Marseilia Group plans to invest EGP 5 bn in its newest project, dubbed “Cascadia,” located in the heart of Sidi Abdel Rahman on the North Coast, Invest-Gate report.
Slated for delivery by 2022, the 40-acre project will boast 1,477 units, varying in sizes between 70 and 150 square meters to cater to all clients’ different needs and purchasing power.
The group’s strategy aims to reach uniqueness and excellence, and the evidence is that it has initiated a distinguished set of projects that have contributed to changing the North Coast’s development map, Marseilia Group Chairman Sherif Heliw said in a recent press release.
He also highlighted that Cascadia will include the first hospital affiliated to Elaj healthcare services provider, which has branches in eleven countries around the world, to serve New Alamein.
Around 80% of the project’s area will feature green spaces, through which the company will provide a secure and comfortable experience for various activities and entertainment services, according to the statement.
On the sidelines of the ceremony held in September 2019, Heliw announced the launch of the new project, which will feature a central location near prominent attractions, while being only ten minutes and two hours away from New Alamein and Cairo, respectively. It is characterized by standing similar to a floating island, where all residential units are nestled on islands with spectacular crystal lagoons.
Marseilia Group has 20 years of experience in “changing the concepts of housing and entertainment from mere places to an attractive and interesting lifestyle for 20,000 families through more than 20 projects across the North Coast, Marsa Matrouh, Alexandria, and Ain Sokhna.
