Just Development intends to launch a commercial project in the new administrative capital in the Downtown area, with investments of 500 million pounds, during next September.
Osama Gomaa, Chairman of the Board of Directors of “Just Development”, said that the “Legacy” project is located in the Downtown area, on an area of 3,000 meters, and includes a ground floor and 10 floors with commercial, medical and administrative activities. And the monorail, on the main axis and the bin Zayed axis near the Al-Massa Hotel. The project overlooks a main square and two distinct streets, one 50 meters wide and the other 40 meters wide, and a pedestrian street. Gomaa added, that the floor area in “Legacy” is estimated at about 900 meters. And the administrative unit from 24 square meters to 67 square meters, adding that the administrative and medical units are fully finished with air conditioning, and the project also took into account modern requirements, as clinics are finished with anti-bacterial paints. He pointed out that the design of the building took into account the optimal use of spaces, in addition to applying the highest quality standards in smart construction. The building also includes open spaces and distinctive facades for all units, as well as 4 elevators.
Gomaa added that the new administrative capital is on a date with the government moving soon, which will contribute to increasing the investment value of the various projects, adding that the start of the capital's operation and the government's work also increases the demand for commercial and administrative projects, as malls and administrative buildings will start working, which will contribute to increasing their price value. He stressed that the diversity of the projects offered within the Down Town area makes customers push developers to provide different products that achieve a return on investment and facilities that are compatible with purchasing capabilities, and each developer is looking for new attractions that give his project competitive advantages over the offer, especially in the same activity, which contributes to providing a real estate product. It fits the new face of Egypt and the gigantic New Administrative Capital project. Source: Aqar Gate