Project Gate Developments has officially launched its latest project, Vista Mall, in El Shorouk City.

Eng. Khaled Hassan, Chairman of Project Gate Developments, stated that the company began its operations in the construction sector in 2008 and has since achieved remarkable milestones, successfully delivering major projects across East and West Cairo.

Since 2017, the company has expanded into real estate development, further enhancing its ability to deliver exceptional projects that cater to market demands.

Since its inception, Project Gate Developments has successfully completed multiple projects, most notably Gate Mall in El Shorouk City, which was delivered and is now fully operational. Additionally, the company has developed over 55 residential projects in El Shorouk and New Cairo.

Vista Mall: Prime Location & High Investment Potential

Eng. Khaled Hassan highlighted that Vista Mall spans 4,000 sqm with a total built-up area of 14,000 sqm, and the targeted sales value for the project is EGP 1.2 billion.

The project enjoys a strategic location, situated at the intersection of three main streets, including the El Shorouk Main Axis, with a 70-meter-wide frontage. Its three façades and three main entrances ensure maximum visibility for all units and easy accessibility from various locations.

Additionally, the mall is surrounded by key landmarks, including the French University extension, Nermin Ismail International School, the Grand Mosque, and Chill Out gas station.

Vista Mall comprises a basement, ground floor, and three typical floors, housing 119 units. The mall offers a mix of commercial, administrative, and medical spaces, making it an attractive investment opportunity for both investors and end-users.

Innovative Design & Youth-Focused Retail Plaza

The mall’s innovative and functional design maximizes the benefits of its prime location and three main entrances, providing an optimal environment for businesses and visitors alike.

Eng. Khaled Hassan noted that the ground floor has a ceiling height of 5 meters and includes three main entrances. Additionally, a 1,100 sqm commercial plaza has been integrated into the ground floor, designed to create a vibrant retail hub, particularly appealing to the youth demographic in El Shorouk City.

Project Timeline & Key Partners

The company aims to deliver Vista Mall by 2028. Eng. Khaled Hassan expressed his enthusiasm for collaborating with renowned industry partners, including:

•SMARCH – Design & Engineering Consultancy

•Al Fanar – Engineering Consultant & General Contractor

•Omega – Mechanical Systems Consultant

•AWI – Commercial Sector Consultant

Strong Market Demand & Sales Performance

Eng. Ahmed Wagdy, Chairman of AWI for Marketing & Commercial Consulting, confirmed that the first phase of Vista Mall was launched in December 2024, witnessing strong demand from investors and buyers.

Phase One, which represents 25% of the project’s total units, was completely sold out, reflecting the high market interest in Vista Mall.

The second phase is expected to launch in H2 2025, offering new opportunities for investors looking to capitalize on this landmark commercial project. The development aims to deliver premium facilities and services that meet the needs of businesses across the commercial, administrative, and medical sectors.

Flexible Payment Plans & Competitive Pricing

Mohamed Talaat, Head of Sales at Project Gate Developments, outlined the pricing structure for Vista Mall units:

•Ground floor: Starting at EGP 150,000 per sqm, reflecting the prime value of its commercial spaces.

•First floor: Starting at EGP 80,000 per sqm, with 4.5-meter-high ceilings, ensuring a spacious and comfortable business environment.

•Upper floors (offices & clinics): Starting at EGP 60,000 per sqm, with fully finished administrative units ready for operation.

The company is offering flexible payment plans, starting with a 10% down payment and installment periods of up to 7 years, catering to a wide range of investors.

A Strategic Investment in El Shorouk’s Booming Market

With its prime location in El Shorouk City, Vista Mall is surrounded by affluent residential communities, including District 2 and District 8, areas experiencing continuous growth and increased real estate investments.

Positioned along the El Shorouk Main Road, with a 70-meter-wide frontage, Vista Mall is set to become a premier destination for investors and business owners seeking a strategic, high-visibility commercial hub that offers a dynamic and high-quality environment for businesses, retailers, and medical professionals.