Work in progress at Msheireb Downtown Doha development.
DOHA: Msheireb Properties, Qatar’s leading sustainable real estate developer, has awarded worth QR2.5bn construction contract to a consortium comprising Obayashi Corporation and HBK Contracting for Phase-3 of its flagship project, Msheireb Downtown Doha, a press statement said yesterday.
The construction for Phase-3 stage of the multi-billion dollar ambitious project is expected to start later this month.
“Awarding the construction contract for Phase-3 symbolises our commitment to the implementation of this project and is testament to the swift progress we are making in its construction,” said Abdulla Hassan Al Mehshadi, CEO at Msheireb Properties.
“Joining a local company with an international contractor in a joint venture like this helps Qatari companies to further enhance their skills and capabilities and encourages the transfer of knowledge and expertise,” Al Mehshadi added.
Kotaro Nonaka, Executive Officer of Obayashi Corporation, speaking on behalf of Obayashi-HBK joint venture said: “We are honoured to be appointed as contractors for this crucial part of the development and to be part of the Msheireb Downtown construction team. We look forward to working closely with Msheireb Properties and we thank them for giving us this exciting opportunity to be involved in the development of this world-class regeneration project.”
Phase-3 involves the construction of a built-up area of approximately 310,000sqm comprising 14 buildings that are up to 22 storeys in height as well as four basement levels offering 2,200 parking spaces.
In addition, it will comprise two office buildings, 350 residential units spread across 11 buildings, four swimming pools, one mosque, retail, hotel, hospitality and other community facilities. The 20,000sqm retail offering will comprise 84 units, a 187-key hotel will also be built on an area of 30,500sqm.
Described as the world’s first sustainable regeneration of a downtown area in a modern city, the project combines traditional local building practices and design influences with the latest technologies in energy efficiency and environmental management. The Project broke ground in early 2010 and its development will be completed in four phases, Phases 1A, 1B, 1C and Phase-2 have been already awarded with construction progressing as per schedule.
Sustainability is central to the Msheireb project, in term s of both the conservation of natural resources and the quality of its design. The entire project features sustainable design that consumes fewer resources, generates less waste, costs less to operate, and achieves a reduced carbon footprint.
The Peninsula
