The dream. Build a livable, affordable, eco-friendly community. California Forever owns more than 100 square miles of land here in Solano County, backed by Silicon Valley investors to build a new city.

We're going back to what the Bay Area and Northern California used to do back in the 60s and 70s and 80s when it was the center for high-tech manufacturing in America.

This new city will be entirely self-funded and sustainable. The innovation engine that we have in Northern California is really special and the fact that we are throttling it by not building up housing is just crazy.

Ladies and gentlemen, please welcome California Forever's Yan Stramic.

Morning. As you've just heard, I run California Forever, which is building the next great American city. And we are building it right here in California.

And I know what all of you are already thinking, which is, uh, California. Really? Well, uh, where are we today? We are in California. The Allen Summit is in California. And I think that's kind of the point because despite all of its flaws and challenges, California is irreplaceable.

Whether you like it or not, there is nowhere else in America that can play the role that California plays, uh, in the United States right now. And so we have to fight for fixing all of the things that are wrong with the state.

I was born in Eastern Europe in 1987 in the Czech Republic. Uh which was two years before the wall came down. And uh growing up as a kid in posts Soviet Eastern Europe, um California was the California dream. California was this.

And then after 26 years, I finally got here in 2013. And what I found was this. It was homelessness. It was people throwing rocks at Google buses. It was companies beginning to leave the state. And and all of it was entirely self-inflicted. All of it. This was a self goal. 100% of it.

Because we had failed to build enough of everything that you need to run an actual state. We failed to build enough housing. We failed to build enough office space. We failed to build enough factories. We failed to build enough freeways and trains and energy. All of it.

And uh I found that profoundly sad because to me, California and more broadly America, we we were defined by building to the rest of the world. I mean, we were the place that could build better than anyone else in the world.

The Golden Gate Bridge was built in four years. The Boeing 747 went from an idea to carrying a fair paying passenger in three years. The Navy got the idea to build a nuclear submarine in 1951. It was in the water in 1954

and I thought it was really sad. Now here's the good news. It took a while but in the last few years uh both on the left and on the right we have realized that this question of how do we build in America is going to be the defining question of um the next 20 years and that brings me to this.

Shortly after coming to California about a decade ago, I started working on what became California Forever. And we wanted to build a place where California would build at a scale that is worthy of this great state.

And we are doing that in a place called Solano County, which is about halfway between Silicon Valley and Sacramento. Very importantly, it's also about half an hour east of Napa.

Over the decade, we've raised over a billion dollars and we've acquired nearly 70,000 acres to build. That's over a 100 square miles. This is what it looks like.

It is this incredible canvas for California to build. Again, it is five times the size of the island of Manhattan. The land we own is two and a half times the size of the city of San Francisco. It is where the Sacramento Bay meets the Sacramento River.

And what we going to build there are all of the things that California and America need right now. And we're going to start by actually going back to what built Silicon Valley.

Uh we're going to start by building the Solano Foundry which will be the largest advanced manufacturing park in America. Um where Silicon Valley can once again colloccate R&D and um and production.

There's been a lot of talk about China here today and on shoring manufacturing. We cannot compete with China and onshore manufacturing by throwing bodies at the problem. We simply don't have enough people in America to do that.

The only way that we can compete is by building factories of the future where we use robotics and AI to dramatically increase the productivity per worker. That also makes the job more fun. That also allows those companies to pay those people way better to work in those factories.

Who are the people who can build the factories of the future? Who are the people who do robotics and AI? Where do they live? They predominantly live in the Bay Area.

And right now we are making it insanely hard for them to do their job by forcing them every time they need to go to the factory floor to get on a plane in Silicon Valley and fly to some other part of America and then adjust it and then spend 3 days coming back.

You cannot do a one-day trip to Texas or Ohio. It's a 3-day trip. We should have places where Silicon Valley can build an hour outside of Manuel Park. And that's what we're building with the foundry.

The second major national security issue that we're working on is ship building. As you might have heard, we have quite a serious problem, Houston.

Just as one example, Jong Jing Island shipyard in China built more ships last year than we have built collectively in the United States since the end of the Second World War. One shipyard.

And by the way, every ship in China that is a commercial ship is built to military standards. so that if you need to in a conflict scenario, you can mount it with guns and systems and everything else that you need.

We have a long way to go. Here is the good news. Jong Jing Island, the Death Star of Chinese ship building, is the area that you can see in red on this image.

Newport News, which is the biggest shipyard we have in America, um is shown in blue. And then the next few shipyards are the next shipyards where we build submarines and other programs.

The good news is that they all fit on the 6 and a half miles of waterfront that we own in Solano County on the deep water ship channel. All of them. And that is less than 10% of the holding that we have overall in the area.

So this shipyard has the scale to really move the needle for the country.

But it's not just that. This is a map of all of the shipyards in the United States, public and private. And what you can see is that most of them are huddled around on the eastern seabboard and in the Gulf.

I hate to break it to you, but the enemy is that way. If you're the Chinese Communist Party, the first thing that you'll do in any kind of conflict in the Pacific is you will bomb or otherwise shut down the Panama Canal.

And if you've done that, there is no way to bring our ships back into the United States into the shipyards for repair. And there is no way to bring new ships out into the conflict without going around Argentina, which is tens of thousands of miles away.

So we desperately need new shipyards. We desperately need them in on the West Coast. And the good news is that the best and the biggest site in America for ship building, for new shipyards, happens to be located in the Bay Area,

which is number one, the best natural harbor in the country. And number two, where all of the AI talent is that you need to build the ships of the future in the shipyard of the future.

Lastly, you can't just build a shipyard and a manufacturing park. You need to build a whole city to support them.

And to do that, we building a new walkable city for up to 400,000 people. Um, but unlike the shipyard and the foundry, which are about technologies of the future and of the 21st century, the city is inspired by old American neighborhoods, by places like Charleston and the West Village and Marina in San Francisco where you have traditional, beautiful architecture.

Your 80-year-olds can walk to school alone and um you can have dinner with friends in a in a public square. Uh it's the kind of place that so many so many Americans and Californians want to live in, but right now they either can't afford it or they even can't find it at all.

And so in summary, there is this incredible energy whether it's the re-industrialized movement, whether it is um the abundance movement, people who say let's it's time to build and all of them are calling on America to meet the moment.

And in the past eras whenever that happened, we had symbols that were built in those eras. The Guilded Age had the transcontinental railroad and the rebuilding of Chicago.

The New Deal had the Hoover Dam. Uh during the war, we built ships in Kaiser shipyards with Rosie the Riveter and the space age put a man on the moon.

And our proposition is that because of its scale and its location and ambition, California Forever is a physical manifestation of all of the most important things in America right now.

this new optimism, manufacturing, ship building, homes for everyone, speed and abundance. And that's why this matters for Solano County. That's why this matters for California. That's why this matters for America because all of these places need a new shining city on a hill and that's what we are building. Thank you very much.