Value: US $10 billion
Client: International Capital Trading Company
Schedule: The project is currently in the design stage. Construction set to start in 2010 and is due to be completed in 2020. The city will be split into 12 phases, with the first covering 6.2km², and will include residential properties and hotels along the coast.
Ghantoot Green City is a mixed development located in Ghantoot at Abu Dhabi. The project is understood to cover 60 square kilometres. The project involves the construction of a city with a commercial centre, hotels, office blocks, residential developments, warehousing and light industrial areas.
Although population projections have not yet been revealed, the figure could be as high as 1 million if its population density is similar to other major cities being developed in the UAE.
The project is strategically located between new developments in Dubai, such as the Waterfront and Al-Maktoum Inter-national airport, and the new Khalifa Port & Industrial Zone that is under construction in the Taweelah area of Abu Dhabi emirate. It is also a commutable distance from Abu Dhabi International airport.
The project will support these developments by providing housing and leisure facilities for people working at the port, industrial areas and the airports. It will also provide employment opportunities in the development itself.
The development will be split into 12 phases, with the first covering 6.2 sq km. The total built-up area for phase one will be about 18.5 million square metres, and it is understood to include residential properties and hotels along the coast.
Although ICT will develop properties itself, about 10-15 plots are expected to be sold on to third-party developers.
Consultants are bidding for the infrastructure design package. The masterplan has been prepared by US-based RNL.
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