{"id":2961,"date":"2021-09-08T21:20:57","date_gmt":"2021-09-08T21:20:57","guid":{"rendered":"https:\/\/www.politicsphere.com\/?p=2961"},"modified":"2021-09-20T16:35:13","modified_gmt":"2021-09-20T16:35:13","slug":"telosa-billionaire-marc-lores-vision-of-an-american-new-city","status":"publish","type":"post","link":"https:\/\/www.politicsphere.com\/telosa-billionaire-marc-lores-vision-of-an-american-new-city\/","title":{"rendered":"Telosa : Billionaire Marc Lore’s Vision of an American ”New City”"},"content":{"rendered":"

With sufficient finances, any dream or aspiration is possible to achieve, and this view will be cemented by American Billionaire Marc Lore, who plans on establishing a new city in the US. Usually, people have \u2018small scale\u2019 hopes which can be attained within a short time, but Mr Lore is going for a ground breaking plan which will be a monumental achievement if he succeeds. While other wealthy individuals of his caliber, such as Bill Gates, Elon Musk, and Sir Richard Branson, chose space explorations, Lore is in pursuit of creating a new city with a \u2018modern touch,\u2019 technological advancements, and architectural prowess.\u00a0<\/span><\/p>\n

Marc Lore (50) revealed plans to create a city on American soil. The former president and CEO of Walmart US eCommerce amassed a lot of wealth from various projects and became one of the most proficient entrepreneurs in the US. In 2014, he launched an eCommerce website Jet.com, and the company was acquired by Walmart, Inc.\u00a0<\/span>[Source]<\/span><\/a>. Prior to that, he was the CEO of Quidsi, which he also co-founded, the parent company of a family of websites, including Diapers.com. When it comes to the business world, Mr. Lore is a self-taught guru with a web of successful corporations that are still kicking and earned a sit on the table with great business people across the globe.\u00a0<\/span><\/p>\n

Pegged at $400 billion, the Telosa plan is expected to be built from scratch in the American desert. In unraveling this project, Lore said, \u201cCities that have been built to date from scratch are more like real estate projects,\u201d and he added that \u201cThey don\u2019t start with people at the center, you would immediately think, \u2018OK, what\u2019s the mission and what are the values?\u201d. BIG\u2019s founder, Danish architect Bjarke Ingels, seemed impressed by Telosa as he suggested that it \u201cembodies the social and environmental care of Scandinavian culture, and the freedom and opportunity of a more American culture.\u201d He commented on Telosa\u2019s mission by saying that \u201cThe mission of Telosa is to create a more equitable and sustainable future. That\u2019s our North Star,\u201d\u00a0<\/span>[Source]<\/span><\/a>.<\/span><\/p>\n

As a way of showing his pure determination to leave a significant footprint on American territory, Lore employed the services of a famous architect to design his biggest project up to date. According to the released draft of Telosa, it will fill up a large land, around 150 000 acres of land, and with \u201ceco-friendly architecture, sustainable energy production, and a purportedly drought-resistant water system.\u201d Residents who will reside in the city are going to have an easy life under the \u201c15-minute city design\u201d that enables them to go to work, school, or any place \u201cwithin a quarter-hour commute of their homes.\u201d\u00a0<\/span><\/p>\n

A series of digital designs were shown during the project’s announcement on public forums, and some included pictures with residents enjoying open spaces and greenery landscapes. To support the reduction of global emissions, the images depicted autonomous vehicles moving and fossil fuel-powered vehicles will be banned in the city. Another notable feature in the display was a skyscraper termed \u2018Equitism Tower,\u2019 which was described as \u201ca beacon for the city\u201d with elevated water storage, aeroponic farms, and \u201can energy-producing photovoltaic roof that allow it to share and distribute all it produces.\u201d Equity is an ideology where people own a reasonable part of the land to instill equality among the residents\u00a0<\/span>[Source]<\/span><\/a>. The project website aired out concerns about the inequality trend in America, and the city might be able to rectify this issue. \u201cWhile the current economic system is a growth engine, it has led to increasing inequality,\u201d as noted by the website. Hence \u201cEquitism is inclusive growth\u201d and enact active participation from all parties instead of locking out societies from building their heaven on earth.\u00a0<\/span><\/p>\n

With a design crafted by a trusted architect firm, Bjarke Ingels Group (BIG), what is left for Telosa is to find a suitable area to place it in. Officials included in the project are currently searching for appropriate territories, and it is believed that possible targets include Nevada, Utah, Idaho, Arizona, Texas, and the Appalachian region, as noted on the project\u2019s website. Construction of the city will be in phases, with the first phase amounting to $25 billion dollars and will cater to 50 000 residents across 1 500 acres of land. Presented statistics show that around 5 million people would inhabit the city within 40 years, and the $400 billion funding will be obtained from various sources, including private players, state funds, federal grants, and other interested investors.\u00a0<\/span><\/p>\n

In laying out his plans, Lore went an extra step in doling out the \u201cnew model for society.\u201d This model is applauded for being transparent, stemming from the coining of the name \u2018Telosa,\u2019 which was derived from the Greek word \u2018telos,\u2019 meaning \u201can inherent or higher purpose.\u201d Under this form of governance, residents will \u201cparticipate in the decision-making and budget process\u201d and have part ownership of the city\u2019s land. Lore described it as the \u201cmost open, most fair and most inclusive city globally.\u201d<\/span><\/p>\n

Lore explained his initiative in regards to the benefits to society and said, \u201cIf you went into the desert where the land was worth nothing, or very little, and you created a foundation that owned the land, and people moved there and tax dollars built infrastructure, and we built one of the greatest cities in the world, the foundation could be worth a trillion dollars,\u201d\u00a0<\/span>[Source]<\/span><\/a>.<\/span><\/p>\n

He added that \u201cAnd if the foundation\u2019s mission was to take the appreciation of the land and give it back to the citizens in the form of medicine, education, affordable housing, social services: Woe, that\u2019s it!\u201d<\/span><\/p>\n

Some analysts described Telosa as a utopian world that might need a lot of effort in setting up because, on paper, it looks good. But the implementation process will demand more enthusiasm and dedication from everyone involved to achieve such a status like \u2018equitism.\u2019 Only time will tell, but given the plans so far, one can sense a picture of success being painted by Lore and his team.\u00a0 \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

With sufficient finances, any dream or aspiration is possible to achieve, and this view will be cemented by American Billionaire Marc Lore, who plans on establishing a new city in the US. Usually, people have \u2018small scale\u2019 hopes which can be attained within a short time, but Mr Lore is going for a ground breaking […]<\/p>\n","protected":false},"author":7,"featured_media":3163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[103],"tags":[],"uagb_featured_image_src":{"full":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2.jpg",2000,2500,false],"thumbnail":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-150x150.jpg",150,150,true],"medium":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-240x300.jpg",240,300,true],"medium_large":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-768x960.jpg",768,960,true],"large":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-819x1024.jpg",819,1024,true],"1536x1536":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1229x1536.jpg",1229,1536,true],"2048x2048":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1638x2048.jpg",1638,2048,true],"woocommerce_thumbnail":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-600x600.jpg",600,600,true],"woocommerce_single":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1000x1250.jpg",1000,1250,true],"woocommerce_gallery_thumbnail":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-100x100.jpg",100,100,true],"jnews-360x180":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-360x180.jpg",360,180,true],"jnews-750x375":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-750x375.jpg",750,375,true],"jnews-1140x570":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1140x570.jpg",1140,570,true],"jnews-120x86":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-120x86.jpg",120,86,true],"jnews-350x250":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-350x250.jpg",350,250,true],"jnews-750x536":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-750x536.jpg",750,536,true],"jnews-1140x815":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1140x815.jpg",1140,815,true],"jnews-360x504":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-360x504.jpg",360,504,true],"jnews-75x75":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-75x75.jpg",75,75,true],"jnews-350x350":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-350x350.jpg",350,350,true],"jnews-featured-750":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-750x938.jpg",750,938,true],"jnews-featured-1140":["https:\/\/www.politicsphere.com\/wp-content\/uploads\/2021\/09\/Marc_Lore_Profile_Image-2-1140x1425.jpg",1140,1425,true]},"uagb_author_info":{"display_name":"Mike Strauss","author_link":"https:\/\/www.politicsphere.com\/author\/m-strausspoliticsphere-com\/"},"uagb_comment_info":0,"uagb_excerpt":"With sufficient finances, any dream or aspiration is possible to achieve, and this view will be cemented by American Billionaire Marc Lore, who plans on establishing a new city in the US. Usually, people have \u2018small scale\u2019 hopes which can be attained within a short time, but Mr Lore is going for a ground breaking…","_links":{"self":[{"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/posts\/2961"}],"collection":[{"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/comments?post=2961"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/posts\/2961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/media\/3163"}],"wp:attachment":[{"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/media?parent=2961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/categories?post=2961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsphere.com\/wp-json\/wp\/v2\/tags?post=2961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}