Jibek Joli Lifestyle & Shopping Complex is located at the intersection of Jibek Joly and Prospekt Mira streets in Almaty. The site is adjacent to the Arbat district. Arbat is the entertainment and shopping district of Almaty accommodating retail shops, restaurants and entertainment activities and a lot of foot traffic.

FTG Development will develop a Jibek Joli Lifestyle & Shopping Complex project that will accommodate a shopping mall, residences and three levels of parking garage. The total land area is 9,715m2. Currently there are the offices of Jibek Joli on the site. The proposed development consists of 34,628 m2 residential, 25,107 m2 retail and 30,000 m2 parking garage construction with 89,735 m2 total construction area.

There will be 1-bedroom, 2-bedroom and 3-bedroom residential units. Residential amenities include fitness center and a roof garden. The target market for the residences is upper class elite Kazakh families and businessmen. The construction is expected to start in October 2007.

The project architect is the world famous architecture firm Costas Kondylis and Partners from New York, USA.

Costas Kondylis and Partners, LLP is widely recognized as a leader in the design of complex, large-scale residential projects for private developers and international corporations, with more than 75 major high-rise residential towers, mid-rise apartment buildings, hotels, dormitories and mixed-use residential projects. Costas Kondylis and Partners has unparalleled expertise in the design and technical development of residential projects and related building types.

In his 30-year career as an architect, Costas Kondylis has done more to shape the city shape of New York City than any other architect of his generation. Mr. Kondylis formed Costas Kondylis and Partners in 1989 to provide residential developers with the comprehensive urban planning architecture and interior design services needed to create projects that are both successful as business ventures and as works of architecture.