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Songdo IBD Embeds Sustainability In New Top Tier City Project

Date: 03 May 2011

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6 pages, 1 figure

EXECUTIVE SUMMARY

This report helps senior executives in organizations within the real estate development value chain to understand strategies and business models that aim to curb the environmental impact of urban communities. Since 2001 Gale International and partner POSCO Engineering & Construction have led the development of Songdo Internal Business District (IBD) in South Korea, which aims to become an international economic hub and one of the greenest cities in the world. Songdo IBD stands out in terms of sustainable urban development because of its integrated resources management systems, its advanced information and communications technologies, and its top tier, high performance design. City authorities and developers involved in new urban developments can learn from Songdo IBD’s development strategy when creating new projects by incorporating sustainability at each stage of the planning process, and taking a balanced approach to sustainability.

TABLE OF CONTENTS

SONGDO IBD EMBEDS SUSTAINABILITY IN NEW TOP TIER CITY PROJECT
City Of Incheon Commissions A New Development To Attract International Firms
Gale International Embeds Sustainability In The Development Plan
Songdo IBD Project Demonstrates A Pragmatic Approach To Sustainability

TABLE OF FIGURES

Figure 1. Songdo IBD’s Development Process Started in 2000 And Will End In 2016

COMPANIES MENTIONED

3M, Arup, Carrier, Cisco, Cosentini Associates, Gale International, GE, Heerim, HOK, IBM, Kohn Pedersen Fox, Kunwon, LG, MariMatic, MECHON, Microsoft, Morgan Stanley, OHSystem, Otis, Parsons Brinckerhoff, POSCO Engineering & Construction, ST Environmental Services & Technologies, The Whitman Strategy Group, United Technologies Corporation, YRG Sustainability Consultants