#land-acquisition

#land-acquisition

According to half a dozen people affiliated with companies working on or around the Meta site, the land purchase paves the way for a Phase 2 expansion of the Hyperion project, which has been widely discussed, including by President Donald Trump, as one of the nation's largest AI data centers in the works. Fortune observed active work underway on the newly acquired land, which several sources say was purchased from local landowners George B. Franklin & Sons roughly three to four months ago.

Elon Musk's The Boring Company has purchased its first parcel of land in Nashville, marking a step toward its Music City Loop project. As per Davidson County records, the tunneling startup acquired 0.84 acres at 200 Jupiter Drive on September 23 for $937,812 through its Nevada-based LLC, FJ Pads. The property, which is located less than half a mile from Nashville International Airport, currently houses a church and parking lot.

Two hilly, wooded parcels of land in Llanafan Fawr were bought by the Woodlander Initiative (TWI), a land-buying scheme led by Simon Birkett, a far-right figure with links to Patriotic Alternative, the UK's largest fascist group. Critics say Wiltshire-based Birkett's aim is to create a racially exclusive settlement; he has cited Orania, a whites-only town in South Africa, as an inspiration for the project. TWI successfully bought the two small plots totalling a few acres from a local farmer late last year, after attempts in Cumbria and East Sussex fell through. Since launching in 2023, the group has raised 165,000 of a goal of 1m money Birkett plans to use to buy land or property in every county in Britain.

Manchester United intends to construct a 100,000-seat stadium near Old Trafford to catalyze an economic boost. However, plans are stalled due to land acquisition negotiations.