2021: Reclaiming 640 Acres
How and WHY to seed, root, grow and sustain wealth locally
Why 640 acres?
The City of Austin estimates that there are 6,395 residents in those 640 acres:
With high median and average income per household:
The new Samsung campus is also 640 acres
“The chief accountant of Texas sent a letter to a local government in the state advising it that Samsung Electronics is entitled to a property tax cut of at least $285 million for 15 years for the building of a $17 billion factory. Samsung plans to expand its foundry, a business that manufactures chips by contract, on 640-acres of land. Samsung said it will create 1,800 jobs in the first ten years.”