Value: US $22 billion
Client: Mubadala Development Company
Schedule: Q1 2008 to Q4 2022.
Masdar City was designed by Foster + Partners. Phase one of the project is under construction and includes Masdar Institute of Science and Technology (Mist). Masdar City will be developed in seven phases and is expected to be completed in 2022.
Masdar City is a new 6 million m² sustainable development that uses the traditional planning principals of a walled city, together with existing technologies, to achieve a carbon neutral and zero waste community.
The city is located in the south-east of Abu Dhabi, beside Abu Dhabi International Airport. The city will be home to 50,000 people and 1500 businesses, primarily commercial and manufacturing facilities specialising in environmentally-friendly products.
The city will rely entirely on solar energy and other renewable energy sources, with a sustainable, zero-carbon, zero-waste ecology.