Mostakbal Urban Developments enters into an agreement with Coldwell Banker New Homes to promote investment opportunities for the mixed-use Boulevard (commercial/administrative/residential) in the first phase leading to Mostakbal City, Invest-Gate reports.
Chairman and Managing Director Essam Nassif confirms that the first delivery phase of the housing units begins at the start of 2021, in line with the company’s time plan and commitment to deliver its service and infrastructure projects according to schedule.
According to Nassif, the Boulevard project includes services such as recreational activities, various commercial areas, an administrative area, as well as mixed-use activities on a total area of approximately 60 acres. The area also has golf carts, bike lanes, and rental bikes.
It is worth noting that the Mostakbal City project, strategically located in New Cairo, has a total area of approximately 11,000 acres and includes residential, educational, medical, commercial, recreational, administrative, infrastructure, and financial features.
Nasif states the investment advantages of the Boulevard project as it combines commercial, administrative, and residential uses which attract investors and developers.