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Tameer Plans $1B Amman Project

AMMAN-Tameer is to develop a $1-billion housing, retail and leisure development just south of Queen Alia International Airport.

By Anita Howarth | Updated on August 18, 2006

AMMAN-Tameer Properties has signed a memorandum of understanding to develop a $1-billion mixed-use development two kilometres to the south of the Queen Alia International Airport. The agreement, with Jordanian company General Corp. for Housing and Urban Development, envisages 17,000 housing units for medium- and limited-income people on land owned by the corporation.

Tameer vice chairman Khaled Dahleh indicates that the first phase would include all facilities and services, such as shopping centers, craftsman zones and entertainment facilities. “The residential units themselves are diversified to meet the tastes and financial capabilities of would-be owners,” he says. “They vary from 80-sm apartments to 250-sm semi-villas.”

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