Abu Dhabi-based real estate investment and development company Eagle Hills has ventured into the Ethiopian market with the launch of La Gare, the dynamic downtown of Addis Ababa boasting one of the largest mixed-use developments in Ethiopia and offering more than 4,000 residences.
The real estate developer organised a launch event in the renowned Addis Ababa La Gare train station, after which the project gets its name.
Situated in the city centre, La Gare’s anchors include four and five-star hotels supported by retail outlets, offices and residential buildings. The government of Ethiopia, in partnership with Eagle Hills, aims to develop a social housing component within the master plan, where residential units will be built to permanently accommodate the existing residents currently living in the project site.
“As one of Africa’s hidden gems, Ethiopia is rich in history, culture and natural beauty. Our vision is to bring attention to such locations across the globe, revealing the charm and potential within them and inviting future residents and tourists to consider making new homes for themselves there. In addition to creating a brand-new skyline and city centre, La Gare is set to contribute to the local market by creating jobs, further bolstering market sentiment and energising the economy,” says Mohamed Alabbar, chairman of Eagle Hills.
La Gare’s retail attractions are second to none, seamlessly fitting into a landscaped setting that brings a new lifestyle choice to Ethiopia. A vibrant modern retail and leisure destination in the heart of the city, La Gare’s retail district, set amid elegant plazas and open spaces, with focus on pedestrian-friendly walkways. With a wide range of indoor and outdoor food & beverage choices, the retail district also features modern formats that appeal to the new generation of customers. With seamless connectivity, it also offers ample organised parking for visitors.
Words by Katie Streten Experiential Strategy Director, VMLY&R COMMERCE Throughout the last year,June 13, 2021 | By Shruthi Nair
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