International. Panasonic Corporation, together with the board of Tsunashima Sustainable Smart Town (Tsunashima SST) and Nomura Real Estate Development Co., Ltd., announced the plan for the development of a small sustainable and smart city that will be built within Yokohama, a city located southwest of Tokyo and that is planned to be ready by 2018.
With this initiative, Panasonic seeks to strengthen its presence in the development of sustainable and intelligent cities that allow the creation of ecologically conscious urban spaces, as it did with Fujisawa SST, the company's first project.
The council of Tsunashima SST, made up of ten organizations dedicated to promoting smart towns, created the plan to develop a city that contemplates the protection of the environment, security measures for the care of spaces and their inhabitants in addition to regulating the operation and the urban panorama. The objective is to ensure that the different industries that participate collaborate in harmony to achieve these goals. The Yokohama authorities will also support the project to boost the Japanese government's efforts in creating The City of the Future.
The sustainable and intelligent city will be located on a site that was occupied by a Panasonic factory whose surface is approximately 37,900m2 and will have facilities for residential, industrial and business use.
Under the concept "Together Innovating Towards the Future", private companies and the local government will seek to promote innovation through synergy between the technology, services and knowledge of each industry, as well as achieve specific goals such as the reduction of 40% of CO2 emissions, use of 30% of new energies such as cogeneration of natural gas or use of solar cells and the reduction of water consumption by 30%.
Panasonic will bring its expertise in technological development to take advantage of the space and location, and will rely on real estate companies to fully exploit the land and increase financial and business values to contribute to the community.
