"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Thursday, January 24, 2008

CITYSTARS, Cairo, Egypt

Today we will venture outside the Gulf Region and go to Cairo Egypt to cover a landmark Mega Project for this area, CITYSTARS. The largest Mega Project to date for Egypt, CITYSTARS is a gigantic mixed use complex constructed at a cost of $800Million. CITYSTARS is an Egyptian themed colossus and consists of 3 pyramids made partially of glass, surrounded by 11 towers, that make up the complex, and a separate building for the shopping mall/entertainment center.

From the developer, Golden Pyramids Plaza:

'CITYSTARS is the latest landmark in Cairo and consists of three international hotels including 1500 room accommodation options, shopping and entertainment center, a medical center, office and residential towers. The hotels are: InterContinental Citystars, the Holiday Inn and the Stars Suite Hotel. The InterContinental Citystars hotel provides guests and business travelers a choice of 19 versatile function rooms and banqueting halls. The hotels offer all types of restaurants, bars, coffee shops, casino, health clubs and swimming pools, located right next door to Stars Center, the largest retail and leisure complex in the Middle East and Europe. The center enjoys an overwhelming interior design which resembles the inside of a Pharaonic temple with huge pillars, colorful floor design, exotic wooden bridges and water features.'

Stars Center is fabulous! It contains 550 stores, an entire indoor theme park, a 21 screen cinema complex, the largest hypermarket in Egypt and a 20,000 sqm exhibition hall that is host to some of the largest conventions in the region. Stars Center is also a "smart" structure with LCD screens throughout, giving the latest store promotions and a variety of security features.

The office towers at CITYSTARS, called Stars Capital, have been "designed to international specifications providing the largest and most advanced multimedia infrastructure of its kind in the world. Forty-five thousand outlets are available in all the project, CISCO Systems multi-service network offering voice, data and video over the same infrastructure, IP telephony, all available terrestrial stations and CITYSTARS portal," according to the developer.

The 790 room 5-Star InterContinental Hotel at CITYSTARS offers its guests the highest quality luxury accommodations available anywhere in Egypt. What is very interesting here is that the hotel offers a CASINO! You will never find this in the UAE...at least not yet. A 330 room 4-Star Holiday Inn at CITYSTARS will provide a more affordable alternative to the InterContinental, while still providing high quality accommodations. An All Suites Luxury Hotel, to be called Stars Suite Hotel, will be the third hotel in the group and provides another 170 rooms to CITYSTARS.

The residential part of CITYSTARS, Stars Living, is a group of towers offering 266 apartments, duplexes and penthouses overlooking the three pyramids of CITYSTARS and offering unlimited views of the swimming pools, club house, and parks of CITYSTARS.

An ultra modern medical tower will also be built at CITYSTARS called Stars Care. This will give CITYSTARS visitors and residents, as well as the surrounding community, the finest health care available.

CITYSTARS is a prime example of how the Mega Project boom of the UAE/Gulf Region is spreading to other parts of the Middle East. This trend should and will continue!

Here are two YouTube videos of CITYSTARS:

http://www.youtube.com/watch?v=28DaCxF3lz4&feature=related

http://www.youtube.com/watch?v=ezmOMcfUtpI&feature=related

This is the link to the CITYSTARS website:

http://citystars.com.eg/citystars/index.asp

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