2024-12-22T03:22:11-05:00 https://archinect.com/news/article/149954668/what-s-the-newest-project-for-silicon-valley-investors-building-cities Nicholas Korody 2016-06-28T17:39:00-04:00 >2018-01-30T06:16:04-05:00 <img src="https://archinect.gumlet.io/uploads/w6/w6znp25mxx2l0vmt.jpg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Y Combinator, the startup accelerator and investment firm that helped produce Airbnb, Dropbox, and Instacart, is embarking on a creation project arguably more ambitious than any company. "We want to build cities," wrote Y Combinator partner Adora Cheung and President Sam Altman...the project aims to develop ways to reduce housing expenses by 90 percent and to develop a city code of laws simple enough to&nbsp;fit on 100 pages of text. Eventually the plan is to actually produce a prototype city.</p></em><br /><br /><p><em>"We&rsquo;re not trying to build a utopia for techies," says Cheung, the project&rsquo;s director and the former CEO of failed housecleaning startup Homejoy. "This is a city for humans."</em></p><p>For more news from Silicon Valley, check out these links:</p><ul><li><a href="http://archinect.com/news/article/149943493/silicon-valley-campuses-at-risk-as-sea-levels-rise" rel="nofollow" target="_blank">Silicon Valley campuses at risk as sea levels rise</a></li><li><a href="http://archinect.com/news/article/149915339/silicon-valley-is-set-to-get-over-10k-more-housing-units-is-this-the-beginning-of-the-end-of-its-housing-crisis" rel="nofollow" target="_blank">Silicon Valley is set to get over 10K more housing units &ndash; is this the beginning of the end of its housing crisis?</a></li><li><a href="http://archinect.com/news/article/141300588/can-silicon-valley-save-the-bay-area" rel="nofollow" target="_blank">Can Silicon Valley save the Bay Area?</a></li><li><a href="http://archinect.com/news/article/138352532/a-city-for-the-future-but-devoid-of-people" rel="nofollow" target="_blank">A city for the future but devoid of people</a></li></ul>