Tuesday, 02 January 2024 12:17 GMT

Dubai's IGO to start construction on USD700m project in USA


(MENAFN) Invest Group Overseas (IGO), the Dubai-based developer, announced it is planning a USD700 million development in the US state of Texas, Arabian Business reported.

The 41-acre luxury mixed-use project, which will be called The Gate, is expected to become a hub of opportunity for the businesses and residents who will make The Gate their address of choice.

The project will include high rise apartment residences, a boutique hotel, destination retail and dining, office space and green areas, with construction of the projected expected to start in Spring 2015, and to be completed by Summer 2019.

"The concept we are building in is very close to the Downtown concept you see here, with a nice shopping area, residential and office spaces and also a hotel and our office in the US is working day and night on the designs," IGO's CEO said.


MENAFN

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