Cascada village, extending over 200,000 square meters of built-up area with an investment of around $200M, announced the starting of the construction phase of its 4,800 square meter medical center, Cascada Medical Center, which is expected to open in the next 2 years.
The medical center will consist of 2,000 clinics, laboratories, x-ray facilities, and 1-day surgery rooms.
The investment in the medical center is $5M, and it is expected to generate more than 400 jobs. The contractor of this project is C2 Company.
Physicians from Saint Joseph University and the American University of Beirut Medical Center will tailor the services to be provided.
The Cascada Village project is owned by Nabil Gebrael, Roger Aboud, and Maurice Torbey. The village includes a wedding and events venue, a man-made lake “Oasis”, a sports park and an amphitheater. In addition, a mall and a hotel are being constructed.
Segments of Cascada Village
Segment | Characteristic | Status |
Cascada Mall | 150,000 sqm Regional Mall | Expected to open in Apr-2016 |
Arcadia Wedding & Events | Weddings and Events indoor and outdoor venue | Completed in 2014 |
Rush Extreme Sports Park | 14,000 sqm outdoor park | Opened on the 4th of July 2015 |
Cascada Medical Center | Homogenous and integrated family-oriented medical service center | Under construction |
Cascada Hotel | 200-room hotel | Final design |
Cascada Amphiteatre | Open-air Roman style theatre | Completed |
Oasis | 10,000 sqm man-made lake | Completed, Restaurants under construction |
Source: Company Website