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Masdar City, a pioneering sustainable development in Abu Dhabi, has started construction of its residential complex. The developer said it has applied its design expertise to ensure the residential complex of 500 one- and two-bedroom apartments is constructed with verified sustainable materials and meets Leed Gold and 3 Pearl Estidama sustainability criteria.
Dr Ahmad Belhoul, CEO of Masdar, said in a statement, ''The start of construction of this residential complex is an important step towards completing the vision of Masdar City as a complete ecosystem focused on sustainability and innovation.
''Masdar City has adopted a holistic approach to sustainable development, built on knowledge and talent, home to leading research and development facilities, a free zone with world-class businesses, and soon a residential complex.''
The development will have access to a gym, retail facilities and other amenities, as well as pedestrian friendly walkways connected to the heart of Masdar City. Around 500 students already live at Masdar Institute, where they are pursuing graduate studies.
Masdar also recently broke ground on the mixed use Chic Residence, which will have residential, retail and recreational facilities. ''The Masdar City vision is attracting a host of new businesses and residents,'' said Anthony Mallows, Director at Masdar City.
''Centrally located at the crossroads of the Middle East and Asian markets, this is the region's only investment and free zone focused on innovation and sustainability.
''Masdar City offers a high-quality lifestyle with walkable, accessible neighbourhoods that blend residential, commercial, open and cultural space, and it is growing steadily.''
Abu Dhabi's average annual population growth of 7.7 per cent has created a significant demand for housing in the emirate, and the construction of the apartment complex is expected to help meet the capital's rising residential requirements.
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Source: Property Weekly