California’s Billionaire-Backed City Gets Promise of First Jobs
- Employers in tech, aerospace, finance pencil in hiring plans
- Proposed Solano County development faces voters in November
California Forever, the billionaire-backed effort to develop a new city northeast of San Francisco, unveiled a list of the first employers penciling in hiring plans for the area, a key goal for the project.
A dozen companies in tech, manufacturing and finance expressed interest in adding jobs in the proposed Solano County project if voters approve a local ballot measure in November to loosen land-use regulations, California Forever said Thursday. While the commitments are nonbinding, some of the prospective employers have already started negotiating terms for future space.