It will be Telosa, a city planned for the American desert.

(CNN) – The cleanliness of Tokyo, the diversity of New York and the social services of Stockholm: Billionaire Mark Lore outlined his vision of a “new city in the United States” for 5 million people and appointed a world-renowned architect to do so. I designed it.

Now you need a place and $ 400 billion to build it.

The former Walmart executive last week hopes to build Delosa, a stable metropolis in the American desert. The ambitious 60,702-hectare project promises eco-friendly architecture, sustainable energy production and drought-resistant water system. The so-called “15-minute city system” will allow residents to access their workplaces, schools and services within a quarter of an hour from their homes.

While planners are still looking for locations, Nevada, Utah, Idaho, Arizona, Texas and the Appalachian region are all on the project’s official website.

The ad was accompanied by a series of digital renderings by the Fijian Ingels Group, which hired an architectural studio to revive Lorraine’s fantasy dream. Images of residential buildings covered with greenery and imaginative open spaces are enjoyed. Autonomous vehicles with scooters and pedestrians roam the sunny streets as fossil fuel vehicles are banned in the city.

Another image shows a skyscraper called the Equity Tower, which has been described as “a lighthouse for the city”. The building’s water storage, aeroponic farms and photovoltaic roofs allow you to generate energy and “share and distribute everything you produce”.

The first phase of construction, which will have 50,000 residents on 607 hectares, will cost $ 25,000 million. The entire project is expected to exceed $ 400 billion and the city will reach the target of 5 million people in 40 years.

Funding will come from “various sources”, according to project organizers, including private investors, philanthropists, federal and state grants and economic development assistance. Aiming to welcome the first residents by 2030, planners hope to address state officials “very soon”.

A new urban model

In addition to innovative urban design, the project also promises transparent management and what it calls a “new model of community”. It derives its name from the ancient Greek word “delos” (a term used by the philosopher Aristotle to describe an intrinsic or lofty purpose) and allows city dwellers to “participate in decision-making and budgeting.”

Meanwhile, a community donation will provide residents with a shared right to land.

In a promotional video, Lore described his plan as “the most open, fair and inclusive city in the world”.

Lore founded Jet.com before selling to Walmart and joined the retail company in 2016 as head of e-commerce in the United States. He left the company earlier this year, Confirmation His retirement plans include working on a reality show, advising startups and creating a “future city”.

On the official Telosa site, Lore explains that he was inspired by American economist and social theorist Henry George. The investor cites “major shortcomings of capitalism”, many of which are attributed to the “American-built land tenure model”.

“Newly built cities are like real estate projects,” Lore says in a promotional video for the project. “They don’t start with those in the center because if they start with those in the center, they will immediately think, ‘Well, what is the mission, what are the values?’ Telosa’s mission is to create a more equal and sustainable future. That is our guide. “

BIG’s founder, Danish architect Jorke Ingels, says Delosa “embodies the social and environmental focus of Scandinavian culture and the freedom and opportunity of greater American culture.”

This is not the first new city planned by Ingles’ company Establishing a ski slope Co-designed by Copenhagen Power Station and Google’s new headquarters in London and California. In January 2020, Japanese automaker Toyota announced that it had appointed BIG to develop a larger project. New city with 2,000 people On the slopes of Mount Fuji. Although it is significantly smaller than Telosa, the project, known as the Woven City, promises autonomous vehicles, smart technology and robot-assisted living testing.