New York-based real estate developer Gale International, estimates the 1,500-acre city is 40% underway. Completion is slated for 2014. The cost: $35 billion, making it perhaps the world’s largest private real estate venture in history… where – South Korea’s Songdo City of course, near Incheon, South Korea!
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Not only is this entire city high tech, but it’s eco green as well. The city’s infrastructure will be a petri dish for new technologies, and the city itself will showcase a digital lifestyle. “It will be one of the world’s first cities in which all information systems – residential, medical, business – are ALL linked,” transmiting data wirelessly from RFID tags and sensors everywhere. Smart homes on steroids supporting a “smart city” on steroids.
Residents will be able to chat with their children’s teachers, consult doctors and apply for city permits and licenses via flat screen monitors in their apartments. Buildings will be intelligent enough to guide cars to available parking spots and queue up elevators as people approach. Hotels will recognize regular guests and automatically adjust room system settings
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