Tuesday, 19 August 2008

New Cairo Retail Project in Last Phase

Park Avenue at New Cairo is the sixth project launched by DAMAC Properties in Egypt. The retail area is connected to the New Cairo major roads and highways and will become the main anchor commercial zone for New Cairo, Heliopolis and surrounding areas such as Nasr City.
“The third phase is similar in design and planning to Phase I & 2, holds a total of 378 shops in the ground floor and is due for completion by December 2013,” said Mr. Ziad Al Chaar, General Manager- International of DAMAC Properties.
Phase 3 of the project’s retail area overlooks a central public park including both an indoor and outdoor area, presenting year round entertainment and shopping options.

A fusion of Mediterranean warmth and classical sophistication is planned for the project’s buildings, which are arranged with courtyards, water fountains and open-air seating - offering the best of alfresco dining and healthy outdoor living experiences to Park Avenue-New Cairo visitors.

The project is planned with the comfort of those visitors in mind, with wide pedestrian walkways, street-side cafes and restaurants offering relaxing views and plenty of space for leisurely walks and window shopping.

The new project now offers over 60,000 square meters of retail space set in a landscaped environment. Located in the fashionable Downtown area of New Cairo, Park Avenue-New Cairo possesses all the features of a paramount shopping destination.