Masdar City in Abu Dhabi outlines 5-year expansion
Sustainable development to include 2,000 apartments
Abu Dhabi’s sustainable development Masdar City has outlined a five-year expansion plan that will include the construction of 2,000 homes and a research hub.
Anthony Mallows, Executive Director of Masdar City, said all available space within existing and under-construction buildings is fully leased, according to Gulf News.
“Around 35 per cent of the planned built-up area will be completed over the next five years — up from 5 per cent today — and nearly 30 per cent has been committed to, including private homes, schools, hotels and more office space,” he is reported as saying.
The “significant” expansion will also include a research and development hub to support Masdar City’s mission to commercialise clean technologies, according to the newspaper. The zone already includes projects in areas such as solar energy, energy storage, green building and urban sustainability.
Further plans are set to be unveiled at Cityscape Abu Dhabi, the property show taking place from April 12-14.
