Dolmen Developments has begun building work on its The Pier Mall undertaking situated within the New Administrative Capital (NAC), in keeping with the corporate’s Chairperson, Abdelazim Khalil.
The undertaking, the corporate’s first growth undertaking within the NAC’s Al Maqsad District, spans an space of three,000 sqm.
Khalil stated that Dolmen Developments plans to direct investments worth EGP 30m into The Pier Mall in the course of the first six months of its implementation. A complete of EGP 85m can be allotted over the 26 months of the undertaking’s growth interval.
Price a complete of EGP 400m in investments, The Pier Mall is situated within the NAC’s R3 district. It’ll have a complete built-up space of 6,500 sqm. It consists of a floor flooring, and two industrial flooring that can be comprised of 150 shops, in addition to an administrative flooring.
Khalil added that the corporate is planning to finish 40,000 metres of drilling on the undertaking website by the tip of this month. Excavation work is being carried out over the undertaking’s complete space, with ARKAN Engineering Consultancy supervising the mall’s building.
He defined that the corporate has accomplished advertising for about 65% of the mall, and is providing varied cost methods with cost durations of as much as eight years.
Khalil identified that the corporate has two different plots of land on the NAC, and is getting ready to launch its second undertaking within the Al Maqsad District within the NAC quickly.