"Is the Network State an online movement that uses cryptocurrency to fund self-governing micro-communities coming to Cloverdale? That speculation, fueled by a Nov. 12 Substack post by the account The Nerd Reich, became a flashpoint Wednesday night during a joint meeting of the Cloverdale City Council and Planning Commission. The groups gathered for a presentation from the Esmeralda Land Co. about its proposal to redevelop the long-stalled Alexander Valley Resort site."
"Esmeralda, a Bay Area-based developer founded by Devon Zuegel, wants to transform the 266-acre property on Cloverdale's south end into a new mixed-use neighborhood with homes, public parkland, restaurants, retail space, multiple hotels, and a conference and event center. Zuegel said the plan scales back what has been approved on the site for the past two decades and adds a public park that would be gifted to the city."
"The development would offer 166 detached single-family homes, from one-bedroom starter homes to four-bedroom models with accessory dwelling units. The average single-family home would be about 1,582 square feet. Plans also call for 239 attached village flats studios to three-bedroom apartments and 200 active living senior units, from studios to two-bedroom apartments. Home prices would range from $600,000 to $4 million, according to Esmeralda documents, which note that pricing would shift with the housing market."
"The resort component would include three separate lodging concepts: a 120-room resort hotel with two restaurants, a 64-room boutique hotel and a 16-unit apartment-style resort building. A spa, fitness center, racquetball club, Japanese-style hot spring and more than 21,000 square feet of retail space round out the concept. The development's components would be linked by what Zuegel called the necklace a bikeable, walkable trail designed to encourage movement throughout the community."
Speculation arose that the Network State, an online movement using cryptocurrency to fund self-governing micro-communities, might be involved in Cloverdale after a Nov. 12 Substack post. Esmeralda Land Co., founded by Devon Zuegel, proposes redeveloping the long-stalled 266-acre Alexander Valley Resort into a mixed-use neighborhood with homes, hotels, retail, restaurants, a conference center, and public parkland to be gifted to the city. Housing plans include 166 detached single-family homes, 239 attached village flats, and 200 senior units, with prices estimated between $600,000 and $4 million. The resort component would feature multiple lodging concepts, amenities, and a bikeable 'necklace' trail.
Read at www.pressdemocrat.com
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