Construction of Barwa Commercial Avenue (BCA), the iconic mixed-use development which stretches over an impressive 8.5km in length, is well on track to become Doha's ultimate retail and residential destination.
Comprising five distinct yet interconnected zones — Jeera, Safwa, Joud Mall, Arkan and Sayer, BCA offers 908,000sqm of state-of-the-art facilities, a mix of residential, commercial, and retail offerings, and an advanced infrastructure network. Facilities include 640 retail stores, a medical centre, entertainment venues, food and beverage outlets, 730 offices, 540 residential units, and 12,000 parking spaces.
"Barwa Commercial Avenue is closely aligned with the Qatar National Vision 2030 and is a direct response to the future needs of the Qatari market", said Saad Al Dosari, Chairman of Barwa Commercial Avenue.
Located in close proximity to Doha's industrial area in the Ain Khaled district, Barwa Commercial Avenue provides tenants and visitors alike with easy access to a superior highway system, and the proposed Doha Metro rail transit system. The QR7bn development has already radically transformed the area into what will become a mix of modern commercial complexes, showrooms and high-standard apartments.
"Barwa Commercial Avenue is progressing as planned and leasing agreements have been increasing steadily due to the variety on offer, the high quality retail outlets and accommodation, state-of-the-art facilities and our competitive prices", he added.
The Sayer zone which is dedicated to general trading outlets was launched at the end of 2011 and will include the key anchor tenant Dragon Mart; construction of the Arkan zone, an area dedicated to medium and large-scale home improvement retail stores is also now complete; Joud Mall, an area featuring 118 retail units is now 95 percent complete. Other zones such as, Jeera, which is designed to serve as a community hub and Safwa, a zone dedicated to furniture and home décor retail outlets are also in the final stages of construction.
Barwa Commerical Avenue has already secured leasing agreements with a number of major local, regional and international businesses, such as, Dragon Mart, Qatar's first Chinese product market, Qatar International Islamic Bank (QIIB), 30 high quality furniture outlets, automotive groups, such as, Al Muftah, and almost 25 building materials suppliers. Additionally, almost 50 Memorandums of Understanding (MoU) have been signed with a number of leading companies. There is a growing demand for retail and residential space on the project and negotiations are well underway to include a number of additional well-known names to the retail mix.
The Peninsula
2 December
