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Bill Gates buys big chunk of land in Arizona to build 'tech city'

Posted by K R on

Bill Gates buys big chunk of land in Arizona to build 'tech city'

One of Bill Gates' investment firms has spent $80 million to kickstart the development of a brand-new community in the far West Valley. The large plot of land is about 45 minutes west of downtown Phoenix off I-10 near Tonopah. The proposed community, made up of close to 25,000 acres of land, is 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,...

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