A former Goldman Sachs trader has been quietly working to build an urban utopia in California.
Jan Sramek, a former Goldman Sachs trader, has been quietly working to build an urban utopia in California.
Sramek is the brains behind a company called Flannery Associates, which has spent more than $800 million on land, according to a report from The New York Times.Jan Sramek, a former Goldman Sachs trader, has been quietly working to build an urban utopia in California nestled near San Francisco and Silicon Valley. But just a few years after the mysterious project got underway, it is facing increasing scrutiny from local officials and residents.
Flannery Associates only became known to the official after the company reached out to set up a meeting, which was its first attempt to speak with local representatives. But even as the company eases into the public eye, it faces an uphill battle as it contends with lawsuits from locals and thorny regulations like California's strict zoning laws.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Silicon Valley celebrating pride, 'Living Out Loud''It's a time when we're able to really just live out loud and be whoever we want to be.'
Read more »
Silicon Valley Pride wraps up festivalThis is the 48th annual celebration and organizers say this year’s theme is about being proud and remaining resilient.
Read more »
Apartment construction in Silicon Valley grinds to a halt amid cost crunchAfter adding thousands of apartments in recent years, construction in the region is grinding to a halt.
Read more »
A mystery company backed by Silicon Valley billionaires has purchased tens of thousands of acres of land for more than $800 million to build a new city near San FranciscoA mystery company backed by Silicon Valley billionaires has been snatching up land in a northern California county in an apparent bid to build an e...
Read more »
Mysterious ASASSN-14li: Massive Star Obliterated by a Giant Black HoleA giant black hole 290 million light-years away destroyed a large star and threw its pieces into space. NASA’s Chandra X-ray Observatory and ESA’s XMM-Newton scoured the wake of this event for information. The X-ray data reveals the relative amount of nitrogen compared to carbon in this stella
Read more »