Jericho Gate is a residential and tourism project which will be the first of its kind in Palestine and will include tourist and entertainment facilities.
Jericho Gate is strategically located in the Jordan Valley at the crossroads of Amman, the West Bank and Jerusalem. It is around:
50 km from Amman
25 km from Jerusalem
8 km from the Dead Sea
8 km from the site of Baptism in the Jordan Valley
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THE PROJECT:
Jericho Gate will serve as a second-home community for Palestinian families, in addition to serving as an exquisite destination for vacationing travelers through presenting an active lifestyle with a blend of entertainment amenities.
PROJECT DETAILS:
Site Area: 3m m2
Built up Area: 3.5m m2
Total investment: $2.5 - $3 Billion
MAIN COMPONENTS:
1,500 units of premium villas
4 to 7 Hotels
Interactive museum
Retail area
Aqua-park and entertainment facilities
CURRENT DEVELOPMENT
- Infrastructure and road construction began in early 2014. This included excavation work for the main plaza of the project.
- By the second half of 2014, construction of the commercial area will commence.
- Construction work of the Aqua-park will also commence by the second half of 2014
THE DEVELOPERS OF JERICHO GATE
Jericho Gate is led by Palestine’s pioneers in real estate development and tourism: PADICO Holding and PRICO, together with PALTEL. For more than 2 decades, these trusted names built the Palestinian economy through strategic investments in key sectors guided by a far-reaching vision for growth and sustainability. PADICO, PRICO and PALTEL are dedicated to enhancing quality of life in Palestine through job creation and expansion of the economic infrastructure. With these achievements, they continue to build shareholder value and an unmatched reputation for excellence in corporate governance and social responsibility.
https://www.facebook.com/JerichoGatePalestine/
http://www.jerichogate.com