Masdar Swiss Village to break ground Q1 2010
Clean tech collaboration lands in Abu Dhabi at start of next year
Swiss Village will break ground at Masdar City early next year, Construction Week has learned.
The project, set to be 200,000m2 of built up area, will serve as a home for the Swiss embassy, as well as the firm’s educational offerings and residential and commercial buildings.
“For Switzerland and Abu Dhabi, it's about creating links for tech transfer and wider co-operation, mutual brand association,” said co-founder and CEO of the Foundation of Global Sustainability Nick Beglinger, who is also a partner of Maxmakers, a real estate and infrastructure advisory firm based in Zurich, Switzerland.
The news follows Tuesday’s events when Swiss Village Association (SVA), an expert in clean technology, signed a Memorandum of Understanding with Masdar to develop the project.
“Masdar and Swiss Village go to the limit of what is today technologically feasible. Their aim is to set a reference case of what is achievable today - and that's 100% renewable energies, nearly zero waste, and a zero carbon balance,” Belginger added.
The development will be built in accordance to the Minergie sustainable building standard, which was launched by SVA, and is part of phase one of the world’s first carbon-neutral community, Masdar City.
The project is expected to be completed in line with phase one, which is set to be finished between 2011 and 2012, according to Beglinger.
Maxmakers has acted as Masdar's strategic and financial advisor since 2006.