Egypt’s City Edge Developments announced on Tuesday, June 12, the launching of the first phase of its North Edge Towers, the first residential towers project in the 48,000-acre New Al-Alamein City, Invest-Gate reports.
North Edge Towers is an attempt to redefine the North Coast experience by offering all-year-round seaside homes, which feature a variety of fully-finished units with a total of nearly 300 units ranging from one- to four-bedroom apartments with areas of 90 square meters to 350 square meters.
The fourth generation self-sustainable landmark will offer a modern rhythm adequate for inspiring its residents to sustain a well-balanced life with its parks, schools, universities, hospitals, commercial, and retail areas.
Featuring up to 40 stories, the constellation area comprises of 15 international towers in which homeowners can overlook the horizon from their terraces as each unit offers unparalleled views of both the seashore and lagoons.
Implemented by Hassan Allam Sons for Construction, Orascom, Dorra Group, Redcon Construction, SIAC, and Arab Contractors, the units are set to be delivered within two years with a 10% deposit and a seven-year installments plan.
City Edge Developments is a joint venture (JV) between the New Urban Communities Authority (NUCA) and the Housing and Development Bank (HDB).