Post by account_disabled on Dec 21, 2017 7:48:31 GMT
A Washington, D.C.- based company hopes to build an uninhabited city known as “Sandbox” on 20 square miles somewhere in New Mexico to serve as a proving ground for technical innovations.
Pegasus Globing Holdings LLC announced Tuesday it anticipates “350 direct jobs and 3,500 indirect jobs to be created in (the project’s) design, development, construction and ongoing operation.”
The Associated Press reported the project would cost $200 million.
Pegasus CEO Robert H. Brumley said in a telephone interview with the Journal that Sandbox would receive no state funding and the project would be contingent on finding private investors.
Brumley envisions companies like General Motors testing driverless cars on Sandbox streets, and green energy companies exploring how consumers respond to smart grids and residential thermostats that communicate with energy suppliers.
Brumley said Pegasus has been working on Sandbox for 18 months. He said the city will be built either in the Albuquerque or the Las Cruces area because of the availability of land and infrastructure, proximity of universities, national laboratories and military bases, availability of labor and access to the energy grid.
He said financing is expected to be obtained by midyear 2012, and the test city built in 2014.
Brumley said the project would die if a feasibility study Pegasus is conducting with help from state government and universities isn’t positive or if investors can’t be found.
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Pegasus Globing Holdings LLC announced Tuesday it anticipates “350 direct jobs and 3,500 indirect jobs to be created in (the project’s) design, development, construction and ongoing operation.”
The Associated Press reported the project would cost $200 million.
Pegasus CEO Robert H. Brumley said in a telephone interview with the Journal that Sandbox would receive no state funding and the project would be contingent on finding private investors.
Brumley envisions companies like General Motors testing driverless cars on Sandbox streets, and green energy companies exploring how consumers respond to smart grids and residential thermostats that communicate with energy suppliers.
Brumley said Pegasus has been working on Sandbox for 18 months. He said the city will be built either in the Albuquerque or the Las Cruces area because of the availability of land and infrastructure, proximity of universities, national laboratories and military bases, availability of labor and access to the energy grid.
He said financing is expected to be obtained by midyear 2012, and the test city built in 2014.
Brumley said the project would die if a feasibility study Pegasus is conducting with help from state government and universities isn’t positive or if investors can’t be found.
For More Details: b2b promotional examples