Bill Gates has bought a majority interest in 25,000 acres of land about 45 minutes west of Phoenix, in an area called the West Valley. It is an area called Belmont.
According to Belmont Partners, a real estate investment group based in Arizona, the goal is to turn the land into its own “smart city.”
“Belmont will create a forward-thinking community with a communication and infrastructure spine that embraces cutting-edge technology, designed around high-speed digital networks, data centers, new manufacturing technologies and distribution models, autonomous vehicles and autonomous logistics hubs,” Belmont Partners said in a news release.
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