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Walmart Billionaire Marc Lore Is Planning a $500 Billion “City of the Future”



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 1 month ago '15        #1
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Walmart Billionaire Marc Lore Is Planning a $500 Billion “City of the Future”
 

 
While other billionaires are jockeying to get into space, Marc Lore has his eyes on planet Earth: The former Walmart exec has announced plans to create a new utopian city in the American desert, featuring self-driving cars and energy-efficient skyscrapers.

Telosa—named after the Greek word telos, meaning “higher purpose”—comes with a $500 billion price tag but would eventually house some five million people over the next 30 years.

In January, Lore first announced plans to step down as Walmart’s successful e-commerce director in order to focus on creating “the city of the future.”

“This is going to be a lifelong project,” the 50-year-old entrepreneur told Recode at the time. “It’s the thing I’m most passionate about.”

This month, Lore has shared more details, telling Fortune he was trying “to create a new model for society, where wealth is created in a fair way.”

He’s devised a “reformed version of capitalism” with Telosa he calls “equitism,” where anyone can build and sell homes, but the city retains ownership of the land underneath.

As the value of that land increases, a community endowment would invest the profits to support universal access to healthcare, education, transportation, and schools, regardless of income.

Lore said Telosa would house 50,000 residents on 1,500 acres in the first phase of development, expected to be complete by 2030.
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AD 100 Danish architecture firm BIG, led by Bjarke Ingels has been tapped to design this dream metropolis, which will include hotels, luxury spas, stadiums, public art, and more.

Ingels has designed headquarters for Apple and Google, as well as the Spiral skyscraper in Hudson Yards.

In Telosa, “training centers, cultural institutions, and retail spill out onto the street where shaded public spaces encourage residents to come together,” according to the project’s website. “Lush in native planting, the city parks host carefully managed reservoirs which store water for the city and provide all residents with open space within minutes of where they live.”

The literal centerpiece of Telosa will be the Equitism Tower, a funnel-shaped skyscraper described as “a beacon for the city,” with elevated water storage, aeroponic farms, and an energy-producing photovoltaic roof that allows it to distribute energy.

“Imagine a city with the vibrancy, diversity, and culture of New York City combined with the efficiency, safety, and innovation of Tokyo, and the sustainability, governance, and social services of Sweden,” reads the vision statement for Telosa. “This will be our New City.”
image

The city would have a density of around 33 people per acre, on par with San Francisco.

Exactly where this 21st-century Eden will be located is still to be determined: Developers are hoping to find inexpensive desert land in the Midwest or Appalachia.

“It’s a moonshot,” Lore told Fortune. “I don’t know if it will work, but we’ll learn a lot.”

Lore sold Jet.com to Walmart in 2016 for $3 billion in a deal that also saw him take charge of Walmart.com. In the first year, he boosted online sales by more than 40%.

He’s not the only one with designs for a futuristic desert oasis, though: In January, Saudi Crown Prince Mohammed bin Salman announced a $100–$200 billion plan to build the Line, a 106-mile-long belt of hyperconnected communities stretching from the mountains in the northwest of the country to the Red Sea.

Rather than one big development, it’s arranged as clusters of urban areas along a central “spine,” with schools, shops, and other necessities all within a five-minute walk.

With no cars or streets, the Line would have zero net carbon emissions: Residents would be ferried about by autonomous cars and ultra-high-speed transit.

It would be the first outpost of Neom, part of a $500 billion plan to transform Saudi Arabia into a tech hub, incorporating towns, cities, research, education zones, and tourist attractions, like a Jurassic Park–style amusement park with robotic dinosaurs and the highest density of Michelin-starred restaurants in the world.

Neom is being developed in Saudi Arabia’s Tabuk province near its borders with Jordan and Egypt.
visit this link https://www.architectural .. -of-the-future
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 1 month ago '18        #2
prettygirlmafia  topics gone triple plat - Number 1 spot x9
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equitism? Buy a house but you don't own the land.

Privately owned cities are the future.

"You'll own nothing n you'll be happy"

If this sh*t actually does happen, it's more than likely gonna be some land based Elysium type of City.









Last edited by prettygirlmafia; 09-22-2021 at 12:19 PM..
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 1 month ago '05        #3
4REAL  topics gone triple plat - Number 1 spot x4
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A utopian community ran by rich oligarchs where everywhere you go in the community requires vaccination passports, weekly vaccinations, microchipping, masking, constant surveillance, and controlled reproduction would be ideal for @ @ @ @ @ @ and the other zombie members on this site that enjoy being dominated by their government and getting a rush of totalitarian pr0n.
+16   

 1 month ago '11        #4
nyc 
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already know im not getting in without the vax

o well
+9   

 1 month ago '09        #5
faceoffizhere 
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sh*t really gonna be like hunger games it's gonna be multiple cities like this they gonna end up making them compete


Last edited by faceoffizhere; 09-22-2021 at 01:13 PM..
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 1 month ago '20        #6
Columbo 
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He wants to build this city in the desert ignoring the enormous strain thats already on the water supply in the west
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 1 month ago '05        #7
P DRILLA 
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fu*k ecosystems
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 1 month ago '06        #8
whammy  topics gone triple plat - Number 1 spot x1
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"You n*ggas can't come to Telosa. You all got Atlanta."
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 1 month ago '17        #9
Naga Sadow  topics gone triple plat - Number 1 spot x20
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 4REAL said
A utopian community ran by rich oligarchs where everywhere you go in the community requires vaccination passports, weekly vaccinations, microchipping, masking, constant surveillance, and controlled reproduction would be ideal for @ @ @ @ @ @ and the other zombie members on this site that enjoy being dominated by their government and getting a rush of totalitarian pr0n.
You dont even know what I believe. You saltines and crazy reich wingers love to push generalizations because your undeveloped brains can only think in simple terms.


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 1 month ago '19        #10
Playboi23  topics gone triple plat - Number 1 spot x1
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Nwo
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 1 month ago '08        #11
300strong3o5 
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...that time traveler n*gga seems a little legit right now he talked about big companies owning cities first then they becoming states
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 1 month ago '10        #12
Trilluminati GA 
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Yea....aight
+6   

 1 month ago '20        #13
Ball Man  topics gone triple plat - Number 1 spot x1
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Can't these rich motherfu*kers just enjoy life, feed the poor, build homes for homeless... or just do anything to help the planet and it's inhabitants instead of just devouring everything and taking all they can get their slimy hands on...

I understand purchasing land for your business or home but to purchase land to build a mahfu*kin city... Naw fam sit the the fu*k down and enjoy your wealth in other ways...

Just cause you can, don't mean that you should...
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 1 month ago '18        #14
BrooklynDamien  topics gone triple plat - Number 1 spot x2
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 300strong3o5 said
...that time traveler n*gga seems a little legit right now he talked about big companies owning cities first then they becoming states
Who was this that said that? You got a link?
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 1 month ago '17        #15
The Gary Group  topics gone triple plat - Number 1 spot x101
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 prettygirlmafia said
equitism? Buy a house but you don't own the land.

Privately owned cities are the future.

"You'll own nothing n you'll be happy"

If this sh*t actually does happen, it's more than likely gonna be some land based Elysium type of Ci



+1   

 1 month ago '21        #16
brazidizzle 
Props total: 291 291  Slaps total: 103 103
 prettygirlmafia said
equitism? Buy a house but you don't own the land.

Privately owned cities are the future.

"You'll own nothing n you'll be happy"

If this sh*t actually does happen, it's more than likely gonna be some land based Elysium type of City.







Who that?
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 1 month ago '09        #17
faceoffizhere 
Props total: 14994 14 K  Slaps total: 3986 3 K
All starting to make sense notice how all these rich dudes are buying up all the land like Gates, Bezos, etc well here are their plans
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 1 month ago '19        #18
jordanair45 
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Would be awesome. Sign me up. I’m all for billionaire doing sh*t like this with their money instead of buying boats that cost as much.

Current government sucks. Can never get anything done. We are not evolving and need a change.
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 1 month ago '21        #19
polio68 
Props total: 223 223  Slaps total: 49 49
 brazidizzle said
Who that?
That's @blis on twitter

 1 month ago '19        #20
TheKingofClowns 
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 Trilluminati GA said
Yea....white
Fixed*
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 1 month ago '07        #21
Damagegadget  topics gone triple plat - Number 1 spot x1
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Like I trust a Walmart ceo
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 1 month ago '17        #22
QdobaCasanova 
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Probably a money laundering scheme but the idea sounds, at best, lofty.

Would be curious if they were genuine.

Like in a morbid type of curious, tho. Like I wanna see if it crashes n burns.
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 1 month ago '18        #23
ChrisPartlowFro 
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 4REAL said
A utopian community ran by rich oligarchs where everywhere you go in the community requires vaccination passports, weekly vaccinations, microchipping, masking, constant surveillance, and controlled reproduction would be ideal for @ @ @ @ @ @ and the other zombie members on this site that enjoy being dominated by their government and getting a rush of totalitarian pr0n.
you fake black lame. It’s the middle of the workday in the middle of the week and you’re thinking about me and making threads?


holy sh*t you’re pitiful.
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 1 month ago '19        #24
aaf192020  topics gone triple plat - Number 1 spot x3
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You broke azz conspiracy theorists are not even going to live there and you're already projecting how they'd oppress you!!!!?????

You can't make this shxt up! First thing that comes to your mind is how they'd tread on your freedoms? That shxt is only going to be for the wealthy and have limited manual labor. They're not gonna need you!!!

They can already 3D print homes, have robots that can stock shelves and make 3 star cuisine, self driving cars, distance learning, etc. What exactly are you bringing to the table where they're gonna want your azz there? BX likes aren't gonna be a down payment on a mortgage buddy!

Fxcking fxggots wanna be oppressed by the man so bad. Pitiful.


Last edited by aaf192020; 09-22-2021 at 03:51 PM..
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 1 month ago '19        #25
ITL  topics gone triple plat - Number 1 spot x5
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Will it include the Chinese sweat shops used to produce the cheap sh*t in his and every other store in the country?
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