One of the main streets of The Boulevard project.
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Bahaa Hariri – founder and chairman of the Horizon Group, a property development and investment group operating in Jordan, Saudi Arabia and Lebanon – fresh from opening a mega project in Amman, insists on betting against all security and economic challenges prevailing in Lebanon by pledging to continue his investments in the country.Hariri's remarks came after the official opening of The Boulevard, a $423 million project located at the heart of Abdali, Amman's new downtown district.Munther Haddadin, chairman of Abdali Boulevard Company, vice chairman of Abdali Investment and Development PSC, was also upbeat about the project.The Abdali project, itself estimated to be worth over $5 billion, is the largest mixed-use development project ever constructed in the heart of the Jordanian capital.The overall Abdali project is divided into two phases.It comprises buildings that are an average 30-meters high, in addition to retail space of 22,000 square meters, leasable rooftop areas and terraces of 18,000 square meters, 120 retail outlets, 400 luxurious serviced apartments, 30,000 square meters of offices and 1,700 underground parking spaces. Asked about the possibility of having empty spaces in Abdali similar to what happened with Solidere following past security and political disturbances, Taher Jaghbir, CEO of The Boulevard, said that the security stability prevailing in Jordan would turn Abdali into a successful project.
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