Japanese electronic giant Panasonic is set to construct an environmentally friendly Smart City on the outskirts of Denver, Colorado. It aims to throw open its doors this summer.
It will be the first Japanese primary contractor to head a US project that will feature solar-powered office buildings and other structures that will come up near a new rail station close to Denver International Airport. About 1.6 million sq. meters of land is being developed, Nikkei said.
While local developers and others will construct buildings, Panasonic will supply solar power generators, LED signboards, and other products and systems.
In 2014 Panasonic established one of Japan’s largest Smart Cities in the Kanagawa Prefecture city of Fujisawa. The company targets group sales of $82.3 billion in fiscal 2018, eyeing enterprise-focused systems as a growth sector.
With Smart Cities seen as a main driver, Panasonic has been on the hunt for orders in North America.