Barwa Real Estate CEO Yousef bin Rashid Al Khatar expressed his pleasure over the progress in the implementation of the Commercial Avenue and Barwa city’s projects. He inspected the projects yesterday.
He said that Barwa’s board is closely monitoring the project progress, adding that the visit came in the context of this approach. There will be no default or a delay in the projects implementation in light of the full support that Barwa provides to the team in charge, he said.
Commercial Avenue’s Project Manager Engineer Adel Bakdesh stressed the magnitude of this project, which he described as “the first of its kind in Qatar”, adding that the project is expected to be accomplished by 2011. The total project costs QR7.1bn, and 70 percent of the project contractors are national companies.
Barwa Commercial Avenue is an 8km development of road as well as a mixed development of buildings between the Mesaimeer Roundabout and the Industrial Area. The development will have commercial complexes, showrooms and homes.
Barwa will offer about 600 retail spaces and about 850 residential units and offices. The construction is being carried out by using five ultra modern designs. The Barwa City project’s work started in 2007 and it will be completed in 2010, project manager Eng. Khalid Al Nasr said.
The project is estimated to cost QR4.89bn and planned to be developed in two phases. The first phase includes the construction of 5,900 plus residential units and the second phase will include the major constructions of 42 of the 128 buildings, seven schools, a 200-bed hospital, nurseries, banks, and commercial complexes. Built on a sprawling 2.7 million sqm land in Mesaimeer, just outside the heart of Doha, Barwa City offers its home owners and investors 128 apartment buildings, 6000 flats, and 1024 studio units.
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