Project Code: 0067Dimension & More's Role in Addressing a Small Part of Tehran’s Long-Term Demand for Office Buildings
Partially constructed (skeleton) building with commercial permit
Market launch
Project definition

Dimension & More’s motivation for defining such building-products goes beyond merely advising stakeholders toward sound decisions. It also lies in recognizing the unique locational potential of certain projects and seizing opportunities to trigger influential development trends. Thanks to its particular location, this project had the potential to act as a permanent, inspiring billboard—positioned right where it could shape the mindset of developers with the intention of building similar spaces. It was poised to inspire business owners to seek better environments for work-life integration and serve as a model for creating building-products aligned with users’ evolving needs.

Facts and Figures
Location
District 2 Tehran
Project Land Area (m²)
3,000
Total Built-up Area (m²)
50,000
Number of Floors
16
Initial Value (M $)
54
Opportunities Ahead
  • Highly professional and reputable ownership
  • Exceptional site access on all four sides
  • Proximity to Chamran Expressway – the most diplomatic artery of Tehran
  • 750% buildable floor area ratio – rare for lots of similar size within the city
  • Severe shortage of high-quality, well-accessible office spaces that support functional work-life in the city
Key Challenges
  • The need to convert part of the project to office use due to: 1. Market demand shifts and redirection of investment flows from retail to residential (driven by over-issuance of commercial permits under the 12th government, international sanctions, and a public shift toward digital purchasing), 2. Profitability implications of land use, 3. Parking limitations in the existing structure
  • Existing skeleton constructed for commercial use
  • Developer preference for residential projects due to guaranteed sales and profitability
Approach Taken
1.

Raising awareness of the demand for office building-products

2.

Providing accurate projections of acceptable return on investment

3.

Emphasizing the time factor as a key variable in determining ROI

Outcomes
  • Enabling the creation of a high-quality office building for the city—serving as a model for other developers and benefiting future generations through a more beautiful and sustainable urban environment
  • Unlocking the potential for a high-performance development—not just in terms of accessibility and physical features, but in delivering a unique, open and joyful experience for its users that promotes a more balanced and cohesive community