While Dohaland is all set to launch it’s ambitious Heart of Doha project, a senior official of the company has said that the crowded Share-e-Kahraba street will not face the bulldozers at least this year.
The entire area including Share-e-Kahraba, Musheirib and Abdulla bin Thani street has been earmarked for demolition to give way for the project and it is only a matter of time before the bulldozers move in.
“Share-e-Kahraba area will not be demolished this year, as the first phase of the project will focus on the northern part of the project site. The project will be implemented in a phased manner so that shops and residents will get enough time to relocate to other areas,” Eng Issa Al Mohannadi, CEO of Dohaland told The Peninsula yesterday.
He said the residential and commercial properties in Heart of Doha will be available for lease for nationals as well as expatriates. However, there will be some exclusive areas for nationals.
The houses will not be too expensive and the prices will be affordable to a major segment of the population, he added.
Addressing a press conference earlier, Al Mohannadi said the project will be implemented with minimal disruption to life in the city. “We will provide the necessary logistical support to limit the disruptions to minimal levels. This is one the reasons for executing the project in a phased manner,” he said.
Asked if the project was financially viable at this period of crisis, he said, “This project has long-term objectives and its benefits can not be judged only on financial terms. The basis idea is to introduce a new concept in urban planning and promote green buildings.”
He, however, added that funding would not be a problems since the project is supported by the Qatar Foundation and is not totally dependent on the revenue from oil and gas.
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