Billionaire Reveals Plans for a Utopian City

Universal

| LAST UPDATE 09/09/2021

By Sharon Renee
telosa utopia marc lore
Dukas/Universal Images Group via Getty Images

Former Walmart president Marc Lore has recently become the face of endless headlines after announcing his latest plans: to build a complete Utopian city. From the metropolis' estimated budget to its blueprint design, here's what we know so far.

marc lore telosa utopia
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Named Telosa, the city would be like nothing we've ever seen before. And with good reason. The 150,000-acre project would be created with two things in mind: "The mission of Telosa is to create a more equitable and sustainable future," as Lore explained in a promotional video. As for what that would look like, exactly?

From the looks of Lore’s proposal, the city’s futuristic architecture would be matched by equally innovative planning: eco-friendly designs, sustainable energy, and autonomous public transportation. But that’s not all. If things go as planned, Telosa will become the “blueprint of future generations,” as Lore proudly assured.

marc lore utopian city
Instagram via @marclore

Of course, though, there is a lot to be done before then. With an estimated $400 billion budget, the upcoming project would require much more than generous funding. While scouting is currently underway, Lore and hired architecture firm Bjarke Ingels Group (BIG) will have to find the perfect spot to build their sustainable city.

Where might that be? According to Telosa's official website, Nevada, Utah, Idaho, Arizona, Texas, and the Appalachian region are all potential options at this point in time. But while the project is just getting started, Lore is actually more hopeful than ever. In fact, the billionaire already plans on welcoming Telosa's first residents - an estimated 50,000 - as early as 2030.

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telosa utopia marc lore
Instagram via @marclore

"We have a chance to prove a new model for society that offers people a higher quality of life and greater opportunity," Lore explained. "When I look out 30 years from now, I imagine [Telosa] serving as a blueprint for other cities — and even the world... being a place of pride for all who live there."