Imcan Real Estate Development Company was featured at Cityscape Abu Dhabi 2018 with two pavilions, both of which were characterized by creativity and innovative thinking, which told a lot about the ambitious and unique vision of this young company. This is not difficult for IMKAN which has earned a global reputation for developing world-class projects that enrich the lives of residents. The 18-hectare, waterfront Makers District on Al Reem Island in Abu Dhabi, Sheikha Fatima Park in Abu Dhabi, Al Burouj in Cairo, a mixed-use development in Rabat, Morocco, and Carmen in Casablanca, are just a few of the company's pioneering local and international projects. IMKAN Real Estate Development also showcased its unique research platform, IMKAN Box, a creative studio that utilizes the latest technology and design research to highlight its future projects. The IMKAN Box Lab is a meeting place for the best minds and the center of IMKAN's multidisciplinary approach to stimulate innovation and growth.
Imkan's unique research platform, IMKAN Box.
IMKAN sees real estate exhibitions as an important opportunity to showcase its uniqueness. «Cityscape Abu Dhabi is an ideal platform to establish ourselves as a forward-thinking company that seeks to make a positive change in the communities in which we operate,» says Waleed Al Hendi, CEO of IMKAN. This change cannot be achieved without recognizing what residents need to enrich their lives and interact with those around them.«
Cityscape Abu Dhabi.
IMKAN Real Estate Development also announced the progress of its local and international portfolio of residential and mixed-use projects with the commencement of construction on three projects in Abu Dhabi - Makers District, Nadra and Sheikha Fatima Park - as well as Al Burouj in Cairo. Through one of its subsidiaries, Capital Group Properties, the company confirms that it will deliver the first batch of residential communities for the Al Burouj project in the second quarter of 2019. Al Hindi said: «We are proud of the progress the company is making in its local and overseas projects. We are not just building homes and offices, we are shaping a whole new mindset in real estate development. Our projects contribute unique touches of design, local ambience and quality, and add to the lifestyle of residents in the cities where they are located. We are confident that once completed, these projects will become an unparalleled destination in meeting the needs of residents and workplaces to support active, vibrant communities characterized by a creative and socially conscious environment.»
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In terms of projects, the National Marine Dredging Engineering and Contracting Company has completed the reclamation of approximately six hectares of land for public use in Makers District, the master-planned development on Al Reem Island, and as scheduled, preliminary work for the Pixel project began during the second half of this year, including the placement of 700 meters of direct linear supports and 180,000 cubic meters of excavation, with more than 900 permanent supports.
<p class=«p1IMKAN has also begun excavation work on Nadra, an upscale community in Saadiyat Island's Cultural District. The project will be home to 37 beach villas and will allow residents to design their own homes. Nadra was awarded to a consortium that includes Watts and Eastern.
At Cityscape Global 2018, IMKAN also announced Al Jurf, an integrated second home destination along the UAE coastline, which will serve as a Riviera in the Ghantoot area between Abu Dhabi and Dubai. Covering 370 hectares along 3.4 kilometers of blue sea frontage, at a cost of AED 2 billion for the first phase of the project, it will become a destination for those looking to buy a second home in a destination that seamlessly blends nature, culture, architecture, past, present and future by offering a true experience away from city life.
Al Jurf is an integrated second-home destination along the UAE's coastline that will serve as a Riviera in the Ghantoot area between Abu Dhabi and Dubai.
As part of its strategy to develop projects that go beyond mixed-use real estate, IMKAN has awarded the construction contract for Sheikha Fatima Park, Abu Dhabi's first open-air green leisure destination, to Al Faraa General Contracting. Preliminary construction work has begun on the 46,000-square-meter park, which is approximately the size of the Sheikh Zayed Mosque site in Abu Dhabi. The park will be the first project in the UAE capital to bring together food and beverage outlets and retail stores in a tranquil green outdoor space.
In Egypt, construction continues on Al Burouj, an integrated community spanning more than 1,200 acres (5 million square meters) in the rapidly growing new residential area of East Cairo. The project includes the Sheikh Zayed Mosque, which will be built in honor of Sheikh Zayed.
