{"id":52183,"date":"2017-11-14T05:28:14","date_gmt":"2017-11-14T05:28:14","guid":{"rendered":"https:\/\/www.biphoo.com\/bipnews\/?p=52183"},"modified":"2017-11-14T05:28:14","modified_gmt":"2017-11-14T05:28:14","slug":"bill-gates-invests-80-million-to-build-arizona-smart-city","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/news\/bill-gates-invests-80-million-to-build-arizona-smart-city.html","title":{"rendered":"Bill Gates invests $80 million to build Arizona smart city"},"content":{"rendered":"<h2 style=\"text-align: justify\"><span style=\"font-size: 18pt\"><strong><span style=\"font-family: Arial, Helvetica, sans-serif;color: #000000\">Bill Gates invests $80 million to build Arizona smart city<\/span><\/strong><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Bill Gates wants to build a futuristic community in Arizona.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">A group associated with a Gates investment company has invested $80 million in a high-tech planned development outside Phoenix.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The community in Belmont will be designed around high-speed networks, autonomous vehicles, high-speed digital networks, data centers, new manufacturing technologies and autonomous logistics hubs.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">It&#8217;s unclear how much former Microsoft CEO Gates, who owns Belmont&#8217;s parent company Cascade Investment, will be involved in the effort.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Belmont Partners, the Arizona-based real investment group that&#8217;s leading the project, said it will be similar in size to nearby Tempe, Arizona, which has a population of 182,000.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">&#8220;Envisioning future infrastructure from scratch is far easier and more cost efficient than retrofitting an existing urban fabric,&#8221; Grady Gammage, a spokesman for the venture said in the statement.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Arizona has a reputation as being a technology-friendly state. Several major players in the autonomous vehicle industry &#8212; Waymo, Uber and Intel &#8212; are testing their innovations in the state.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The investment is the latest example of excitement surrounding rebuilding cities from the ground up with a digital mind-set.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">But developing a new city or even a neighborhood isn&#8217;t cheap. This October Sidewalk Labs, the urban innovation arm of Google&#8217;s parent company Alphabet, committed $50 million for the initial phase of planning and pilot testing a Toronto neighborhood development.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">It&#8217;s designed as a model neighborhood for the 21st century, with reduced pollution, shortened commutes, safer streets and better weather.<\/span><\/p>\n<p><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Transportation will be designed around shared electric vehicles, walking and biking. More flexible zoning will blend commercial, industrial and residential areas.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Only a week later after the Toronto announcement, Saudia Arabia announced plans to invest $500 billion in a new global hub meant to push the boundaries of innovation and exemplify the future of civilization.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">The smart cities trend has gained momentum as Silicon Valley&#8217;s disruptors shift their focus to transportation innovations such as autonomous vehicles and ridesharing services.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">Belmont&#8217;s developers are counting on the expected development of Interstate 11, which will serve the area, to boost development. But right now, the company is not rushing to move forward.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-size: 14pt;font-family: Arial, Helvetica, sans-serif;color: #000000\">&#8220;This is a very long term, very patient investment,&#8221; Gammage told CNN Tech.<\/span><\/p>\n<p><span style=\"font-size: 8pt\">Source:-\u00a0http:\/\/money.cnn.com\/2017\/11\/13\/technology\/future\/bill-gates-smart-city-arizona\/index.html<\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/news\/bill-gates-invests-80-million-to-build-arizona-smart-city.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Bill Gates invests $80 million to build Arizona smart city Bill Gates wants to build a futuristic community in Arizona. A group associated with a Gates investment company has invested $80 million in a high-tech planned development outside Phoenix. The community in Belmont will be designed around high-speed networks, autonomous [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":52195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[10623,99977,99976,99978,99979],"class_list":["post-52183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bill-gates","tag-bill-gates-city","tag-bill-gates-invests-80-million-to-build-arizona-smart-city","tag-bill-gates-smart-city","tag-smart-city"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/52183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=52183"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/52183\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/52195"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=52183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=52183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=52183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}