New Administrative Capital
Paragon Mall 1 is the first smart administrative building in the financial and business district of the New Administrative Capital, designed based on the latest technology tools and techniques that make business management easier, provide a work environment that helps productivity, and strengthens investment opportunities.
With investments amounting to 500 million pounds, Paragon Developments Company announced the establishment of Paragon Mall 1 in the middle of the Administrative Capital, to be the first smart administrative building in the Egyptian local market.
It is expected that the units of the Paragon Mall 1 New Capital will be delivered in 2024, as it includes units suitable for administrative offices and work areas that were designed based on different ideas and innovative use of areas. Double-height units are provided with smart infrastructure and IP phones, other than providing units with High-speed internet and fiber optic networks.
The project is being implemented on an area of 4,300 square meters, with a building area of 23,000 square meters, and the mall is two floors underground (basement) + ground floor + 7 floors, and it also includes two floors, which is a surface garage with an area of 8,500 square meters.
Paragon Developments Company has cooperated with a number of corporations to implement its project, including Schneider Electric to provide smart building management solutions, Space Consultants Office to act as a project implementation supervisor, and ASAS contracting company to handle construction and finishing works.
The real estate developer of the project is Paragon Developments Company, whose first smart project is Paragon Mall 1 New Capital. However, it is one of the leading companies in the construction, real estate market, and project management, as it has more than 15 years of experience in the local market in Egypt and the Gulf countries.
The company operates through a vision that aims to rely on the latest technologies and expand the scope of its project services, whether commercial projects or administrative building development works, or hotel and resort design, which made it a major contributor to many major projects in Egypt, providing it with construction, development and management services, and providing opportunities for solid investments, with a focus on customer well-being.
Paragon Mall 1 is located in the middle of the New Administrative Capital, specifically in the financial and business district, to be close to Al-Masa Hotel, the Ministries District, the Mosque of Egypt, the headquarters of the Central Bank, and the Egyptian Stock Exchange. The mall overlooks the Presidential park and is adjacent to a number of One of the largest real estate investment projects.
Since the project has a privileged location, making it close to important major landmarks and various service places, as well as main roads that are the way to different areas, it is close to:
Ain Sukhna Road, Suez Road, Mohammed bin Zayed Axis, and the Regional Ring Road
The government district, the ministries district, and the Parliament
City of Arts and Culture and the Egyptian Opera House
The National Museum of Egyptian Civilization
Financial institutions and bank headquarters
Basically, Paragon New Capital project provides administrative units that are suitable for offices or workspaces, as well as meeting and conference rooms, and it also provides commercial units suitable for restaurants, cafes, and pharmacies, as well as green areas, gardens, and a two-story garage.
Paragon Developments Company offers a wide variety of units in Paragon Mall 1, with an interest in the smart and innovative use of these areas, as the construction area of the project is 23,000 square meters. On the ground floor, the areas of units vary from 45 to 87 to 168 square meters. As for the first floor, the units’ areas range from 44 to 162 square meters, the areas of units on the second-floor range from 51 to 124 square meters, and the areas of units on the third and fourth floors range from 50 to 116 square meters, and the areas of units in the fifth and sixth floors range from 53 to 129 square meters, and the units in the Seventh floor come with areas ranging from 57 to 118 square meters.
In order to achieve the main idea of the project, which is for Paragon Mall 1 to be the first smart administrative building designed to achieve luxury, and relaxation, and stimulate a positive atmosphere at work. Units for cafes, restaurants, and shops.
The project works to reduce energy consumption through the U-shaped architectural design, provided that the facade of the mall is double-glazed to allow natural light to penetrate all units as long as possible. The mall consists of 2 basements + a garage consisting of two floors + a ground floor + 7 floors and is equipped with a central network that helps generate and circulate fresh air inside the room for an entire building.
In addition to the workspaces, Paragon Mall 1 New Capital includes a Garden on the first floor of the basement, the use of roof to be a square that includes various activities and a garden, and a garden on the ground floor, in addition to the green areas around the building as well as water fountains, with facilities and services for people with disabilities.
As for the most important features that are unique to Paragon Mall 1, we mention them:
The location is within the financial and business district in the Administrative Capital
Green areas, gardens, and water fountains inside and around the building
Various areas for administrative offices
Halls for rest and relaxation
The design of the mall is based on the concept of the Internet of Things to facilitate remote control
Providing high-speed internet in all mall units
Management of office units
Units for cafes and restaurants
The project provides various services at different levels, including:
The ability to remotely control the mall units ( ranging with the windows and closing them, and even the air conditioning )
An application on phones to manage the work and office environment
Intelligent central air conditioning controls the air and the appropriate temperature according to the number of people
Meeting and conference rooms
High-level monitoring and security systems
The mall is friendly to people with disabilities
Fire fighting systems
A permanent electric generator that prevents power outages
Reception service for administrative offices
In order to get to know the exact price of any real estate unit, you should pay attention to the factors that can affect the final price, ranging from the unit area, type of finishing, services, and features you own, and the unit’s location within the property, as well as its view, so it is better to rely on an Aqarmap table that is updated periodically and with the most accurate prices.
How was your experience with the advertiser?