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Masdar City Master Plan Review Provides Progress Update
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Masdar City Master Plan Review Provides Progress Update

Abu Dhabi, United Arab Emirates

Masdar City, the emerging global clean technology cluster being built on the outskirts of the UAE capital Abu Dhabi, today set out the conclusions of a comprehensive review of the sustainable development’s master plan.

Masdar Institute - Residential Units and Knowledge Centre (Photo: Business Wire)

Masdar Institute - Residential Units and Knowledge Centre (Photo: Business Wire)

Initiated earlier this year, the review process was intended to update the master plan and take into account market and technology developments since the original strategy for Masdar City was developed in 2006. In particular, the review sought to capture the knowledge gained through three years of construction and completion of Masdar City’s first building as well as take into account changing market conditions and the evolution of technology.

The master plan review highlighted the achievements at Masdar City to date, including the completion of the first six buildings of the Masdar Institute (students and faculty having moved into the new facility in September 2010), residential units that use 54% less water and 51% less electricity than the UAE average, 30% of electricity demand provided by rooftop photovoltaic panels and 75% of the buildings’ hot water provided by rooftop thermal collectors. The review also confirmed the need for a phased approach to the development to allow for new technological innovations to be incorporated as building progresses.

“From the beginning, Masdar has been engaged in a journey of discovery to create a blueprint for the future of sustainable cities. Our steady progress is being built on our ability to discover the best technologies and approaches to sustainable urban living and bring them most effectively to Masdar City,” said Dr. Sultan Al Jaber, CEO of Masdar.

“As the construction phase progresses, we will be continually learning, adjusting and moving forward towards our vision for Masdar City. As technology and the market evolves so will our plan. The key is to be flexible and adaptable rather than rigid and dogmatic. By doing so we can constantly apply the knowledge captured during our development to the delivery of our Master Plan. We will continually review and update our thinking so Masdar is always at the cutting-edge of global clean technology,” said Dr. Al Jaber.

Masdar’s review of the City’s Master Plan detailed key updates to the project’s build-out timeline, sourcing of renewable power and transportation and building infrastructure. Key revisions include:

Alan Frost, Director of Masdar City, said, “By its very nature, research is discovery. As Masdar City moves forward over time, many new discoveries will shape the future direction of our journey. The effective capture and implementation of this knowledge, built on our experiences, will prove to be key to our long-term success.”

“Sticking firmly to the scale of our original vision, Masdar is proactive in reviewing and revising our forward plans to embrace new thinking and changing realities across technology advancement, commercial feasibility and the global market,” said Mr. Frost.

“Technology is constantly advancing; we are in the new technology business. At every step of our journey we are tapping into these new solutions and incorporating them into our future plans. Masdar is showing we combine forward thinking with flexibility as we make real progress towards delivering on our vision.”

This is the first of several regular project updates which will continue during the delivery of Masdar City.

*Source: ME NewsWire

Notes to Editor:

Masdar City Fast Facts

      Masdar City     Phase 1
Total Site Area     700 ha, 37 M sqm GFA     59.2 ha, 997,000 sqm GFA
Residential     52%     39%
Commercial     38%     38%
Retail     2%     2%
Community     8%     21%
Project Resident Population     40,000     8,600
Projected Commuters     50,000     11,800
Residential Density     140 people / hectare     145 people / hectare
Peak Daily Density     245 people / hectare     344 people / hectare

About Masdar

Masdar is Abu Dhabi’s multi-faceted initiative advancing the development, commercialisation and deployment of renewable and alternative energy technologies and solutions. The company serves as a link between today’s fossil fuel economy and the energy economy of the future - developing the “greenprint” for how we will live and work tomorrow. Backed by the stability and reputation of the Mubadala Development Company, an investment vehicle of the government of Abu Dhabi, Masdar is dedicated to the emirate’s long-term vision for the future of energy.

For more information about the Masdar Initiative, please visit: www.masdar.ae

About Masdar City:

Masdar City is an emerging clean-technology cluster located in what aims to be one of the world’s most sustainable cities. This special economic zone in Abu Dhabi seeks to become a global centre for innovation, research, product development and light manufacturing in the fields of renewable energy and sustainable technologies. Leading multinational companies in the cleantech sector, as well as small- and medium-sized enterprises and entrepreneurial start-ups will locate R&D labs, marketing offices and headquarters in the city. The International Renewable Energy Agency (IRENA) will base its headquarters in the city, while GE will build its first Ecomagination Centre at Masdar City.

For more information about Masdar City, please visit: www.masdarcity.ae

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6461871&lang=en

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MULTIMEDIA AVAILABLE : http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6461871

Source:Business Wire (Business Wire India)

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