Retail 53m for sale in Central Iconic Tower New Capital

Shop for Sale in Central Iconic Tower - New Capital

 
Reference: GB114525
EGP 7,286,400
Category:
Shops / Sale
Price:
EGP 7,286,400 Installment
Price / Sqm:
EGP 137,479 Per Sqm
Store Type:
Other
Finishing Status:
Core & Shell
Area:
53 M2
Floor No.:
Ground Floor
No of Floors:
Delivery Date:
2025
Allowable height:
Last Updated:
Wed 10 May 2023

The Central Iconic Tower is an upcoming project that is set to become the centrepiece of the New Administrative Capital in Egypt. The tower is designed by the Egyptian engineer Diaa Eldin Gabr and is expected to be an iconic landmark of the country.

The Central Iconic Tower is set to be the tallest building in Africa and one of the tallest in the world, with an expected height of 385 metres. It will be located in the heart of the New Administrative Capital, which is being built to relieve the overcrowding and congestion of Cairo.

The tower's design is inspired by the famous lotus flower, which is an important symbol in Egyptian history and culture. It will have a unique lotus-shaped design with a twisting form that will give it a striking appearance.

The tower will have multiple functions, including residential, commercial, and hospitality spaces. It will include luxury apartments, a five-star hotel, office spaces, and observation decks. The tower will also be home to a shopping mall, restaurants, and an entertainment centre.

The Central Iconic Tower is expected to be a major tourist attraction in Egypt, as it will offer panoramic views of the New Administrative Capital and the surrounding desert landscape. The observation decks will be open to the public, allowing visitors to experience the tower's unique design and see the city from above.

The tower's construction is being carried out by the Chinese construction firm CSCEC, which is known for its expertise in building tall structures. The project is expected to cost over $3 billion and is being funded by the Egyptian government and a consortium of Chinese banks.

The Central Iconic Tower is set to be completed by 2023, and its construction is expected to create thousands of jobs in the New Administrative Capital. The tower is part of Egypt's vision to modernise and develop its infrastructure and attract foreign investment to the country.

In conclusion, the Central Iconic Tower is set to become a symbol of Egypt's modernisation and progress. Its unique lotus-shaped design, height, and functions will make it one of the most impressive buildings in the world. With its completion, the tower will offer breathtaking views of the New Administrative Capital and become a must-see destination for tourists in Egypt.

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