Bill Gates purchases Arizona land to build future 'smart city'

14 November, 2017, 17:36 | Author: Leticia Walters
  • Bill Gates Smart City Belmont

Gates' Arizona investment has echoes of previous attempts to build smart cities away from the rest of civilization.

An investment firm controlled by the Microsoft cofounder and philanthropist has bought almost 25,000 acres about 45 miles west of Phoenix to build a smart city, communities that are built from the ground up with the idea of integrating technology into their residents' lives.The proposed community, known as Belmont, would serve a "template" for development of sustainable cities capitalizing on cutting-edge infrastructure, the investment firm Belmont Partners said a statement.

"Belmont will transform a raw, blank slate into a purpose-built edge city built around a flexible infrastructure model", Belmont Partners said in a statement.

What is not clear is how much Gates, who is the owner of Belmont's parent business Cascade Investments, is going to be involved with in the buildout.

The community will be known as Belmont and will be composed of offices, stores, schools, and homes. Located in the far west valley, the piece of land is comprised of approximately 24,800 acres.

The 25,000-acre land will be divvied up in a way that most benefits the Belmont community. While the highway is tentatively set to complete construction in 2018, no timetables for Belmont have been publicly announced yet.

In the proposed plan, 3,800 acres will be zoned for commercial and office space, and another 470 acres will assigned to public schooling, with projected housing for 80,000.

"Belmont will create a forward-thinking community with a communication and infrastructure spine that embraces cutting-edge technology", firm representatives said in a news release, which will include "autonomous logistic hubs" and "new manufacturing technologies". The United Nations predicts 2.5 billion people will move into cities by 2050. In many cities, the infrastructure technology is decades-old and inadequate for today's demands. It is not surprising that Gates has put his stamp of approval on the idea.

Technology billionaire Bill Gates is to build the world's first goal built smart city - with driverless cars and state of the art connectivity. He and his wife Melinda founded the Gates Foundation, which has a mission of reducing poverty around the world and improving education in the US.



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