Hydra enters Libya with Tripoli towers
Dubai, November 24, 2008
Hydra Properties has officially unveiled its latest project, the Hydra Tripoli Tower, an iconic tower and the first of a series of luxury and lifestyle projects planned for Libya and North Africa.
As a mixed-use tower, the Hydra Tripoli Tower will rise 45 floors into the sky and feature state-of-the-art facilities to adequately satisfy retail, hospitality, and commercial requirements.
Following the birth of Hydra Libya Real Estate Company which was established to handle the Hydra’s operations in the North African region, the Hydra Tripoli Tower is positioned to become the jewel of the capital’s skyline.
The project will emanate a sense of magnificence and sheer luxury with its amenities, facilities, and breathtaking views, said a top Hydra official.
Dr Sulaiman Al Fahim, Hydra Properties chief executive officer, said while entering the North African market the company had made a commitment to continually promote a luxurious lifestyle among citizens of the region by offering prestigious projects that combine both stunning form and exceptional function.
'It gives me great pleasure to launch our first project in this part of the world that will set new benchmarks in lavish living and quality real estate,' he noted.
According to him, the Hydra Tripoli Tower will bank not only on its complete offerings, but most importantly on its prime location at the heart of the Libyan capital.
Providing astounding views of Tripoli’s waterfront, the tower’s location is only 10 minutes away from the Matiga Airport and 20 minutes away from the international airport.
'With the back-to-back offering of opulence and convenience, the tower will be developed in the central business district in downtown Tripoli and will be a short walk away from the city’s main square as well as the Gold Market,' he noted.
'A hotel will cover 15 floors of the tower, while offices and commercial establishments, all vying for the most quintessential corporate address in Libya, will occupy the remaining 30 floors of the celebrated development.'
'The ground floor will be populated by an overwhelming variety of retail stores, restaurants, and cafes – all set to cater to the extravagant needs of guests, visitors, and corporate tenants of the building,' he explained.
In addition, a landscaped exterior with enticing, lush greens of up to 2,000 square metres will radiate a feeling of dreamlike calm and relaxation.
Overall, the Hydra Tripoli Tower will become an awe-inspiring exhibition of architectural marvel in the skyline of the Libyan capital.
As Hydra’s latest endeavour into a foreign market, the spectacular project will present additional value to existing investors as it joins the developer’s long roster of prominent projects in the UAE and beyond, such as Hydra Village Abu Dhabi, Hydra Avenue Towers, Marina Spirit, Hydra Waves in Mexico and Al Aqeeq Marina in Kuwait.-TradeArabia News Service