PARAGON Developments completes 50% of the sales of Paragon 2, the company’s latest project in the NAC, in Q1 2022 after the success of the sustainable project Paragon 1, Invest-Gate reports.
Paragon Developments Chairman Mohamed Bedeir states that Paragon 2 project targets LEED Gold as the extension the company’s first project Paragon 1, which targets LEED Silver to become the first sustainable office building in Egypt to provide the Internet of intelligent building components, in partnership with Schneider Electric.
Additionally, Paragon 1 is located over 10,000 meters and consists of seven floors and includes different workspaces. It also encourages productivity through using nature of ventilation and lighting, air quality monitoring; in addition, utilizing building materials and systems that require 60% less energy consumption.
Bedeir explains that Paragon 1 and Paragon 2 projects are designed to create an integrated administrative community by providing qualified and diverse areas that help companies to hold conferences, workshops, seminars, training courses or places suitable for working in a healthy environment, equipped with the best services and meet all requirements, in accordance with the highest international standards of intelligent infrastructure managed and operated in cooperation with major international companies.