Embassy Taurus TechZone launched Keystone, its new 62,500 sq. ft prefabricated incubation facility in Trivandrum. The 800-seat incubation facility is designed to assist businesses with beginning work and getting up to speed, prior to their office spaces becoming operational.
The first of its kind IT/ITES office facility in Kerala, Keystone is also the first functional office space building in Embassy Taurus TechZone, the 2 million sq. ft world-class SEZ office space, being jointly developed by Taurus Investment Holdings India and the Embassy Group in Taurus Downtown Trivandrum.
The facility was inaugurated by the Chief Minister Shri. Pinarayi Vijayan in the presence of Shri. Shashi Tharoor MP, Minister for Tourism, Co-operation and Devaswoms Shri Kadakampally Surendran, Honourable Mayor Ms Arya Rajendran, Attipra Ward Councillor Smt. A Sreedevi, IT Secretary Shri Mohammed Safirulla IAS, Technopark CEO Shri Sasi P Meethal, Taurus India MD Shri Ajay Prasad and Embassy Group COO Shri Aditya Virwani.
On delivering the welcome address at the launch, Taurus Investment Holdings India MD Ajay Prasad said “Taurus and Embassy are pleased to launch the operations of Keystone, a first-of-its-kind, office incubation concept that provided transit office space for the tenants who will be occupying space in the 1.5 Million square foot Niagara office building. We are equally thrilled to relaunch the construction work of Niagara. This world-class building will open its doors to over 10,000 technology professionals next year. This marks the beginning of a phased restart of work across the 4 million square foot first phase of the Taurus Downtown Trivandrum project. It will act as the nucleus of Technopark and a new city center for Trivandrum and help to power the growth of Trivandrum as we recover from the effects of the pandemic.”
With 800 seats spread across two floors, the incubation facility has centrally air-conditioned plug and play office spaces. The spaces are equipped with meeting rooms, conference rooms, a cafeteria, Fire Alarm and Fire Protection systems, 100% power backup and Building Management System for efficient operations. A majority of the facility will be occupied by companies that have signed up for leased space in Embassy Taurus TechZone (ETTZ), which is currently under construction.
The Downtown Trivandrum project consists of Embassy Taurus TechZone (ETTZ) – a 20 Lac sq. ft of Special Economic Zone (SEZ) IT/ITES office space, 3.8 Lac sq. ft of Non-Special Economic Zone (Non-SEZ) IT/ITES office building, Taurus Zentrum – the 7 Lac sq. ft retail and entertainment centre, a 120 key business class hotel and Asset Taurus Identity – a serviced residential complex of 301 units. Globally known co-working service provider WeWork will be setting up a facility at ETTZ and Mexico-based Cineplex would set up Kerala’s largest 15-screen multiplex in Taurus Zentrum, which includes Kerala’s first IMAX screen. The project on completion is expected to generate over 30,000 direct jobs.