Sodic and Solidere International are showcasing several joint projects, including the first developments to be launched in Eastown and Westown, two large scale mixed use city centres located in Cairo’s eastern and western suburbs.
Designed by some of the world’s leading master planners and architects, Eastown and Westown are destined to be the urban hubs of Cairo’s growing eastern and western suburbs respectively. Eastown and Westown will provide residential, commercial, retail and hospitality services and entertainment amenities for the fast growing populations of Cairo’s suburbs estimated to reach three to 4m each in the very near future.
“Sodic is optimistic about launching Eastown and Westown at a time when Egypt has weathered the economic storm relatively well. As the only Egyptian developer present at Cityscape this year, we are seeing increased interest in Egypt and our developments. Egypt offers good value and huge growth opportunities for investors in the real estate sector”
said Maher Maksoud, Sodic’s Managing Director.
“We are excited to enter the Egyptian market, given its huge potential and strong fundamental demand for real estate that comes from within the country. There is currently is a need for high-end, well-maintained developments in Cairo and that is where our 15 years experience in city-making, urban design and project management comes in,” said Adib Al Nakib, Director of Business Development and Commercial Affairs at SOLIDLERE International.
Sodic and Solidere International are currently launching the first developments in these two city centres, which include residential developments such as Forty West, The Courtyard in Westown as well as the Espanade in Eastown. The company is also launching The Polygon, the first business park in Westown’s business district.
“Our current projects are fully funded and we are excited about the launch of many more developments within Eastown and Westown over the coming months,” said Youssef Hammad, Chief Commercial Officer at Sodic.
Sodic and Solidere will be unveiling several other exciting developments over the coming months, and these include:
Forty West, the first neighbourhood to be launched in Westown, is an exclusive development designed by renowned architects Machado & Silvetti that combines Mediterranean spirit, international design, modern Egyptian style and state-of-the-art finishing. Built around a large central piazza, Forty West includes 180 high-end apartments, several gourmet restaurants and lounges, numerous shops, a flagship art gallery, a 50-room Angsana boutique hotel managed by Banyan Tree and a 7,000 square meter Class A office building. Forty West interiors are designed by up-and-coming Egyptian designers Eklego. Construction of Forty West will commence in December 2009 and delivery is scheduled to start in 2013.
Designed by award-winning London-based architects Wilkinson Eyre, The Polygon is the first business park to be launched in Westown’s business district. The Polygon consists of a series of Class A office buildings with state-of-the-art facilities, a business hotel, a conference centre and a high-spec serviced apartment complex with a total built up area of 88,000 square meters. With a range of office spaces to suit all types of businesses, The Polygon is the first business park to be integrated into a mixed-use environment, giving residents ample choices for entertainment facilities and quick getaways. Construction of The Polygon will commence in December 2009 and delivery is scheduled to start in 2013.
One of the most exclusive addresses in Westown, The Courtyard is an iconic piece of contemporary architecture, including 28 luxurious apartment, lofts, penthouses and interlocking duplexes, set over a total built up area of 9,000 square meters. Designed by Shahira H. Fahmy Architects, The Courtyard is inspired by the 19th-century courtyard apartment buildings of the Egyptian Belle Epoque, which included a shaded central garden accessible only to residents. This central courtyard gives each home a unique view of its lush landscaping, hanging gardens and water features. Delivery of The Courtyard is scheduled to start in 2013.
The Esplanade is a high-end residential neighbourhood set amongst the greenery of Eastown’s residential quarter, along the Green Spine consisting of tranquil parks, water features and pathways for joggers, walkers and cyclists. Including over 200 luxury apartments, The Esplanade was designed exclusively by Nabil Gholam Architects, one of the biggest award-winning names in the region. The apartments’ striking design features are inspired by Egyptian tradition, with a special emphasis on fresh air and natural lights. With a total built up area of 45,000 square meters, The Esplanade is a short distance away from Cairo International Airport, The American University of Cairo and Eastown’s shopping landmarks Galleria Mall and Wist Al-Balad. Construction of The Courtyard will commence in March 2010 and delivery is scheduled to start in 2013.
Sodic and Solidere will also be developing two large retail malls in Eastown and Westown. Set to become two of the most prestigious malls in these new cities, the spacious malls will feature indoor and outdoor spaces, allowing for a different lifestyle for clients as well as providing environmentally friendly solutions that reduce reliance on air-condition while benefiting from Egypt’s year-round moderate climate.
The Infrastructure work for Eastown and Westown has been kicked off. These large scale projects represent over 3.5m square metres of built up area, and the intricate infrastructure plans are being implemented.
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