Empire State Developments is working to attract top-tier brands to its flagship project, Evet Mall in the New Administrative Capital, amid strong demand from both customers and investors for purchasing and investment opportunities.
Chairman of Empire State Developments Mostafa Mohsen noted that the mall already features several well-established brands, adding that the company is committed to expanding this presence to enhance diversity and deliver a broader range of services to its clientele.
He added that Evet Mall is a mixed-use commercial and entertainment project located in the heart of the MU12 business district, close to the main entrance of the New Administrative Capital and the Middle Ring Road.
The mall enjoys direct views of the Green River and the Iconic Tower, and sits next to the R5 residential district, which hosts a major university. This ensures high occupancy rates in the area and creates strong demand for commercial services, making the project an ideal destination for leading brands.
Mohsen further explained that the mall’s strategic location has made it a prime attraction for many top brands. With its exceptional location and innovative modern design, the project offers an integrated environment that meets the needs of both investors and customers, positioning it as a promising commercial hub in the area.
He pointed out that the company is awaiting excavation permits for the project, which are expected to be obtained before the end of the current month, allowing construction work to begin. The mall will consist of a ground floor and four upper floors, featuring cafés and restaurants.
Additionally, the project will be managed by TSM, a leading company in the management and operation of mixed-use developments.
He disclosed that the diversity of brands within the project is a key strength, ensuring a comprehensive mix of activities that combines international cafés and restaurants with various services. This creates a well-rounded experience for visitors and encourages longer stays within the mall.
He concluded that such diversity enhances the project’s investment value and positions it as an attractive destination for a wide range of customers and investors.
