Press Release – Muscat, Oman, 11 June 2019
Muscat, Oman: WATER-FRONT, an S&T Real Estate mixed-used iconic development in Muscat, Oman, has been awarded the LEED Gold certification from the U.S. Green Building Council.
The LEED (Leadership in Energy and Environmental Design) rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for recognising best-in-class building strategies and practices in green building. WATER-FRONT achieved LEED Gold certification for the Core and Shell Development with a commendable rating of 74 points.
Waqas Al Adawi, Vice Chairman of S&T Group said, “We are honoured to receive the LEED Gold certification for the WATER-FRONT project and we really appreciate that the U.S. Green Building Council has recognised our efforts in environmental protection, energy-efficiency and sustainability. This is a testament of our commitment to creating a sustainable environment and implementing green practices.”
Mahesh Ramanujam, President and CEO, USGBC, said “LEED certification identifies WATER-FRONT as a showcase example of sustainability and demonstrates leadership in transforming the building industry.”
The LEED Core and Shell rating system is designed to meet the needs of commercial property development projects.This rating system addresses the sustainability of base building elements including the site selection, mechanical and electrical systems, plumbing, fire protection, and building envelope.
The core LEED certification features of WATER-FRONT include construction activity pollution prevention plan, construction waste management, recycled material use, use of regional materials, certified wood-design and procurement.
Other sustainable features incorporated are water-efficient indoor flush and flow fixtures, elimination of CFC(s), energy efficient and eco-friendly equipment, improved façade/envelope design, energy efficient light, daylight control and occupancy sensors, demand controlled ventilation system.
Offering over 25,000 square meters of leasing space for commercial, business, retail and F&B outlets, the WATER-FRONT is a mixed-use development located in the heart of the diplomatic district of Muscat. It brings together five storey of commercial, leisure and entertainment avenues to Oman, with a stunning landscape and ocean front. It is an opportunity for international brands that are keen to have presence in this iconic development, particularly for businesses looking to take advantage of the location and premium sustainable construction design.
Working in partnership with Muscat Municipality, WATER-FRONT offers state-of-the-art public spaces that meet the city’s standards for public realm design. It connects the building and external seating areas to tree-lined walkways, landscaped squares and popular public beaches. It is created as a sustainable community gathering space.
Water-Front is S&T Real Estate’s property investment located in the heart of the diplomatic district of Muscat. The thriving hub for Muscat’s diplomatic and business activity along with the stunning seashore location makes Water-Front the distinction of choice in Muscat for business and pleasure. The mixed-use development offers over 25,000 square meters of leasing space for commercial, business, retail and F&B outlets, and is expected to bring reputed international operators who will enter the Oman market for the first time. Developed over five storey with three basement levels of integrated car parking, Water-Front is the only leisure destination of its kind in Oman with external eating areas, walkways and promenades, and a new seafront with access to the beach.
About S&T Investment Holding:
S&T Investment Holding is one of the leading diversified business conglomerates, headquartered in Oman, with operations in 15 countries including Europe, Middle East, Asia, Africa and the Americas. Founded in 1977 in Oman, the Group’s success has been on the basis of sustainable growth and diversification. Over the last four decades, S&T has diversified into several businesses over and above its core activities of Interiors & Contracting into Real Estate, Mining, Information Technology, Healthcare, Trading, Oil and Gas, FMCG, and Procurement for Hospitality industry along with other non-operating investments. With a well-earned reputation for excellence, innovation and quality, S&T has successfully grown its worldwide customer base and employs a multicultural and ethnically diverse staff of over 6000 people. Website: http://www.stholdings.net
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