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

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 Partners seem to be pushing the "smart city" angle but they are not one of the aforementioned Bill Gates' investment firm. So it's only second hand knowledge? Much more toned down story on the land acquisition here: http://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/11/08/bill-gates-cascade-invests-belmont-real-estate-development-near-phoenix/842280001/ http://www.azcentral.com/story/money/real-estate/catherine-r...