Overview
- California Forever revealed plans on July 18 to convert 2,100 acres of its Solano County holdings into the Solano Foundry advanced manufacturing park.
- The consortium has secured JLL as its exclusive leasing agent and financing from investors including Marc Andreessen, Laurene Powell-Jobs and Michael Moritz.
- A JLL white paper estimates the facility could create about 40,000 manufacturing and related jobs and generate billions in economic impact.
- Since 2017 the group quietly acquired 68,500 acres at a cost exceeding $900 million, raising local concerns over secrecy and environmental effects.
- Next steps include completing a full environmental impact report by 2026, negotiating zoning and annexation with Suisun City, and beginning construction as early as 2028.