REDCON Properties, a prominent developer specializing in diverse mixed-use communities, has announced the attainment of the prestigious EDGE Advanced Preliminary Certificate for its Golden Gate project, Invest-Gate reports.
This prestigious accolade, awarded for the project’s unwavering dedication to sustainability and environmentally conscious construction practices, is a testament to REDCON Properties’ pivotal role in fostering sustainable development. It underscores the company’s commitment to creating a greener future through its projects.
Also, five buildings within the Golden Gate Project have received this certification, with efforts underway to extend this recognition to the remaining structures.
Moreover, this achievement marks a significant milestone in Egypt’s construction landscape, showcasing the project’s substantial energy and water savings of up to 53% and 44%, respectively, compared to conventional buildings.
Furthermore, the simultaneous certification of multiple buildings sets a new standard for sustainable construction practices in Egypt, reflecting REDCON Properties’ steadfast dedication to sustainability across all its endeavors.
For his part, Tarek El-Gamal, Chairman of REDCON Properties, emphasized the company’s longstanding commitment to sustainability, tracing back over 15 years. El-Gamal highlighted the EDGE Certificate as a testament to their ongoing efforts to reduce energy consumption and preserve natural resources in all projects.
Ahmed Abdallah, Vice Chairman of REDCON Properties, underscored the importance of green architecture in Egypt’s real estate market, noting its attractiveness to investors amidst a global shift towards sustainable practices.
“The attainment of the EDGE certification further solidifies REDCON Properties’ position as a leader in the sector,” Abdallah highlighted.
Situated in New Cairo, the Golden Gate Project spans 160,000 sqm, with an investment of up to EGP20 bn. Comprising 29 buildings, including commercial and administrative spaces, the project offers a unique shopping and entertainment experience with its Street Retail concept.
