{"id":1004068224,"date":"2013-03-06T07:01:16","date_gmt":"2013-03-06T15:01:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004068224"},"modified":"2022-12-08T13:58:06","modified_gmt":"2022-12-08T21:58:06","slug":"460m-beirut-terraces-possible-first-lebanese-global-award-winner","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/460m-beirut-terraces-possible-first-lebanese-global-award-winner\/","title":{"rendered":"MIPIM Special Report: $460M Beirut Terraces Possible First Lebanese Global Award Winner"},"content":{"rendered":"<p><em>By Eliza Theiss, Associate Editor<\/em><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004068226\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/460m-beirut-terraces-possible-first-lebanese-global-award-winner\/beirut-terraces2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg\" data-orig-size=\"560,560\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"beirut terraces2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg?w=560\" class=\"alignleft size-medium wp-image-1004068226\" title=\"beirut terraces2\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg\" alt=\"\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg 560w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg?resize=150,150 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2013\/03\/beirut-terraces2.jpg?resize=300,300 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>With MIPIM 2013 (international real estate show for professionals) just around the corner, nominees of the nine categories of the MIPIM Awards are abuzz with anticipation. Among the nominees is Beirut Terraces, Benchmark\u2019s 130-unit luxury residential project, currently under construction in Mina El Hosn, the Lebanese capital\u2019s central district and most high-end residential area.<\/p>\n<p>If successful, the \u201cBest Futura Project\u201d-nominated property will be the first global award winner from Lebanon. Other projects nominated in the category include Culture Casbah in Malmo, Sweden, Nanjing River West CBD in Nanjing China and The Square <sup>3<\/sup> in Berlin, Germany.<\/p>\n<p>Designed by Swiss architects Herzog &amp; de Meuron, Benchmark Development SAL\u2019s $460 million project is inspired by Beirut\u2019s rich history and optimism towards its future as well by consideration of the moderate climate which makes outdoor living a fundamental part of the city\u2019s urban culture. The 390-foot high Beirut Terraces is the first vertical village project complete with extended hanging gardens and extended terraces to rise in the Lebanese capital. Its architecture is defined by five principles: layers and terraces, inside and outside, vegetation, views and privacy, light and identity. These principles permeate the entire structure, reflecting in each aspect and area of it: by mixing two-, three and four-bedroom units in different formations on each floor combined with randomly distributed hanging gardens on each floor plate ensure diversity between units. The gardens and terraces however are significant beyond their aesthetics \u2013 they help create microclimates around individual units, by tempering the immediate environment and offering shade. Furthermore, the use of vegetated screens is an integral part of ensuring privacy and framing views \u2013 views of the city, marina, coastline and mountains, unobstructed by the apartments\u2019 floor-to-ceiling windows.<\/p>\n<p>Residences generally feature\u00a0a public reception area complete with private lobby and dining area, a private living space including bedrooms with en-suite bathrooms and walk-n closets, as well as a family living room, while the service area features high end kitchens with stainless steel, granite or high end resin finishes with storage and laundry room attached, as well as a maid\u2019s quarter with bathroom. Furthermore, the structure is carried by the core \u2013 apartment walls are not structural, allowing for future reimagining of unit layouts.<\/p>\n<p>Community amenities are located on the ground floor and include a reflective pool, resident\u2019s fitness center, outdoor swimming pool, spa complete with sauna, steam and massage rooms, a private function terrace on the first floor and concierge services.<\/p>\n<p>The property\u2019s residential component will occupy 25 stories of the 26 levels located above ground. One story will contain street-level retail space, with a separate entrance. Beirut Terraces will also feature a five-story underground complex, containing separate parking areas for residents and visitors, drivers\u2019 quarters and storage rooms.<\/p>\n<p>As a project that is inspired by the past but also looks towards the future, Beirut Terraces will hold to environmentally friendly standards by featuring a sustainable heat loop system and water recycling scheme, environmental control system,. Energy efficient floor heating and air conditioning, solar water heating system, energy efficient LED and low consumption lights, as well as passive energy efficiency measure such as the use of the hanging gardens for cooling, as well the implementation of protruding floor slabs that reduce solar gain, and, by their specific thickness, balance out daily temperature cycles, storing the night\u2019s cold and releasing it throughout the day.<\/p>\n<p>Beirut Terraces broke ground in mid-2012 and is expected to complete by the end of 2015. MAN Enterprise is the main contractor on the project, while Swiss architectural firm Herzog &amp; de Meuron, a 2001 Pritzker Award winner and the project\u2019s design architect is making Beirut Terraces their first foray into the Middle Eastern residential market. Arup, of the Sydney Opera House and the 2008 Beijing Olympics fame is the selected engineering consultant, while Khatib &amp; Alami, a multidisciplinary architectural and engineering consulting company serves as executive architect to the project. Others involved with Beirut Terraces include landscape architect Vladimir Djurovic, interior designer Vincent Van Duysen of Vincent Van Duysen Architects, environmental consultant G, fa\u00e7ade consultant PP Engineering, cost consultant Davis Langdon Lebanon, a subsidiary of \u00a0Davis Langdon &amp; Everest, technical controller SOCOTEC Liban and traffic planner SETS.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With MIPIM 2013 just around the corner, nominees of the nine categories of the MIPIM Awards are abuzz with anticipation. <\/p>\n","protected":false},"author":952,"featured_media":1004068226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,16,21742],"tags":[],"class_list":["post-1004068224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-international","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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