By Jeri Clausing
ALBUQUERQUE, N.M. (AP) - The mayor of Hobbs, N.M., says his city has been chosen as the site for a $1 billion scientific ghost town where researchers will be able to test everything from renewable energy innovations to intelligent traffic systems and next-generation wireless networks.
Mayor Sam Cobb confirmed to The Associated Press that the southeastern New Mexico community near the Texas state line was selected prior to a news conference Tuesday with Gov. Susana Martinez and the investors developing the Center for Innovation, Technology and Testing, or CITE.
Pegasus Holdings and its New Mexico subsidiary, CITE Development, had announced last month that the list of potential sites had been narrowed to two. Hobbs beat out a location near Las Cruces.