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Citystars Park St. New Cairo construction begins with EGP 100 billion investment

Citystars Park St. New Cairo construction begins with EGP 100 billion investment

Citystars Park St. New Cairo marks a major step in Egypt’s real estate market as Sky Innovo Developments signed a strategic agreement with Innovo Build to begin construction.

The project represents total investments exceeding EGP 100 billion and reflects a strong commitment to delivery timelines and global standards.

Sky Innovo Developments signed the agreement with Innovo Build, part of Innovo Group. Mr. Tamer Okasha and Mr. Mohamed Gamal signed the deal in the presence of senior executives.
Moreover, this step confirms the company’s focus on execution and quality. It also supports its vision to deliver world-class developments in Egypt.
The Citystars Park St. project spans 140,000 sqm. In addition, the total built-up area reaches around 560,000 sqm.
The project includes:
  • A 1.2 km main façade
  • Mixed-use development concept
  • Commercial and entertainment zones
  • Around 5,000 parking spaces
Therefore, it stands as one of the largest developments in New Cairo.
Sky Innovo Developments aims to deliver Citystars Park St. New Cairo according to LEED standards.
Furthermore, the project integrates energy efficiency and sustainability solutions. This ensures a modern and environmentally responsible urban experience.
Tamer Okasha stated that the project will redefine lifestyle in New Cairo. He emphasized the integration between work, leisure, and sustainability.
In addition, he highlighted partnerships with strong entities. These include branded offices with Park St. and luxury hospitality managed by Fairmont.
Mohamed Gamal confirmed that Innovo Build will deliver advanced construction solutions. He also noted the company’s experience across global markets.
Citystars Park St. New Cairo is located just 20 minutes from Cairo International Airport and approximately 40 minutes from Sheikh Zayed City.
As a result, the project offers strong connectivity. It enhances its position as a hub for business, tourism, and lifestyle.
The project is expected to create thousands of job opportunities. Moreover, it will support economic growth across tourism, trade, and services sectors.
Therefore, Citystars Park St. New Cairo represents a key milestone in Egypt’s urban development.

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