Hotels & Overseas
Medina Towers, Tripoli
Location: Tripoli Libya
Architects: Sidell Gibson Camilleri
Mediterranean investments holding (MIH), in which the Corinthia Group has a 50% stake, has signed an agreement with the Economic Development Real Estate Company of Libya for the development of a 40-storey tower on the Tripoli seafront in Libya. Medina Tower, will be constructed on 12,500 square metres of land adjacent to other high-rise developments.
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The project will comprise 180,000 square metres of floor space spread over 40 floors above ground level and four levels of underground parking. Medina Tower will feature 336 apartments for sale, 26,000 square metres of office space for rent, 22,000 square metres of commercial, conference and food and beverage facilities, and 24,000 square metres of underground parking that will cater for up to 850 car parking spaces. Concurrent to registering the new company in Libya that will own and develop the project; discussions are proceeding with contractors for the construction of the foundations that should commence in the coming weeks.
