New Mexico Gov. Susana Martinez and top officials from the Mexican state of Chihuahua are meeting on the U.S.-Mexico border Friday to announce a 70,000-acre master-planned community that will include industrial sites in both countries, according to AP. According to Martinez's office, the project will be located in Santa Teresa, New Mexico, and San Jeronimo, Chihuahua. Anchors for the project include a new Union Pacific intermodal rail facility under construction in Santa Teresa and a manufacturing campus in San Jeronimo. Martinez's office says the community will be positioned to attract industrial and commercial businesses and incorporate state-of-the-art energy, water and sustainability technologies. Others participating in Friday's event include Chihuahua Gov. César Duarte and both states' top economic development officials.