(Deming)—The Luna County Commission met today (Thursday) and unanimously approved an economic development agreement with Pegasus Global Holdings.
The agreement now gives Luna County officials the ability to begin to negotiatefor Pegasus to build an uninhabited replica of an average, mid-size American city where researchers can
test everything from intelligent traffic systems to next-generation wireless networks.
Pegasus is looking to invest a potential 1 billion dollars into New Mexico.
It’s essentially a ghost town where new commercial technology would be developed and evaluated.
The Las Cruces Sun News reports that the agreement outlines a scope of one year for the project to begin, with the agreement, itself, lasting for two years.
Despite the commission's approval, the company has not said Luna County will be where mock city will be built. However, if plans are finalized, a portion of the project could be in Doña Ana County, where it adjoins Luna County.
Pegasus spokesperson Alarie Ray-Garcia has said other locations in New Mexico are still being considered. Those possible locations could include Las Cruces, Roswell and Albuquerque. However, Pegasus officials wouldn't confirm the other communities they are looking at.
The agreement now gives Luna County officials the ability to begin to negotiatefor Pegasus to build an uninhabited replica of an average, mid-size American city where researchers can
test everything from intelligent traffic systems to next-generation wireless networks.
Pegasus is looking to invest a potential 1 billion dollars into New Mexico.
It’s essentially a ghost town where new commercial technology would be developed and evaluated.
The Las Cruces Sun News reports that the agreement outlines a scope of one year for the project to begin, with the agreement, itself, lasting for two years.
Despite the commission's approval, the company has not said Luna County will be where mock city will be built. However, if plans are finalized, a portion of the project could be in Doña Ana County, where it adjoins Luna County.
Pegasus spokesperson Alarie Ray-Garcia has said other locations in New Mexico are still being considered. Those possible locations could include Las Cruces, Roswell and Albuquerque. However, Pegasus officials wouldn't confirm the other communities they are looking at.
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