Gosour Developments has announced the commencement of construction works for its latest project, Triple Hub, described as the first and largest true mega mall in Shorouk City. The project represents total investments of EGP 3.5bn and spans an area of 20,000 sqm, as part of the company’s strategy to expand its portfolio of integrated commercial and service developments in East Cairo, Invest-Gate reports.
Strategic Location Serving Over 500,000 Residents
Eng. Mohamed Al-Shaer, Chairman of Gosour Developments, said that Triple Hub is strategically located on Gamal Abdel Nasser Axis, the main artery linking the Suez Road and Ismailia Road, and separating Al Shorouk City from New Heliopolis. He noted that the project enjoys a unique competitive advantage by serving an existing population density exceeding 500,000 residents, ensuring high occupancy rates and sustainable investment returns.
In-Depth Study Behind Site Selection
Al-Shaer explained that the project’s location was selected following an in-depth study of population movement and urban expansion in East Cairo, highlighting that Triple Hub is centrally positioned between three major cities, namely Shorouk, New Heliopolis, and Madinaty.
A Fully Integrated Multi-Activity Destination
He added that Triple Hub has been developed as a fully integrated, multi-activity destination, comprising commercial, administrative, medical, and entertainment components. Triple Hub features advanced infrastructure, including 10 customer elevators, four service elevators, separate service corridors for restaurants and cafés, escalators between the ground and first floors, as well as two basement parking levels equipped with electric vehicle charging stations. The mall will also be supported by smart security and operational systems, along with a central chilled water air-conditioning system.
The First and Largest Mega Mall in Shorouk City
According to Al-Shaer, Triple Hub marks an unprecedented qualitative shift for Shorouk City, being the city’s first and largest mega mall. The project boasts a total perimeter frontage of 850 meters, including the longest single project façade in the city at 400 meters overlooking Gamal Abdel Nasser Axis. Key highlights include the city’s first open green entertainment area spanning 10,000 sqm, the first dancing fountain, a 300-meter technology street, the first fully integrated medical complex, the first elevated plaza, and the largest hypermarket in Shorouk City, covering 3,800 sqm.
Eco-Friendly and Recreational Components
The project also includes the city’s first eco-friendly gym, along with indoor and outdoor entertainment areas totaling 1,500 sqm, reflecting the company’s commitment to combining investment value with community service and enhanced quality of life.
Flexible Unit Sizes and Payment Plans
Unit sizes within Triple Hub range from 15 to 400 sqm, with flexible payment plans starting from a 5% down payment and installment periods of up to 84 months, catering to investors and entrepreneurs across various segments.
Specialized Operational Partnerships
Gosour Developments’ Chairman added that the company has partnered with a group of specialized operators to ensure optimal performance, including MRB for commercial operations, a dedicated medical operator, RECO as the entertainment operator, and WE as the technology partner.
Long-Term Vision and Upcoming Projects
He concluded that Triple Hub aligns with Gosour Developments’ long-term vision, built on solid engineering expertise since 2005 and a portfolio exceeding 200 completed projects across New Cairo, Al Shorouk, and Obour. The company is also preparing to launch five new projects in New Cairo, Shorouk, and the New Capital, with total investments exceeding EGP 14bn.