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Old February 7th, 2011, 02:54 AM   #1
musiccity
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Suburban Developments in Ethiopian Cities

This is a thread about Ethiopia's first planned suburb! Phase 1 is already complete and phase 2 is under construction.
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Old February 7th, 2011, 02:55 AM   #2
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Ayat Phase 2

At the completion of our current PHASE II development, AYAT Mender will have:

Grand Shopping Center
Fully-Equipped Modern Hospital
High Standard High School
High Standard University College
Sports and Entertainment Venues
Mortgage Backed
AYAT also plans to have a complete range of services for its well established community. It will provide access to Postal, Fire control and safety, security and such other essential services.





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Old February 7th, 2011, 03:01 AM   #3
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Ayat Phase 1 Pictures!









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Old February 7th, 2011, 03:05 AM   #4
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Phase 2 construction pics







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Old February 7th, 2011, 03:18 AM   #5
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Haha one of the mods changed the name lol, I like the new name better.
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Old February 7th, 2011, 05:42 AM   #6
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master plan

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Old February 7th, 2011, 08:52 AM   #7
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Great project. Too bad the owner is in the docks right now for tax evasion.
http://www.ethiopianreporter.com/eng...ews&Itemid=511
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Old February 7th, 2011, 02:29 PM   #8
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whaaaat? dang. oh well, worse case scenario, chinese companies will take over
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Old February 8th, 2011, 01:18 AM   #9
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I don't know if this includes ayat

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Old February 8th, 2011, 01:20 AM   #10
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It is, I recognize the roads, thanks for the picture!
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Old February 8th, 2011, 03:25 AM   #11
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Terrex,

The picture you posted shows CMC in the background and Summit area in the foreground (roundabout). Ayat would have been just to the right of the pictured area.

By the way, does anyone know if that roundabout is going to have an overpass?....
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Old February 8th, 2011, 04:19 AM   #12
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Im not sure, the website didnt have details on the road construction.
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Old February 8th, 2011, 04:02 PM   #13
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canceled
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Old February 8th, 2011, 04:10 PM   #14
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Quote:
Originally Posted by musiccity View Post
At the completion of our current PHASE II development, AYAT Mender will have:

Grand Shopping Center
Fully-Equipped Modern Hospital
High Standard High School
High Standard University College
Sports and Entertainment Venues
Mortgage Backed
AYAT also plans to have a complete range of services for its well established community. It will provide access to Postal, Fire control and safety, security and such other essential services.

The timing of this thread, it can't get any better... can it.

I am afraid Ayat is a dead case and most of what you have listed above have remained just a dream and there is no sign of them coming any time soon. I have a friend who has been caught-up by this dream and damped all his life saving on quit a few units of the shopping mall, and it is only 5 years overdue..oh yeh, no one knows if it is going to continue...even better, they are talking of refunding the exact Ethiopian birr he paid 6 years ago.(with 3% interest may be)...how about that?
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Old February 8th, 2011, 04:28 PM   #15
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That. sucks. First the Sheraton and now this
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Old February 8th, 2011, 04:32 PM   #16
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Why don't they try and sell the project instead? I'm sure there are investors that are willing to pick it up.
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Old February 8th, 2011, 04:55 PM   #17
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Quote:
Originally Posted by Yoniii View Post
Why don't they try and sell the project instead? I'm sure there are investors that are willing to pick it up.
Chinese investors maybe?
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Old February 8th, 2011, 05:11 PM   #18
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Quote:
Originally Posted by musiccity View Post
Chinese investors maybe?
Anyone, but it will most likely be local investors.
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Old February 8th, 2011, 05:20 PM   #19
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I'm thinking about making a suburban Addis picture thread, Ill keep the renders and construction pics here but move the first 5 pictures over there.
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Old February 8th, 2011, 05:53 PM   #20
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ehh nevermind on making that thread
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