Bill Gates has reportedly picked up a big plot of land in Arizona which he plans to turn into a "smart city."

 

Bill's company shelled out $80 million for the nearly 25-thousand acres in Tonopah, around 50 miles west of Phoenix. The development, called Belmont, will reportedly have room for 80-thousand homes along with 3,800 acres of office space and retail outlets, 3400 acres of open space and 470 acres dedicated for public schools.

Getty Images for Bill & Melinda Gates Foundation

It will feature "cutting-edge technology designed around high-speed digital networks, data centers, new manufacturing technologies and distribution models, autonomous vehicles and autonomous logistics hubs."

But not everyone is impressed.

Maybe he just wants to be close to the Stealth Fighter Base for the F-117's in case he needs to try and leverage a quick hop somewhere.

Getty Images

Stay tuned.