed digital networks and data centers and includes autonomous vehicles. 3,800 acres will be used for office and commercial space. 470 acres will be used for public schools and 80,000 housing.
By David Oliver
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How to form Arizona LLC - Link
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