Audi USA, via Flickr
HOBBS, N.M. — Just outside of Hobbs will be the most innovative city in the United States, according to Fast Company.
Created by Pegasus Global Holdings, the city — called the Center of Innovation, Testing and Evaluation — will be exactly like a typical American city for about 35,000 people. The innovative part? It will not have any permanent residents. This 15-square mile city will have a downtown, residential neighborhood and retail district, according to the article.
CITE will focus on high-tech companies such as those that provide autonomous cars and new wireless networks. It will solve problems other cities have because it will provide urban conditions for testing products, without any people.
"The real long-term payoff is going to be the tech transfer that will take place from CITE," said Jon Barela, New Mexico's Economic Development Cabinet Secretary, to Fast Company. "We hope those companies that test and evaluate products will be eventually manufacturing those products in New Mexico."
Barela said he expects CITE will help improve New Mexico’s image as a place for innovation.
- Housing recovery slowest since World War II,...
- Another year, another small Social Security bump
- Fire exposes illegal Chinese factories in Italy
- Developer to build replica major league...
- Millennials may do career and home life...
- Federal Reserve Chair Janet Yellen says US...
- NC-based FairPoint poised for growth after...
- Dave Ramsey says: Rehabbing your house for...
- Housing recovery slowest since World... 11
- US jobless aid applications fall to... 5
- Audit cites 'inadequate oversight' in... 5
- How students are engaging textbook... 4
- Millennials may do career and home life... 3
- Another year, another small Social... 2
- HBO unleashes streaming from cable... 1
- Federal Reserve Chair Janet Yellen says... 1