{"id":3807,"date":"2019-07-06T11:44:01","date_gmt":"2019-07-06T11:44:01","guid":{"rendered":"https:\/\/investwell-eg.com\/?p=3807"},"modified":"2021-03-08T23:25:16","modified_gmt":"2021-03-08T23:25:16","slug":"the-launch-of-two-new-projects-in-new-alamein","status":"publish","type":"post","link":"https:\/\/investwell-eg.com\/brokerage\/the-launch-of-two-new-projects-in-new-alamein\/","title":{"rendered":"The Launch of Two New Projects In New Alamein"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Egypt\u2019s real\nestate developer City Edge Developments (CED) has announced the launch of two\nnew residential projects, The Gate and Mazarine, in New Alamain, North Coast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Revealed\nduring a press conference held in on CED\u2019s new towers on July 3, the projects are\nowned by the New Urban Communities Authority (NUCA), according to a press\nstatement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Gate,\ndesigned by Concord Consulting Group, is slated to be a residential,\nrecreational and commercial complex consisting of two 44-floor towers. The\n170-meter buildings have a built-up area of 264,000 square meters and features\n669 fully finished units ranging in sizes between 50 and 400 square meters.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Split by a\nroad that leads directly to the shore, the towers stand on a five-floor podium\nfeaturing amenities such as two sky pools, panoramic L-shaped restaurants, a\nspa, a gym retail outlets, panoramic elevators, and cinema halls, as well as\nother services including waste management system and generators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Commenting on\nthe new launches, the company\u2019s CEO Amr El Kady said, \u201cWe currently need urban\nlandmarks and distinct real estate buildings that reflect the economic revival\nof Egypt in recent years. The Gate and Mazarine projects strongly support our\npresence on the map of national project and fourth generation cities.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The second\nproject, Mazarine, is designed by \u00d6koplan to be a luxury residential complex\nspanning across 98 acres and comprising more than 296 units varying between\nvillas and chalets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Overlooking a\n635-meter long beach promenade, the project is few minutes away from North\nSquare, which is the largest commercial project on the coast.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The CEO added,\n\u201cInvesting in tall buildings or towers is one of the country\u2019s economic\nstrengths and a sign of our economic and real estate development.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe expect the\nprojects to be successful, complementing the real estate and urban importance\nNew Alamein represents for the Egyptian market,\u201d El Kady underlined. \u201cThe new\ncity embodies the Egyptian government\u2019s vision for the future of real estate\ndevelopment in the country by developing a number of fourth generation cities,\u201d\nhe concluded.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Established in\n2017, the company is 60% owned by the New Urban Communities Authority (NUCA)\nand 38% by Housing and Development Bank (HDB).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt\u2019s real estate developer City Edge Developments (CED) has announced the launch of two new residential projects, The Gate and Mazarine, in New Alamain, North Coast. Revealed during a press conference held in on CED\u2019s new towers on July 3, the projects are owned by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4659,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[19],"tags":[],"class_list":["post-3807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Launch of Two New Projects In New Alamein - INVESTWELL - Real Estate Investment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/investwell-eg.com\/brokerage\/the-launch-of-two-new-projects-in-new-alamein\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Launch of Two New Projects In New Alamein - INVESTWELL - Real Estate Investment\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s real estate developer City Edge Developments (CED) has announced the launch of two new residential projects, The Gate and Mazarine, in New Alamain, North Coast. 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