Sharjah24 – Reuters: Walmart billionaire Marc Lore has launched a jaw-dropping project to build a $400 billion utopian city in the middle of the American desert.
CNN reports that recently retired Walmart billionaire, Marc Lore, announced plans to build a brand new super city in the middle of the American desert for $400 billion.
Lore said the plan is to construct a utopian city that will be very clean and green, built around the dream of social equality.
Famous architect house Bjarke Ingels Group has been hired to design the city, which Lore has named Telosa.
Renderings of the plan show nature-friendly architecture covered in foliage, and people playing in large parks that criss-cross the city.
The plans also show many green technologies built into the city. Lore says his team will be meeting very soon with state officials in one of the U.S.’ less populated regions, with the aim of receiving the city’s first residents by 2030.
The project’s first phase aims to build enough infrastructure for 50,000 people on 1,500 acres for an estimated cost of $25 billion.
The whole city would eventually house 5 million people within 40 years.
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