Burning Man buys 3,800-acre ranch – is it about to build a year-round festival?

• Festival organizers purchased a 3,800-acre property in Nevada for $6.5m
• Usually city is built then burned as a statement about impermanence

Burning Man, a hedonistic 10-day festival in the Nevada desert, has bought a massive property where it plans to build a year-round location.

Festival organizers announced today they've closed on a deal on Fly Ranch, a 3,800-acre property in Washoe County, Nevada, for $6.5m, half what owner Sam Jasick asked for a few years ago (he has since passed away, and his son Todd was more interested in closing the sale). At recent Burning Man festivals, organizers said they were taking potential investors on tours including well-known burners and technologists SpaceX founder Elon Musk, Google co-founder Sergey Brin, and Airbnb executive and Burning Man board member Chip Conley. None have confirmed involvement in the Fly Ranch deal.