Summary

Lebanon Property

The Beirut-based team has a regional Middle East mandate with a focus and strength in Lebanon which has now extended to Oman. The team focuses on development, development management and facilities management as its core activities, always operating at the prime end of the market.

We have  been active in Lebanon since 1999 and are best known for our landmark tower development on Beirut's waterfront, Marina Towers. Building on the success of this project our portfolio now consists of a number of high profile projects in prime locations in Beirut.  

Our highly qualified team brings together a range of disciplines, including architecture, financial and legal, and in addition to its real estate expertise, its local intelligence and relationships enable to execute transactions effectively challenging market.    

Solidere's Beirut Central District master-plan aims to create the finest city centre in the region. The project covers a total of 191 hectares and is one of the most ambitious regeneration and development projects in the Middle East, extending from the restoration of the historic centre through to the construction of a new waterfront district.

Stow is involved in three exciting landmark developments within the Solidere masterplan area. The first is Marina Towers, the largest and most prestigious residential project in Beirut. Completed in 2008, this 75,000 sq m tower development includes a mix of luxury  duplex, simplex and penthouse apartments.

2009 will see construction start on Stow Wadi a new luxury residential/retail development in the city centre, in the reinvigorated traditional neighbourhood of Wadi Abu Jmil.

Part of our vision to create an exceptional environment for Marina Towers is our third project, a joint venture with Solidere, to develop the land surrounding Beirut's Western Marina. Known as the Beirut Waterfront Development, this waterfront scheme  will include waterside restaurants, retail outlets and cafés, as well as a yacht club and  exclusive serviced residential apartments. Due for completion in 2012, Beirut Waterfront is one of the city's most prominent transformation projects, projected to turn the locality into a thriving leisure destination.

In addition to its activities in the Beirut Central District, Stow has acquired one of the few remaining undeveloped sites on the maritime coast south of Beirut. This is an opportunity to recreate the historic tourist gateway to Southern Beirut  with a residential and leisure development extending to 34,000 sq m including a marina.