Amie Windsor, PRESS DEMOCRAT
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 blog 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.