Who is the developer of Monorail Tower New Capital?

The company that owns Monorail Tower New Capital is ERG

Office 66m for sale in Monorail Tower New Capital

Reference: NS 67154

EGP 4,546,410

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,546,410

Office 66m for sale in Monorail Tower New Capital

Reference:

NS 67154

Price:

EGP 4,546,410 Installment

Price / Sqm:

EGP 68,885 Per Sqm

Finishing Status:

Super Lux

Area:

66 sqm

Delivery In:

2026

Listed:

Mon 22 May 2023

About Monorail Tower New Capital

Office for Sale in Monorail Tower - New Capital By ERG - Delivery Year 2026

Possible article:

Monorail Tower: A Futuristic Transport Solution for New Capital Egypt

Egypt's New Administrative Capital (NAC), one of the largest and most ambitious urban development projects in the world, aims to create a sustainable, smart, and modern city for millions of people. To achieve this vision, the NAC is adopting innovative technologies and designs, including a monorail system that will connect different regions and facilities of the city in a fast, safe, and comfortable manner. One of the key elements of the monorail system is the Monorail Tower, a distinctive structure that promises to redefine the skyline and the transportation experience.

The Monorail Tower, which was designed by the French architectural firm Vincent Callebaut Architectures (VCA), is a 125-meter-high tower that will serve as a station for the monorail trains, as well as a hub for various services and activities. According to VCA, the tower is inspired by the lotus flower, a symbol of rebirth and purity in Egyptian culture, and will feature a façade made of ultra-high-performance fiber-reinforced concrete (UHPFRC) that mimics the texture and pattern of lotus petals. The tower will also have a vertical garden on its south-facing side, containing over 350 trees and 14,000 shrubs, which will help to purify the air, reduce the temperature, and enhance the biodiversity of the area.

The Monorail Tower will be located near the Central Business District (CBD) of the NAC, which includes the governmental district, the diplomatic district, and the financial district, and will be connected to other monorail stations, as well as to the Cairo metro network and the electric buses, through a comprehensive transport system. The monorail trains, which are expected to run on a double-track elevated guideway and reach a speed of up to 80 kilometers per hour, will use a driverless and energy-efficient technology that can accommodate up to 48 passengers per cabin. The monorail system is expected to cover a total distance of 54 kilometers and serve more than one million residents and visitors per day, providing them with an efficient and eco-friendly alternative to the congested roads and highways.

In addition to its transportation functions, the Monorail Tower will also house various amenities and attractions that cater to different purposes and audiences. These include:

- A panoramic observatory on the top floor, which will offer visitors a stunning view of the NAC and its surroundings, as well as a restaurant and a lounge area.
- A conference and exhibition center on the second and third floors, which will host various events and activities, such as seminars, workshops, and cultural events.
- A retail and leisure complex on the lower floors, which will feature a shopping mall, a cinema, a food court, and a fitness center, among other facilities.
- A museum and a cultural center on the ground floor, which will showcase the history, culture, and achievements of Egypt and the NAC, as well as provide educational and social programs.

The Monorail Tower, which is scheduled to be completed in 2023, represents a bold and creative approach to urban transport and architecture, and a symbol of the NAC's aspirations and achievements. Its combination of form, function, and sustainability reflects the principles and values of a city that seeks to make a positive impact on the environment and the society, while providing its people with a high quality of life and a sense of pride and belonging.

As a lawyer, I would recommend that the project developers and stakeholders ensure compliance with the applicable laws and regulations, such as the laws related to environmental and cultural protection, safety and security, and accessibility and affordability. They should also ensure transparency and accountability in the project's financing, planning, and execution, and involve the relevant authorities and communities in the decision-making and monitoring processes. By doing so, they can enhance the project's legitimacy, sustainability, and value for all stakeholders.

MLS Realty
+201200070979