Billion-Dollar City without Residents to be Built to Test New Technology
Thursday, May 10, 2012
Artist's rendering of CITE (graphic-Pegasus)
A bricks-and-mortar version of Sim City is going up in New Mexico, where a technology development firm will spend $1 billion to build a full-scale city just for scientists and engineers to tinker with.
Construction of The Center for Innovation, Testing and Evaluation (CITE) will begin next month, says Pegasus Global Holdings LLC, the company behind the idea. Located on 15 square miles near the town of Hobbs, CITE will include a downtown, suburban neighborhoods and outlying rural areas.
No residents will live at CITE, which will include both new and aging structures. The only people seen moving around it will be experts and staff testing out new technologies for advances in energy, telecommunications and transportation “without the complication and safety issues arising from having residents.”
-Noel Brinkerhoff
To Learn More:
Pegasus Breaking Ground In June On $1B Technology Testing ‘City’ (by Kevin Robinson-Avila, New Mexico Business Weekly)
Pegasus Chooses Hobbs For $1 Billion Mock City (by Steve Ramirez, Las Cruces Sun-News)
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