I could see Disney San Fran taking a chunk of this.
Maybe someone (ex-Pentagon, ex-govt, etc) folks know something that the rest of us don’t. Maybe they know that the base is on some sort of short list for closing someday soon. Then a whole new city could be formed right there … and their cheap as dirt (ha pun) land will be worth tenfold or even a hundredfold.
The article got clearer. The investors wanted better conditions than Silicon Valley and in particular San Fran.