The Crescent Development Project is destined to become an iconic landmark in the city of Baku. The project site, located in the harbor area of Baku, has been conceived as a symbolic gateway from Baku to the Caspian Sea. The Client’s grand vision is to provide Baku with iconic landmarks that will establish the city as a world-class destination.
The Crescent Development Project consists of a mixed-use development, namely Luxury Hotel, Luxury Apartments and Retail Centre comprising a GLA 650,000 Square Feet.
The development includes a 33-storey, seven star hotel, residential and commercial towers plus a retail podium, built on an island in the Caspian Sea. The completion date is set for late 2016.
Gilan Holdings is a conglomerate with activities in construction, factories, tourism, hotels and education, based out of Baku, Azerbaijan.
Construction Management, cost and project management was appointed to "AECOM", total cost of the development is 1.9 Billion dollars.
GLA:650,000 sqft
Valued: $1.9 Billion
Opening Date: 2016
Client: Gilan Holdings
Scope of work: Retail Planning Consultancy Services