California Forever preempts county with own economic impact report
Daily Republic, by Todd R. Hansen, July 16, 2024
FAIRFIELD — California Forever has released a 22-page highly technical economic impact report on its East Solano Plan – one week ahead of Solano County presenting its own impact assessment to the Board of Supervisors.
The California Forever report – compiled by Oakland-based Blue Sky Consulting Group, the same firm that did the impact analysis on the proposed solar farm – addresses primarily the first phase of the proposed project.
It includes the construction value of the project, and the value of what it terms ongoing activity.
The first phase includes “approximately 23,000 new homes for 50,000 new residents, 10 million square feet of commercial and other buildings, and a 2,000-megawatt solar power generation facility,” the document states.
Specifically, the construction would include:
- Residential: 22,804 new units of housing for future residents of the new community.
- Non-residential: 10.1 million square feet of non-residential buildings.
- Infrastructure: All basic infrastructure necessary to support the new residents and businesses, including roads and bike paths, and infrastructure for electricity, water, wastewater, telecommunications and transportation.
- Public facilities: Schools, libraries, parks and open space, and government administration and public safety buildings.
- Solar facility: 2,000 megawatt of panel capacity and 5,000 megawatt of battery storage.
In total, residential development costs are an estimated $11.1 billion ($0.86 billion annually); non-residential construction costs are an estimated $2.6 billion ($0.20 billion annually); infrastructure, public buildings and solar facility are an estimated $19.05 billion ($1.47 billion annually).
“Phases Two and beyond would be a continuation of the development beyond 50,000 residents. All dollar amounts are presented in … (2024) dollars. Actual amounts would likely be larger due to increases in line with inflation.”
The executive summary states that construction of the first phase, if the initiative is placed on the Nov. 5 ballot and backed by the voters, would occur between 2028 through 2040.
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>> Get involved… Solano Together is another local organization opposing California Forever. Between now and November, you can get a yard sign from Solano Together and send Solano Together a much needed donation.
>> Read more… BenIndy coverage of the billionaire land grab, California Forever / East Solano Plan.
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