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Otis Elevators Selected for Beirut Terraces

2016-05-31 13:03 ET - News Release

BEIRUT, Lebanon, May 31, 2016 /PRNewswire/ -- Otis elevators have been selected for Beirut Terraces, a unique building that integrates interior spaces with extended terraces set in a full-height glass envelop in Beirut, Lebanon. Otis, which operates in Lebanon through its distributor Otis Elevator Company s.a.l., plans to install a total of 10 elevators in Beirut Terraces including eight custom-designed elevators, one panoramic Gen2® elevator and one service elevator. Otis is a unit of United Technologies Corp. (NYSE: UTX), a leading provider to the aerospace and building systems industries worldwide.

Beirut Terraces is set to shape the city's future by reviving the indoor-outdoor living experience through the introduction of the first vertical village concept. "We are proud to have been selected as the brand of choice for this iconic and exciting residential project," said Gabriel Abdeni, president, Otis Elevator Company s.a.l. "Every day, Otis products move millions of people safely and efficiently, and we're pleased to have our products in this unique development."

The elevators chosen for Beirut Terraces will travel at speeds of up to 4 meters per second with 33 stops, and have been custom designed with reflective surfaces. One panoramic Gen2 elevator will also serve the building with a system that uses patented Otis technologies, including composite steel flat belts that replace traditional elevator cables to improve efficiency and ride comfort. The Gen2 elevator's compact gearless machine requires minimal machine room space, allowing for rapid installation. An innovative ReGen™ regenerative drive captures energy created by the elevator, feeding the energy back into a building's electrical grid. This makes the Gen2 elevator up to 75 percent more energy efficient than conventional systems with non-regenerative drives.

Developed by Benchmark and designed by Swiss architects Herzog and de Meuron, Beirut Terraces is a unique residential tower, located in Beirut Central District overlooking the waterfront district; the most high-end residential area in Lebanon. The building concept, structure, and appearance are conceived by both awareness and respect for the city, as well as self-confident optimism that it shares with contemporary Beirut.

For more information, visit www.otis.com or follow Otis on Twitter @OtisElevatorCo.

About Otis
Otis is the world's largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways. Founded more than 160 years ago by the inventor of the safety elevator, Otis offers products and services through its companies in more than 200 countries and territories, and maintains approximately 2 million elevators and escalators worldwide. Otis is a unit of United Technologies Corp., a leading provider to the aerospace and building systems industries worldwide. For more information, visit www.otis.com or follow @OtisElevatorCo on Twitter.

About Benchmark
Headquartered in Beirut, Benchmark is a key player in the development, management and investment of the Middle East real estate market. With a growing portfolio exceeding $3 billion USD, the company's developments include the globally acclaimed design and award-winning landmark, Beirut Terraces. Located in Beirut Central District, the most high-end residential area in Lebanon, Beirut Terraces is overlooking the waterfront, nested between prestigious neighborhoods, and earmarking the city's skyline. Its architecture and scale have impacted the design world and has sparked a trend for new living. Its location represents a unique investment opportunity in a prime destination for business, tourism, dining, shopping and high-end living. For more info, visit www.benchmark.com.lb or www.beirutterraces.com.

Contact:
Katy Padgett
860-674-3047
Kathleen.Padgett@utc.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/otis-elevators-selected-for-beirut-terraces-300277005.html

SOURCE Otis

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