Sky Innovo Developments Egypt Launches Park St. Edition for Sustainable Urban Living

Sky Innovo Developments Egypt launches Park St. Edition, a fully integrated urban project promoting sustainable living with residential, commercial, and green spaces, aligned with Egypt Vision 2030.

Sky Innovo Developments Egypt officially launched the Park St. Edition project, its first direct development in New Cairo. The project is located at the main entrance of New Cairo, representing a model of sustainable urban development.

It integrates engineering planning, smart infrastructure, and modern technology to ensure efficient and sustainable execution. Park St. Edition combines residential units, commercial activities, and public green spaces to enhance quality of life.

The development covers 24,329 square meters with a total investment of approximately EGP 16.05 billion. The project enjoys a strategic location, providing easy access to main roads and surrounding services.

Commercial and recreational facilities include Park St. East, 5A, and U Venues, offering diverse shopping and leisure options.

Bishoy Azmy, CEO of Innovo Group and Board Member of Sky Innovo Developments, emphasized delivering an integrated model combining sustainability, comfort, and modern urban planning.

The first phase of Park St. Edition witnessed unprecedented demand, with all units sold, reflecting strong client trust. Construction works proceed according to schedule, preparing for subsequent phases throughout 2026.

Azmy added that Egypt represents a significant growth opportunity, and the strategic partnership with Sky Investments Holding brings global Innovo Group expertise to the market.

The company aims to develop smart, integrated communities, creating tangible value for residents and the economy while aligning with Egypt Vision 2030.

Sky Innovo Developments applies world-class architectural standards and sustainable practices across all its projects. It delivers balanced communities combining living, working, and entertainment, along with fully integrated services.

Sky Innovo Developments was founded in 2024 through a strategic partnership between Sky Investments Holding and Innovo Group. Park St. Edition reflects the company’s new approach to multi-use, distinctive urban development.

Sky Investments Holding, established in 1997, is a leading investor in Egypt with a 16-billion-EGP portfolio in the last five years.

Innovo Group is a global company specializing in design, execution, development, and financing of major real estate and infrastructure projects. The group operates across four continents with a portfolio of over 130 projects, relying on advanced technology and sustainable practices. Its workforce exceeds 15,000 employees in more than ten countries.

This partnership positions Sky Innovo Developments as an innovative developer, shaping urban lifestyles through smart, future-ready communities.