Gates Developments launches its new mixed-use project, located on the Dahshour link in Sheikh Zayed City, Invest-Gate reports.
The project spans over 17 acres, with EGP 2 bn investments.
Hassan Nasr, CEO of Gates Developments, says that the company held a signing ceremony with an advisory alliance, including a real estate consultancy company, and the engineering consultant Raef Fahmy’s Office in order to launch an integrated urban project in the 6th of October City.
This, in turn, reflects the company’s vision of assigning the best consultants in different fields to develop the project and provide the best architectural and engineering designs with the latest international style.
Nasr also expresses his pleasure with this cooperation, which aims to offer a unique model for major projects in West Cairo. The project features residential and commercial units, villas, and entertaining and sports venues, in addition to using artificial intelligence and all environmental factors in achieving sustainability and providing comfort to clients.
For his part, Raef Fahmy, founder of Raef Fahmy Consulting, says that cooperation with Gates Developments is a new addition to the office, especially since the office has innovative ideas in order to satisfy clients
“The project is located in a very distinct area, which assures that it will be the best in the region,” Fahmy states.
It is noteworthy that Gates Developments follows well-studied plans for all its current projects, which was shown in its previous five projects, including three projects in the NAC, a project in the 6th of October City, and the 5th project in Sheikh Zayed.
The first project is AUDAZ, located in the financial and business district of the NAC, with EGP 2.5 bn investments. The project is scheduled to be delivered in Q4 2022. The second project is CATALAN, located in the R7 area in the NAC. The project spans over 40 acres, with EGP 2 bn investments and it is scheduled to be delivered in Q4 2023.
The third project is VENIA, located in the R7 area in the NAC and spans over 40 acres. Moreover, Venia is scheduled to be delivered in Q4 2024 with EGP 2.4 bn investments. The company’s fourth project is WESTGATE, located in the heart of the 6th of October. The project spans over four acres, with EGP 1 bn investments. The fifth project is PLAZA ESPANA, located in Sheikh Zayed over four acres, with EGP 1 bn investments.