As there’s little room for construction in the principality land reclamation projects have been used to expand buildable land outwards into the sea. These developments now represent quarter of the Monaco’s territory, according to the outlet.
Such projects are now tightly regulated, and according to the developers, various steps were taken to “minimise the impact on the natural ecosystem as much as possible.”
This included consultation with marine experts to protect sealife and saw new habitats specially created, including artificial seagrass beds, their website says.
80 percent of heating and cooling in the district will be powered by renewable energy, the team claims. This will include power generated by over 1.2 acres of solar panels.
Mareterra’s green spaces have also been decked out with 1,000 trees from Tuscany. Though the project was privately funded, Monaco’s government will receive 20 percent tax on the properties sold.
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Publish date : 2024-12-07 19:01:00
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