Panama Pacifico gains USGBC and Clinton support as sustainable development
Panama Pacifico is a mixed-use business, residential and recreational center being created over the next 40 years. The scheme helps to make sustainable developments commercially viable and has this week been chosen as one of 16 projects in the USGBC and Clinton Climate Initiative’s Climate Positive Development Program which promotes large-scale urban projects that demonstrate cities can grow in ways that are “climate positive.”
The project covers 1,400 hectares with nearly half dedicated to parkland and open space. Wetlands, mangrove, forests, and native habitat are being preserved, in addition to many of the large trees in the area. New storm water systems will be integrated to allow the natural run-off of rainwater to nurture the land, and new trees will be planted every year as the development progresses.
1million sq m of commercial space, 20,000 homes, together with retail centers, hotels, shools and places of worship and a championship golf course will be constructed creating a well rounded community and destination town.