Silicon Valley titans behind mystery $1B land buy near military base: reports

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The mystery buyers of nearly $1 billion of undeveloped land abutting a California military base were revealed to be Silicon Valley heavyweights — and not a network of Chinese spies as some lawmakers feared.

The land grab near Travis Air Force Base by Flannery Associates — which has become the largest landowner in Solano County, about 60 miles northeast of San Francisco — had prompted concern that a foreign entity could be using the investment to harm US national security.

However, it turns out Flannery’s backers are a who’s who list of tech titans and investors that includes LinkedIn co-founder Reid Hoffman and Emerson Collective philanthropist Laurene Powell Jobs, according to the New York Times.

The deep-pocketed investors reportedly plan to turn the land into their vision of an ideal city, featuring sustainable energy and a…

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