Netflix founder building luxury retreat for teachers: Report
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Netflix founder and billionaire Reed Hastings is reportedly building a luxury retreat for teachers in Colorado's Rocky Mountains, Vox's tech magazine Recode reported Tuesday.
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Hastings, who has a net worth of about $5 billion, has been one of the country's most generous education donors and he personally contributed about $20 million toward the development of a 2,100-acre luxury teacher training center called Retreat Land at Lone Rock as part of a foundation that aims to enhance teacher skills.
"The proposed Conference and Retreat Facility will be run as a nonprofit institute serving the public education community’s development of teachers and leadership," an aide for Hastings said in one public Park County document obtained by Recode.
Hastings helps finance and serves on the board of the Pahara Institute, a public education reform organization, which is expected to use the new facility, according to a notice from the Institute.
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"The CEO will lead the continued development and growth of Pahara’s community and transformational programs, and with plans in place for new, state-of-the-art space available to Pahara just outside of Denver, the new CEO will lead the transition of its seminars and operational support to the new location," the Pahara Institute wrote in what is likely a reference to Hastings' new facility, Recode reported.
The Netflix founder and his wife have been visiting the development area since 2017, according to the outlet, and met with the local fire department to go over permitting rules.
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The center, which is expected to have about 270 rooms, will provide a gathering space for overlapping groups of about 30 teachers at a time who will likely stay at the resort for several days as part of their respective retreat programs. These programs may include sports, classroom and outdoor activities, one document Recode reviewed states.