Friday, July 13, 2012

Case Study: Ciudad Verde


Site Plan
Ciudad Verde will have a major social impact in Colombia (and its model could be adopted elsewhere if successful). Developers will build 36,000 social housing units in the town of Soacha ranging in cost from US$20,000 to US$35,000 each and aiming to accommodate the desplazados – displaced rural townsmen who hail from conflict zones.  Newcomers will have access to a social reintegration program, while the development’s infrastructure includes hospitals, schools and hydroelectric power sources funded through public-private partnerships. (Source: KPMG International, Infrastructure 100: World Cities Edition, 2012)

The Ciudad Verde development involves a housing model called macroproyectos that aims to create small cities outside large urban developments – in this case the country’s capital Bogotá.  The satellite city is expected to create 21,000 jobs.  One third of the 800 acres will be dedicated to social housing, the rest to public space (green parks, roads, health centers, schools, etc.).  In Bogotá, high densities leave three meters of public space per person.  In contrast, Ciudad Verde will provide nine square meters of public space for each resident.  While many secluded low income housing "projects" tend to fail due to lack of access to the outside world, Ciudad Verde takes the important step of integrating Bogotá's TransMilenio bus rapid transit system to connect residents to the center of the capital city.  With such initial success and media attention, the project developers have already been approached by representatives from Valencia, Spain and from The National Fund of Mexico about the possible replication of the Ciudad Verde model and design frameworks.  (Source: Nace una Ciudad en Soacha, 2011)

 
The lead developer is Amarilo SA and their development partners include Bolívar, Colsubsidio, Soluciones Inmobiliarias, Ospinas-Emezeta, Marval, Prodesa, Urbansa and Mendebal-Coninsa Ramón H.  In total, the Ciudad Verde project will require US$145 million in investment with the developers expecting US$1.2 billion in revenue. (Source: Gran proyecto de vivienda social en Colombia, 2010)
Rendering Plan
Ciudad Verde Today
Ciudad Verde Today
Ciudad Verde Today


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