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Published on : Tuesday, May 19, 2015
United Developers returned to Cityscape Qatar, Qatar’s leading real estate event to showcase its QAR5 billion development, Place Vendôme. Currently underway in Lusail City, Place Vendôme is set to become a new luxury, lifestyle and leisure destination for the region.
Recognized as Qatar’s most influential real estate event, Cityscape Qatar 2015 took place from the 11th to the 13th of May at the Doha Exhibition Center. Building on the rich architecture of the project, United Developers’ unique stand design featured two meticulous architectural models of the Place Vendôme development, detailing all the remarkable features of the project.
Place Vendôme, which broke ground on the 17th of March 2014, is well underway and on schedule for its opening slated for third quarter 2017. Enabling works were completed with the excavation of 2 million cubic tons from the site, the installation of 5,300 foundation piles and the pouring of 12,000 cubic meters of concrete per work. The project is now advancing in its construction drawing significant progress on the hotel components.
Drawing inspiration from the Parisian district of the same name, Place Vendôme will be reminiscent of the famous high-end shopping street in Paris, Rue de la Paix, of which Place Vendôme is the starting point. The architecture radiates luxury and extravagance while conveying a touch of cultural and artistic feel. The development will feature a canal running through it directly from the sea, seamlessly drawing together the surrounding environment to provide visitors a unique experience.
Commenting on United Developers’ presence at Cityscape Qatar, Mr. Sean Kelly, Project Director of Place Vendôme, said: “ We have returned to Cityscape Qatar for a second year in a row to reinforce our position in the local real-estate market and to showcase the progress of our project. We are delighted with the strong interest of our industry peers and the local market in our Place Vendôme project.”
“Since we had announced our project at Cityscape Qatar last year, we have been travelling around the world to promote Place Vendôme and introduce it to the leading brands in the fashion and luxury industries. So far we have been to Paris, Milan, Cannes, Dubai, London and most recently Florence. We are confident that Place Vendôme will transform the luxury and leisure experience in the region, as it introduces new retail brands and varied entertainment choices in a unique setting.” added Mr. Kelly
The 800,000m² mixed-use development will host two five-star hotels, serviced apartments, up to 400 different retail outlets, a central entertainment component showcasing permanent attractions, technologically advanced installations and special events. In addition, the retail portion of the development will boast an exclusive section dedicated to unrivaled luxury featuring the most elite brands.
Aligned with the pillars of Qatar National Vision 2030, Place Vendôme reflects the owners’ commitment to Qatar’s economic diversification as well as human and social development through the opportunities and jobs that the development will create during construction and upon completion.