LAS CRUCES, N.M. -- The Las Cruces area remains in the running to potentially be the future home of a billion dollar research facility Pegasus Global Holdings is looking to build.
The company is looking to build a 15 square mile uninhabited city comparable to the size of a mid-size American city with a population of about 35,000.
"We are looking for 15 square miles of land," said Toni Balzano, a Pegasus Global Holdings spokesperson.
Balzano said they would prefer flat land in somewhat of a remote location.
The company had previously looked at a site about 30 minutes west of Las Cruces before announcing Lea County and the Hobbs area was the chosen location.
Pegasus officials said they are back to the drawing board and evaluating multiple locations after issues acquiring land in Lea County.
The Las Cruces area was a close second at the time, but officials wouldn't confirm if Dona Ana County was the leading candidate the second time around.
"We are evaluating all sites equally and it's going to come down to an internal business decision," Balzano said.
The company is planning to research multiple areas of new technology in the fields of energy, water and agriculture.
Balzano said they need a site far away enough from the city where cell phones and internet won't interfere with their research.
She said the company has an internal deadline as to when they expect to decide on a site, but could not release that date publicly.