VENTURE GROUP LAUNCHES FIFTH CLUSTER IN LEBANON

The fifth cluster by Venture Group will be an all-year-round destination in Beit Mery, which is slated to open within 18 months, Rabih

Saba, managing partner at the company, revealed to HN. The name of the development has yet to be announced. Built on a 5,000 square-meter plot of land, the project will feature 14 premium F&B concepts, an anchor concept, the gourmet version of Le Charcutier chain of supermarkets, together with the biggest climbing wall in Lebanon. It is expected to create 500 direct job opportunities. The development will stretch along a 200-meter facade on the main road, which will give tenants considerable exposure. The total investment in the project is USD 12 million, while the tenants will deploy another USD 8 million in fit-out investment. Four other cluster projects are in the pipeline, Saba added. venturemea.com