1. Introduction: The New Landmark of South 90th Street

New Cairo is no longer just a residential suburb; it has evolved into the financial and commercial heartbeat of Egypt. Amidst this transformation, one project stands out not just for its size, but for its vision: Golden Gate New Cairo.

Developed by Redcon Properties, a titan in the Egyptian construction industry, Golden Gate is not merely a shopping mall or an office complex. It is a fully integrated, sustainable district located on the prestigious South 90th Street. With an imposing facade stretching over 1.2 kilometers, it physically and metaphorically acts as the gateway to the Fifth Settlement.

For the international investor or the multinational corporation, Golden Gate represents the pinnacle of “Class A” real estate. It bridges the gap between luxury retail and high-end corporate environments, all housed within an eco-friendly architectural masterpiece. If you are looking for an asset that combines location, construction quality, and future-proof design, Golden Gate is the definitive choice in East Cairo.

2. Project Highlights at a Glance

• Project Name: Golden Gate.
• Developer: Redcon Properties (The development arm of Redcon Construction).
• Location: Directly on South 90th Street, New Cairo (Between AUC and Choueifat).
• Total Project Area: Approx. 160,000 SQM (Land) / 250,000 SQM (Built-up Area).
• Frontage: A massive 1.25 Kilometers directly on the main road.
• Project Type: Mixed-Use (Commercial Retail & Administrative Offices).
• Unit Types: Retail Shops, F&B Outlets, Corporate Offices, Standalone Admin Buildings.
• Starting Areas: Offices from 90 sqm | Standalone Buildings from 6,000 sqm.
• Starting Price: From 13,000,000 EGP (Subject to market changes).
• Payment Plan: 10% Down Payment, Installments over 6 Years.
• Delivery: Within 2 Years.

3. Location & Accessibility: The Prime Commercial Corridor

For foreign buyers, understanding the geography of New Cairo is crucial. The South 90th Street is the “Champs-Élysées” or “Fifth Avenue” of Cairo. It is the artery where the highest land values, the biggest banks, and the most luxurious brands reside.

Golden Gate commands the most strategic stretch of this street. It is situated right in the heart of the Golden Square, positioned between the American University in Cairo (AUC) and the Ring Road.

Why this location is a “Hard Asset”:

• Unrivaled Visibility: With over 1 kilometer of frontage, businesses here have permanent billboard-level exposure to thousands of passing cars daily.
• The Educational Hub: Located just 2 minutes from the American University in Cairo (AUC), creating a steady flow of students, faculty, and visiting families.
• Regional Connectivity:

• 20 Minutes to Cairo International Airport.
• 30 Minutes to the New Administrative Capital.
• 15 Minutes to the Suez Road.

• Commercial Neighbors: It sits adjacent to major business hubs like The Ark and is minutes away from Cairo Festival City, placing it in the center of the commercial ecosystem.

4. The Developer: Redcon Properties (Builders First)

In a market saturated with developers who outsource construction, Redcon Properties stands apart. They are the development arm of Redcon Construction, one of Egypt’s top five construction contractors with a 30-year legacy.

Led by Eng. Tarek El-Gamal, Redcon has literally built modern Egypt. Their portfolio includes high-complexity projects demonstrating their engineering prowess.

Notable Portfolio:

• New Alamein University: A massive educational landmark on the North Coast.
• New Alamein Towers: Iconic skyscrapers defining the new Mediterranean skyline.
• Hurghada Bowling Center: A key leisure project.
• Arabella Resort: A well-known hospitality destination.
• Abu Talat Tourist Resort: Contributing to Egypt’s tourism infrastructure.

The “Redcon” Advantage for Investors:

1. Delivery Reliability: They build their own projects. They are not dependent on third-party contractors, which significantly reduces the risk of construction delays.
2. Quality Assurance: As a Grade-A contractor, the finishing, structural integrity, and materials used in Golden Gate are of the highest international standards.
3. Financial Stability: With a massive portfolio of government and private contracts, Redcon has the liquidity to deliver Golden Gate regardless of market fluctuations.

5. Full Project Description: A Sustainable Architectural Marvel

Golden Gate is designed to be a self-sufficient urban district. Spanning a built-up area of nearly 250,000 square meters, the project comprises 29 interconnected buildings.

The “Green” Philosophy:

Golden Gate is one of the few projects in Egypt aiming for LEED Certification (Leadership in Energy and Environmental Design).

• Climate Control: The architecture utilizes “Green Architecture” principles. The placement of buildings creates shaded corridors that channel cool air, lowering the outdoor temperature by several degrees compared to the street.
• The Facade: The buildings feature distinct, modern glass facades treated to block heat while allowing maximum natural light. This reduces electricity consumption for tenants.
• The Promenade: The district is designed around a pedestrian-first experience. Visitors can walk through open-air plazas, landscaped promenades, and water features, enjoying a shopping experience that feels like an open-air European high street.

Zoning:

The project is intelligently divided:

• The High Street: Outdoor retail zones hosting global fashion brands.
• The Corporate Campus: Dedicated administrative buildings offering quiet, productive environments separate from the retail bustle.

6. Unit Types & Areas

Redcon has designed Golden Gate to cater to two specific audiences: Premium Retailers and Corporate Heavyweights.

1. Administrative Offices (Corporate & HQs)

Designed for productivity and prestige.

• Small & Medium Enterprises: Offices starting from 90 sqm. These units feature open layouts, high ceilings, and panoramic views of the internal plazas or the 90th Street.
• Corporate Headquarters: For large multinationals, Golden Gate offers Standalone Administrative Buildings with areas starting from 6,000 sqm. These allow companies to have their own private lobby, branding, and security.

1. Commercial Retail

Designed for high footfall and visibility.

• Flagship Stores: Double-height units facing the main road.
• F&B Units: Spaces dedicated to restaurants and cafes, featuring outdoor terraces overlooking the promenade.

7. Facilities & Amenities: A Futuristic Business Ecosystem

Golden Gate is not just a place to work or shop; it is a tech-enabled ecosystem designed for the future.

• Underground Parking: A massive two-level underground garage spans the entire project footprint. This solves the chronic parking issue of the 90th Street, offering safe and ample space for thousands of cars.
• Smart Building Management (BMS): Advanced systems control lighting, temperature, and security, ensuring operational efficiency.
• Central Air Conditioning: A district-wide cooling system ensures a comfortable environment across all buildings and corridors.
• EV Charging Stations: Dedicated spots for electric vehicles, aligning with the project’s sustainable vision.
• Entertainment Hub: The project includes a luxury Cinema Complex and entertainment zones, ensuring footfall continues well into the evening.
• Business Support: Concierge services, meeting pods, and high-speed fiber optic connectivity throughout the district.
• Security: 24/7 surveillance, electronic access cards for office employees, and professional crowd management for the retail zones.
• Accessibility: Panoramic elevators and escalators ensure smooth movement between floors and zones.

8. Payment Plans: Investing in the Future

Redcon Properties offers a payment structure that balances the premium nature of the project with financial flexibility.

The Offering:

• Down Payment: 10% upon signing.
• Installments: The remaining balance is spread over 6 Years (Equal Installments).
• Delivery: Scheduled within 2 years, allowing investors to start generating ROI relatively quickly compared to other off-plan projects.
• Starting Prices:

• Units generally start from 13,000,000 EGP, varying significantly based on location (90th St view vs. internal plaza) and usage (Retail vs. Admin).

9. Challenges & Cons: The Medical Exclusion

While Golden Gate boasts an impressive list of features, prospective investors should be aware of a specific zoning decision:

• Lack of Medical Units: The project does not include medical clinics or specialized healthcare centers.
• The Rationale: This is a deliberate choice by Redcon to maintain a strictly “Corporate & Lifestyle” atmosphere. While some may see this as a disadvantage (missing out on the medical investment sector), it actually enhances the value for administrative tenants who prefer a professional business environment without the foot traffic associated with clinics.

10. Why Golden Gate is Ideal for Foreign Buyers & English-Speaking Locals

If you are looking for a “Blue Chip” real estate asset in Egypt, Golden Gate is a top contender. Here is why:

1. The “Trophy Asset” Status: Owning property on the South 90th Street is like owning property on Fifth Avenue. It is a scarcity asset that retains value in USD terms better than secondary locations.
2. Corporate Tenant Demand: Multinational companies in Cairo prefer buildings with LEED certification and strong facility management. Golden Gate caters exactly to this demographic, ensuring high rental yields for office owners.
3. Redcon’s Reliability: For an expat, the biggest fear is construction delay. With Redcon, you are betting on the builder, not just a developer.
4. Sustainability: As global ESG (Environmental, Social, and Governance) standards rise, green buildings like Golden Gate will command higher resale values and rents than older, non-efficient buildings.

11. Frequently Asked Questions (FAQ)

Q: Is Golden Gate a mall or an office park?

A: It is a mixed-use district. It combines the concept of an open-air luxury mall with a high-end corporate business park, integrated through landscaped promenades.

Q: Who is the architect?

A: The project is designed by a consortium of top international and local consultants, focusing on modern, sustainable, and functional architecture.

Q: Can foreigners buy property here?

A: Yes, foreign nationals can own freehold administrative and commercial units in Golden Gate.

Q: When will the project be delivered?

A: Construction is advancing rapidly, with delivery scheduled within 2 years.