The Real Deal reported on Musk’s new real estate venture in early February, referring to it as a “neighborhood” created in partnership with homebuilder Lennar. The idea was to erect 110 homes in Bastrop County, where the Boring Company has a large — and expanding — presence. Called “Project Amazing” — because of course it is — the tract of 70 acres near a bend in the Colorado River would be used to house employees of his companies with locations in Central Texas, including the Boring Company, Starlink, Tesla, and SpaceX.
“That’s not even going to touch his needs,” Matt Holm, a Compass real estate agent and president of the Tesla Owners’ Club Austin said. “There’s thousands of homes needed, not hundreds.”