FUNABASHI MORINO CITY Wins World Smart Cities Award

FUNABASHI MORINO CITY Wins World Smart Cities Award 
Tokyo, Dec 13, 2013 - (JCN Newswire) -  FUNABASHI MORINO CITY, an eco-friendly
town development project undertaken by Mitsubishi Corporation (MC) and Nomura
Real Estate Development Co., Ltd. (Nomura Real Estate) in Funabashi City, Chiba
Prefecture, is the winner of a World Smart Cities Award. The Award, which falls
in the Project category, was issued as part of the Smart City Expo World
Congress 2013 held in Barcelona, Spain, and recognizes the project's
"Smart & Share Town" concept as an initiative that continuously
creates environmental value. 
- What kind of town development does FUNABASHI MORINO CITY pursue? 
FUNABASHI MORINO CITY is an eco-friendly town development project undertaken
by MC and Nomura Real Estate at an old factory site of Asahi Glass Co., Ltd. in
Kita-Honcho 1-chome, Funabashi City, Chiba Prefecture. In order to both share
and make sensible use of space and energy, the project capitalizes on advanced
environmental technology and ICT to lay the foundation for a low-carbon city,
while at the same incorporating the traditional wisdom and ingenuity associated
with housing, including the flow of wind and the relationships with greenery
and with the sun. 
The project also aims at creating "future hometown" which is open to
local community while continuing revitalization of the town and supporting
daily lives, which reduces environmental impacts by connecting people, nature
and technology, and which evolves and becomes more "friendly" through
connection and mutual help between people. To that end, the project helps
residents nurture and share civic pride, making them feel attached to or proud
of their town, provides support for community creation and development, and
promotes activities closely related to the local community and the town. 
In this connection, the World Smart Cities Award's Project category
recognizes the fact that this is not just a project in the experimental stage
but a large-scale private-sector re-development initiative fully incorporating
advanced environmental technology that covers housing, commercial facilities,
and a hospital, as well as the fact that it has developed low-carbon
infrastructure, and includes mechanisms for area management. 
Recognition -
- The project is based on an innovative urban redevelopment plan that combines
a wide variety of smart city solutions, such as energy efficiency improvement,
sustainable environmental considerations, and the use of ICT.
- These initiatives are playing effective and crucial roles in community
activities. 
- World Smart Cities Awards 
The Smart City Expo World Congress 2013 was held in Barcelona, Spain from
November 19 to 21, 2013. Some 9,000 visitors from nearly 400 cities from 29
countries had discussions and exchanged opinions about the development of a
sustainable society.
The international congress established the World Smart Cities Awards to
recognize cities, projects and innovative solutions that contribute to its
concept. Award winners are selected by a jury comprising of representatives
from the World Bank and other external experts. 
The 2013 awards received over 200 entries in total from 35 countries for the
three categories of city, project, and innovation. From among finalists in the
project category, including entries from Germany, Denmark, Spain, and China,
FUNABASHI MORINO CITY from Japan was selected as the winner. Winners in the
City and Innovation categories were Rio de Janeiro, Brazil and an information
sharing system from Spain, respectively. 
- FUNABASHI MORINO CITY Project Outline 
Address:  811-2 Kita-Honcho 1-chome, Funabashi City, Chiba Prefecture
Access:  14-minute walk from Funabashi Station on the JR Sobu Line
Total site area: About 11.2 ha at Shin-Funabashi Station East Zone
(plus about 6.4 ha at AEON Mall Funabashi)
Project outline: 1,497 condominium units (blocks I to V), 42 detached houses,
a large shopping center, a supermarket,a hospital, child-raising support
facilities
Project owners: Mitsubishi Corporation (formulates the town development
concept, forms the consortium for implementing the concept, and manages the
entire project from site acquisition to zoning and development) & Nomura
Real Estate Development Co., Ltd. (manages the residential development project
for implementing the concept) 
About Mitsubishi Corporation 
Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business
enterprise that develops and operates businesses across virtually every
industry including industrial finance, energy, metals, machinery, chemicals,
foods, and environmental business. MC's current activities are expanding
far beyond its traditional trading operations as its diverse business ranges
from natural resources development to investment in retail business,
infrastructure, financial products and manufacturing of industrial goods. With
over 200 bases of operations in approximately 80 countries worldwide and a
network of over 500 group companies, MC employs a multinational workforce of
nearly 60,000 people. For more information, please visit www.mitsubishicorp.com. 
Contact: 
Mitsubishi Corporation
Tel: +81-3-3210-2171
Fax: +81-3-5252-7705 
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