Gallery: Green Tech ‘Ghost Town’ Hunting For New Home in New Mexico

 

Pegasus Holdings just announced that its $1 billion dollar green tech ghost town has been put on hold due to a lack of land. The Center for Testing, Evaluation and Innovation — a city with no inhabitants — is designed to test new green technologies, however the plans are so large that the company has been unable to get enough land to build it. This is bad news for the local community of Hobbs, New Mexico, which was counting on the economic boost the ghost town would provide, but it could be good news for another region as the plans are still being developed and the developer is actively looking for a new site.

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1 Comment

  1. vannshane July 21, 2012 at 3:45 pm

    The stress test of real people using tech would make it the most viable. Anything developed in a test tube usually withers in the real world. Ecosystems do not work in a scientist’s mind of pure relationships. The interconnections are what make ideas reliable and resilient.

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