We have looked and consulted on the strategic location of this project and found that the location of the Everest Hotel, that is, the distinctive view as it is an interface to the capital Amman from the airport road and from the southern and western side of the capital Amman and the elevated view that gives a distinctive character and based on the initial perception and preliminary studies shows engineering and economic proposal for the TOWER JORDAN project.
Components of the project:
The project consists of a mall, commercial markets, corporate offices, clinics, a five-star hotel and garages. Accordingly, studies are carried out according to the following steps:
- Studying the spaces, entrances and exits of the garages, so that the garages were separated each of the four sections of the project is completely separated in terms of entrances and exits.
- The structural structure of the project was studied from an economic point of view, and it was reached to deal with the concrete materials in the project and the external cladding, and to move away from traditional materials such as stone and its consequences of construction work in order to alleviate economically and speed up the construction work.
- The project has been studied in terms of natural ventilation and natural lighting and to get out of the obstacles that we might encounter in distributing the spaces closest to the middle of the tower. Ventilation and natural lighting were as much as possible for this project.
- Distribution of green areas on all project surfaces in a way that is in harmony with the special green nature of the hotel, offices, clinics and companies.
- Dealing with the lighting on the facades in a streamlined manner. The project progresses in Abha as a night suit, which helps to give a distinctive aesthetic character as it is distinguished during the day. In general, the project was studied to be an icon, as the area is poor from such a distinctive and quality project as it is qualified as an infrastructure and streets So that it is rich in such distinctive projects.
The project consists of eight basements and twenty-two upper floors. The project, according to preliminary studies, consists of the following parts:
First: Six floors of basements have been allocated over the entire area of the plot of a car park with full services, whose capacity is expected to exceed 2000, and the garages work is separate according to the effectiveness so that the entrances to the garages and the main entrance to the hotel are completely separate from the main street or with the provision of four elevators for vertical movement.
The entrances to the mall for garages and pedestrians are also completely separate in the mall from the main streets, and electric drawers and four elevators are also provided for the vertical movement of the mall, as well as the entrances to offices, clinics and companies are completely separate from the back street, private entrances and four elevators are also provided for vertical movement in companies, clinics and offices. Exits will be provided. Escape for all project activities according to the code for civil defense and follow the fire specifications from the alarm and firefighting system according to the requirements of civil defense and public safety, and the six floors of basements are:
Area Floor area Occupied floor area
6 8000 48000
B3/B4/B5/B6/B7/B8
Second: Market and attached shops homogeneous with the mall hypermarket
Area Floor area Occupied floor area
3 8000 24000
B1/B2/GF
On the ground floor, the hotel entrance is completely isolated and covers an area of 500 square meters. Thus, the occupied area of the hypermarket and the shops attached to the mall is estimated at 23,500 square meters.
Third: the commercial market, banks and various shops
It occupies the first, second, third and fourth floors and is distributed peripherally on the center of the circular tower with all its services, corridors and annexes
Area Floor area Occupied floor area
4 5000 20000
F1/F2/F3/F4
With a total of 2000 square meters on each floor, 500 will be deducted from the four floors.
Thus, the total occupied area of the commercial market is 18,000 square meters, including services and corridors.
Fourth: Offices, companies and clinics with various specializations occupy floors from the fifth to the twelfth floor:
Area Floor area Occupied floor area
8 5000 40000
F5/F6/F7/F8/F9/F10/F11/F12
At 4,000 square meters per floor of the hotel, 500 square meters are deducted from the eight floors mentioned, and thus the occupied area of the office element is 36,000 square meters, including its services, corridors, annexes, companies and clinics.
Fifth: The hotel and its annexes and services of restaurants and wedding halls mainly occupy floors from the thirteenth to the twenty-second floor.
Area Floor area Occupied floor area
5 5000 55000
F13/F14/F15/F16/F17/F18/F19/F20/F21/F22
In addition, 6000 square meters are added, and thus the occupied area of the hotel is 55,000 square meters of architectural space for each floor of the basement floors of the land up to the eleventh floor, and thus the total of the hotel and its annexes is 61,000 square meters.
The projected total area of the tower is as follows:
64,000 square meters = 8 * 8000 basements
8000 square meters = 1 * 8000 ground
110000 square meters = 22 * 5000 from floors 1 to 22
One hundred and eighty two thousand square meters 182,000 total area expected for the project
The space is divided by elements:
- Forty-eight thousand 48000 square meters: car parks, services and accessories.
- Twenty-three thousand five hundred 23,500 square meters: hypermarkets, shops and their accessories.
- Eighteen thousand 18,000 square meters: commercial markets and banks
- Thirty-six thousand 36000 square meters: offices, clinics and companies of various specializations.
- Sixty-one thousand 61,000 square meters: the hotel and its annexes and services.
Summary of the preliminary feasibility study:
The cost of building the project and the price of the land: All construction costs and fees after the initial study show that the total cost ranges from 140 to 150 million dollars without calculating the value of the land. There is a study detailing the cost of the project in detail and clearly, and the price of the land is added to the cost.
The total expected annual investment return divided by the expected cost: taking into account that this preliminary economic feasibility study will increase in accuracy as the engineering work develops and the modifications that may occur to it, hoping that our preliminary study of economic feasibility will be close to the required accuracy based on the initial estimated costs. As mentioned previously, we can estimate the economic feasibility of the investment as follows:
- Garages are services that are covered by investment from their returns with a daily income
Dollars per car at a rate of 2000
2000 dollars * 1 dollar a total of 2000
Sixty thousand dollars 60,000 per month, a total of 30 * 2000 Monthly
720,000 total annually * 12 month $ 60,000 dollar
Seven hundred and twenty thousand dollars in revenue from garages
- Hypermarkets, attached shops, banks, and the entire mall 200 square meters with 44000 Dollar an annual income per square meter area of use.
Leased area Rental price per square meter grand total
$8,800,000 200 square meters $44000
- Companies, offices, clinics, the entire benefited area is 32,000 square meters,
$150 annual income per meter including
Leased area Rental price per square meter grand total
$4,800,000 150 square meters $32000
- 5-star tourist hotel
The leased space includes the hotel, restaurants, wedding halls, conferences and other tourist services
Leased area Rental price per square meter grand total
$28,000,000 500 square meters $56000
132,000 square meters, in addition to the total annual leased areas of 48,000 square meters, so that the total area is 182,000 garages, one eighty-two thousand square meters.
Total annual return of the project:
- Garages: seven hundred and twenty thousand dollars annually 720,000
- Hypermarkets and stores: eight million and eight hundred thousand dollars annually 8,800,000
- Companies, offices and clinics: four million eight hundred thousand dollars 4,800,000
- Tourist hotel: twenty-eight million dollars 28,000,000.
Total annual returns: forty-two million three twenty-three thousand dollars, annual returns approximately 42,320,000. Here we have estimated the risk ratios from 15% to 20%, and it can reach 30% annually.
Annual returns Deduct from it Risk Rate Almost the end result
= 12,690,000 – 42,320,000
29,620,000
This is a rough study of the project.
