Tabarak Developments signs strategic partnership contracts with three of the largest companies specialized in managing, developing, and guarding real estate projects, to develop its 90 Avenue compound in New Cairo, Invest- Gate reports.
On this occasion, Ali Al Shorbani, chairman of the board of directors of Tabarak Developments, confirms, “The contract with the three mentioned companies comes because of their vast experience and great capabilities, and is in line with the company’s strategy, aiming to create integrated residential community with all needed services and facilities.
He further elaborates, “Tabarak Developments is always keen to achieve excellence for all its clients, thus, it chooses distinct locations for all its projects in general as is the case with 90 Avenue project. 90 Avenue is located in the most distinguished and vibrant areas in the heart of the Fifth Settlement as it directly overlooks the American University in Cairo and is in close proximity to other different services.”
The list includes:
- Owners company, specialized in facilities management, housekeeping, and swimming pool maintenance
- Ertekaa Company for integrated services and recycling of violations, a subsidiary of Orascom Group
- African Security and Guarding company, which secures a number of vital and major strategic facilities such as the Egyptian Museum, and Cairo Stadium, and also responsible for securing the legendary royal mummies’ transport procession
It is worth mentioning that the “90 Avenue” project is one of the integrated residential compounds, covering an area of 50 acres, and with investments of EGP 7.5 bn. It includes more than 1,450 housing units, in addition to commercial and recreational areas of up to 60,000 sqm, and an administrative area of 25,000 sqm.
Moreover, 90 Avenue is characterized by the abundance of large green spaces, as it is built on only 18% of the total area. It features innovative housing solutions such as providing electrical supply to the entrances and elevators at the time of outage with a backup generator. The units are also characterized by thermal insulation in the buildings, which saves 30% of electricity consumption.
Additionally, the project has emergency exits, swimming pools for each area, restaurants, clubhouse, kids areas, round-the-clock security systems, surveillance camera systems, and fire systems to ensure the safety of all customers
Additionally, there is the main water tank with a capacity of 2,000 sqm for the residential complex, and water tanks for each tower, as well as, the latest technological systems such as access control devices and solar street lighting.