White Eagle Developments is to launch a residential project, Blue Bird, within a few days in R8 in the NAC, with investments of EGP 2.5 bn, Invest-Gate reports.
Ahmed Gebili, chairman of White Eagle Developments, says that the company decides to launch its first project in the NAC to be an icon in design, implementation, and customer requirements, after a study of the target segments and requirements.
The project will be launched in partnership with EgyptAir, the owner of the land, and White Eagle Developments will build the project.
Gebili adds that Blue Bird spans over an area of 25 acres, near the Green River and the Diplomatic District and 15 minutes from the NAC Airport.
Moreover, the project features 33 buildings, with areas starting from 120 meters per unit, with the lowest loading ratio ranging between 22-24%, and the building area doesn’t exceed 18% of the total area of the project.
Blue Bird includes a social club and swimming pools for families away from the residential buildings to take into account the privacy of customers, in addition to a covered swimming pool for women. The project also includes lagoons, a gym, and a strip mall with a distinctive design for easy shopping on 8000 meters.
Additionally, the company is awaiting ministerial approval to start construction work.