KAEC completes residential project
Riyadh, September 30, 2012
King Abdullah Economic City (KAEC) has announced the completion of its key developments - Beach 1 and Beach 2 Towers - at the Bay La Sun Village, which extends over an area of 2.3 sq km within the economic city.
The Beach Towers consist of 232 residential units with a breathtaking views of the Red Sea, which have been built in accordance with the highest construction standards to meet the city’s needs for luxury residential units.
Leading developer Saudi Binladin Group (SBG) handed over the two towers to KAEC at a special ceremony held in the presence of Fahd Al Rasheed, the managing director and CEO of KAEC, and Nawaf Bakr Binladen, the deputy MD at SBG - PBAD and a number of top executives from both firms.
"We welcome the accession of the first two Beach Towers to the list of KAEC completed projects and are happy to start the handover process ofthe residential units to our costumers," said Al Rasheed.
The handover ceremony was followed by a tour of the beach towers, visiting a fully furnished apartment,and then ending it with a lunch at one of the restaurants located in B1 tower.
At KAEC Beach Towers, residents will enjoy a range of world-class lifestyle amenities including recreational facilities such a gymnasium, a swimming pool for adults and another for children, a multi-purpose hall and a 235 sq m park.
In addition, there is a parking lot that accommodates more than 188 vehicles and special residential rooms for drivers in each building. the beach towers also includes retail outlets, restaurants and cafes with prime waterfront locations in the midst of a magnificent landscape promenaded with scenic views of the Red Sea.-TradeArabia News Service