Qatari Diar announced the completion and leasing of The JACX project in Long Island - New York – USA, implemented in partnership with fellow developer Tishman Speyer, in the presence of Chairman of Qatari Diar H. E. Sheikh Khalid bin Khalifa Al Thani and CEO of Qatari Diar Eng. Abdullah bin Hamad Al-Attiyah, a number of dignitaries, investors and representatives of the relevant authorities.
The JACX, is a 1.2 million square feet creative office development featuring two 26-storey office towers, a one-acre podium elevated five-stories above street level that is landscaped to represent a tranquil City Park, and 50,000 square feet of retail space for commercial use.
H. E. Sheikh Khalid bin Khalifa Al Thani,Chairman of Qatari Diar, said: “We are pleased to launch The JACX, and to add the project to our growing US portfolio alongside our projects in the US. The building now joins some of the most celebrated and iconic landmarks to grace the New York skyline.”
Eng. Abdullah bin Hamad Al-Attiyah, CEO of Qatari Diar, said: “All offered spaces have been fully leased to a number of prestigious international institutions, which makes a fundamental difference in the economic environment of Long Island, where the economic benefit of the area is estimated at $254.5mn and creates 3,380 news jobs.”
