15 Jumada I 1446 - 16 November 2024
    
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Eye of Riyadh
Business & Money | Monday 21 August, 2023 11:30 am |
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Azizi Developments’ Park Avenue III reaches 58% completion

Azizi Developments, a leading private developer in the UAE, has announced the 58% completion of its prestigious Park Avenue III project, located in the highly sought-after MBR City, with the completion date set for Q4 2023. Park Avenue is a well-connected premium residential community strategically located in one of Dubai’s most popular and well-connected areas. 

Park Avenue comprises three buildings comprising 372 residences and 29 retail units; each building comes fitted with a fully equipped gym and swimming pool. Work is rapidly progressing, with Park Avenue III’s structure being 100% complete and blockwork and internal plaster being at 98% and 86%, respectively. Tiling, HVAC, and MEP now stand at 22%, 23%, and 32%, respectively, while the façade is 96% complete. Overall finishes are at 32%, and the manpower across Park Avenue was expanded to 660.

In his comments, Mr. Farhad Azizi, CEO of Azizi Developments, said: “We are currently seeing exceptionally swift progress across all our projects, with Park Avenue III being no exception. By working in close harmony with our contractors, carefully selected by us as the best-in-class, and by taking the reins in procuring top-of-the-line building materials ourselves, we have successfully expedited our construction while achieving even higher levels of build quality. Park Avenue III is remarkable in the lifestyle that it grants those who will reside in it, with its premium quality, outstanding location, well-thought-through design, and comprehensive set of amenities.”

Built around the concept of connected serenity, Azizi’s Park Avenue project is the epitome of a strategic, easily accessible, and convenient location that is its little getaway within the city. Surrounded by greenery and in proximity to Azizi’s French Mediterranean-inspired master-planned community, Riviera, the upcoming Meydan One Mall, the Meydan Grandstand, The Track, and only a 10-minute-drive to Dubai Mall and Downtown Dubai, these contemporary homes are ideally located for those seeking access to some of the city’s most vibrant points of interest while also basking in the tranquility of their community with panoramic views of Dubai’s skyline.

Near Park Avenue, Azizi Developments recently launched Rêve within its 24-building, ultra-luxury phase in Riviera. The developer has also recently completed 6,000 units across 30 buildings in Riviera, its prestigious MBR City community near Park Avenue, and the 634-unit Creek Views I project in Dubai Healthcare City.

-Ends-

 

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