Sky Innovo Developments Introduces a New Vision for Integrated Urban Development in Egypt Through the Park St. Edition Project

A long-term expansion plan and significant investments across multiple projects, in line with Egypt’s Vision 2030 for sustainable urban development.

Sky Innovo Developments seeks to localize global expertise within the Egyptian market in a way that aligns with the country’s cultural identity and architectural evolution.

Sky Innovo Developments works to apply international architectural standards and designs in the execution of its projects.

Sky Innovo Developments is committed to developing integrated urban communities and delivering a unique living experience.

Sky Innovo Developments has launched the Park St. Edition project, marking Innovo Group’s first direct real estate development in Egypt, located at the main entrance of New Cairo. Sky Innovo Developments has presented this project as a comprehensive model in urban development, combining engineering planning, modern technology, and smart infrastructure to ensure sustainable implementation. This project is among the first to integrate residential units, commercial activities, services, and green spaces, enhancing quality of life and offering a complete living experience, Invest-Gate reports.

Investment Size and Strategic Location

The Park St. Edition project has an estimated investment of EGP 16.05 billion over an area of 24,329 square meters. The project boasts a strategic location providing easy access to main roads and surrounding services, reinforcing the unique experience of integrated living. The project is surrounded by vibrant commercial and entertainment facilities, including Park St. East, 5A, and U Venues, offering diverse shopping and entertainment options that give the project a unique character.

Innovo Group’s Vision and CEO Statement

Bishoy Azmy, CEO of Innovo Group and Board Member of Sky Innovo Developments, stated, “The group is working to deliver a comprehensive model developed according to an integrated vision combining sustainability, luxury, and all aspects of modern urban planning.”

Success of the First Phase and Future Plans

Notably, the first phase of the project witnessed unprecedented demand, with all units sold, confirming clients’ trust in the company’s vision and project quality. Construction works are proceeding according to the planned schedule, paving the way for launching new phases in 2026.

Long-Term Investment and Strategic Partnerships

Beshoy Azmy added, “We see Egypt as one of the largest growth opportunities in the region, which is why we invest with a long-term vision. Through our strategic partnership with Sky Investments Holding, we are bringing Innovo Group’s global expertise to the Egyptian market to develop integrated and smart communities that create real value for the economy and residents, in line with Egypt’s Vision 2030.”