Barwa Commercial Avenue ‘65pc complete’
Doha, May 24, 2011
Barwa Commercial Avenue, a QR7.1 billion ($1.95 billion) project in Doha, is currently 65 per cent complete, said the company’s chairman.
Hitmi bin Ali Al-Hitmi, Barwa chairman, accompanied by Abdulla Abdulaziz Al Subaie, Barwa Group CEO and the new board of directors visited Barwa Commercial Avenue project recently.
Set to be completed in the second quarter of 2012, the 8-kilometer long mixed use development close to Qatar’s industrial area that will offer 547 retail spaces and 460 residential units and offices with a total built up area of one million sq m.
Spacious public areas will have food courts, groceries, pharmacies, restaurants, shopping malls, and other amenities.
“It is important to make regular visits to our developments to make sure everything is on track and within timeline and get updates on our projects’ progress. This is a signature project of which we are particularly proud with its contemporary design features, providing a new hub for young enterprise in Qatar,” said Al-Hitmi.
Another Barwa project recently visited by the board recently is due to be completed on June 18, ahead of schedule.
Barwa Al Sadd is a substantial top end commercial and residential complex covering an area of 27,654 sq m, being developed on Suheim Bin Hamad Street (C Ring Road) in Doha.
The project consists of three office towers, two of 21 floors and the other of 18, and a five star hotel with 238 rooms and suites. All of these surround a four-level podium, two floors of which are dedicated to retail shops and the remainder being for office space.
Barwa City is now 78 per cent completed, built on a sprawling 2.7 million sq m plot in Mesaimeer and being developed in two phases. The first phase, which includes the construction of 128 residential buildings, is expected to be entirely completed by the end of 2011.
The second phase will include major additional projects including further schools, a 250-bed hospital, kindergartens, residential and commercial complexes, and a hotel. – TradeArabia News Service