Wednesday, January 25, 2017

Omani firm to build hitech student housing complex

Strategic Housing Group, a fully integrated real estate project development, management, financial and marketing consulting firm, has partnered with Oman-based Sandan Development to set up a first-of-its-kind off-campus student housing complex in capital Muscat, said a report.

It is the Middle East, Asia and Africa partner of Asset Campus International, the largest student-housing firm in the US.

The $110-million complex, called the Myriad Muscat, will be located close to the Sultan Qaboos University and other highly reputed educational institutions, reported the Times of Oman.

The Italian architectural firm Mandressi has been roped in to design the buildings, which will have the capacity to host approximately 2,600 residents, said the report.

A total of 1,550 bedrooms have been carefully designed with comfortable furnishings, including study desks, smart storage and other facilities. The rooms, including single or multiple occupancy ones, will have a variety of configurations to suit all requirements.

Work on the project starts this year and will be ready for occupation by September 2019, according to the report.

In addition to a supermarket and other retail stores, it will include a full-fledged fitness club, a food court and coffee shops. The complex will have two levels of basement parking for both residents and visitors, it added.

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