Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    63,952.12
    -613.27 (-0.95%)
     

  • CMC Crypto 200

    1,329.96
    -66.57 (-4.77%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • Dow

    38,239.66
    +153.86 (+0.40%)
     

  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     

  • Gold

    2,351.50
    +9.00 (+0.38%)
     

  • Crude Oil

    83.68
    +0.11 (+0.13%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

A $1 billion city is being built in New Mexico — but no one will be allowed to live there

Rob Ludacer
Updated

Perhaps the next step-up from Apple’s driverless car testing grounds could be this 15 mile stretch of New Mexico desert. The area is the future location for CITE, or The Center for Innovation Testing and Evaluation. The $1 Billion project is set to begin in 2016, to be developed by Pegasus Global Holdings.

Produced by Rob Ludacer. Original Reporting by Madison Malone Kircher

Follow TI: On Facebook

The post A $1 billion city is being built in New Mexico — but no one will be allowed to live there appeared first on Business Insider.