Egypt’s developer City Edge Developments released latest construction details for their new project at New Al-Alamein, North Edge Towers, during a press conference held on July 12, Invest-Gate reports.
With the first phase of the project to be delivered in two years, the towers will be the first of their kind in the North Coast as they will feature a wide variety of facilities and amenities designed according to international standards.
The 40-story towers will offer three heated infinity pools, air conditioning and ventilation systems, first-rate surveillance and security systems, a smart card private parking area, as well as a waste management system.
The project will also encompass a beach club and a wide range of entertainment and services vendors.
“North Edge Towers represent the first residential project in the city of New Al-Alamein; its contemporary design combines modern architecture and the application of durable materials that resist damage from natural causes,” Yasser El Beltagy, President of Yasser Al Beltagy Architects, said during the press conference held in the city.
Mohamed El Alfy, Chairman of City Edge Developments, said the project is “expected to cause a change in our perception of the North Coast, from being a seasonal spot to a year-round, vibrant destination. Being one of Egypt’s fourth generation cities; New Al-Alamein represents an integrated urban community that is efficient and self-sustainable.”
“Spread over more than 48,000 acres, the first phase takes up a total of 8,000 acres and comprises two main components; the coastline area, which includes the International Tourism Center, and the archaeological district,” El Alfy added.
Amr El Kady, CEO of City Edgy Developments, revealed that the company is “so far done with 40% of the commercial area, and around 85% of the towers’ foundation,” adding that the whole project will be delivered by 2030.
New Al-Alamein is expected to be the home of prime developmental projects, aiming to attract the investments of high-profile multinational corporations.