Paragon Developments announced the start of piling works in Paragon 3 model. This was after the completion of the regular concrete and waterproofing works under the foundations of the third administrative building in the series of Paragon administrative projects that was initiated with Paragon 1, and extended to Paragon 2, all the way to the third project. The project provides several areas ranging from 104 to 250 square meters, to offer various spaces for offices with depths ranging from 1:1 - 1:1 ½ of the total area, ensuring comfortable furnishing with optimal utilization of spaces.

Paragon 3 units are distinguished by its architectural design and unique location on the corner of the main street overlooking the Presidential Palace, in addition to its proximity to the Government District and ministries, which gives Paragon 3 a spectacular facade. Most of the units are located on two corners, providing a wide panoramic viewing angle of the area surrounding the project. The majority of the project’s units are overlooking the two main streets, and can see the presidential garden, while the rest of the units’ view is open gardens.

The start of the piling works for Paragon’s exceptional project maintains the customer’s trust in the company. Moreover, Paragon adopts a sustainable strategy in its construction operations particularly IOT in order to optimize the operation of buildings, in addition to applying environmental sustainability to reduce the negative impact of construction on the environment, to meet environmental challenges and climate changes resulting from greenhouse gas emissions, and to reduce energy consumption inside buildings, which also contributes to reducing operating expenses.

Paragon adopts the Leadership in Energy and Environmental Design system known as LEED, which saves 30% to 40% of energy compared to traditional buildings. All the internal corridors of the project are lit with natural lighting through cultivated and open courtyards. In addition, all services are gathered on their own service corridors, away from the administrative units, so that the services provided by Paragon Hub, the first community space in an office building in Egypt, are distributed horizontally and vertically inside the building in an innovative aspect, providing easy access and managing these services in the best possible form.

The project is located 20 minutes from Ain Sokhna, Middle Ring Road, and Suez Road, 35 from New Cairo, 40 minutes from Cairo International Airport, and 10 minutes from the New Administrative Capital Airport.

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About Paragon Developments

Paragon Real Estate Development Company was established in 2020, with the 35 years of maven experience through the founders of Paragon in all fields of development, construction, engineering and architectural consultancy, project management and innovation in designs for administrative and commercial buildings, hotels and  resorts in Europe, the United States of America, Egypt and the GCC countries and one of the most prominent of these projects are the administrative buildings for Siemens, Zepter and Pioneer.

Paragon Real Estate Development Company's strategy is based on establishing smart, sustainable and environment-friendly real estate projects. The company has launched three projects in the Egyptian market: Paragon 1 in the New Administrative Capital, which is the first smart and environmentally friendly administrative building project in the capital on an area of ​​4,239 square meters and an area of ​​23,316 square meters for its deputy. The building will be delivered. In the first quarter of 2023 Paragon 2 will be in the Administrative Capital. It is an administrative building project on a land area of ​​9,215 square meters and is under construction to have an area of ​​60,000 square meters.

For more information please visit: weareparagon.dev

About PARAGON 3:

Paragon 3 is the latest project of PARAGON Real Estate Developments, Paragon 3 is characterized by a prime location on the main presidential road facing the presidential palace, that marks a strategic setting near the financial sector and ministries, and most of the units directly overlook the main presidential boulevard and the presidential palace garden.

 Paragon 3 is characterized by a wide variety of unit space, which sorts them suitable for companies and investors (104 sq. to 250 sq.), designed with the highest construction and sustainability standards (LEED certified), in addition to Internet of Things technology to guarantee an optimal operation of buildings.