Msheireb Properties has been named “Developer of the Year” at the Arabian Business Qatar Awards 2016 yesterday.
The awards honoured the most successful and innovative companies and individuals in Qatar, according to a press statement.
Msheireb Properties is a subsidiary of Qatar Foundation for Education, Science and Community Development. The judging panel praised Msheireb Properties for the master planning and execution of its ground-breaking sustainable urban regeneration, noting: “This (award) is in recognition of the company’s exceptional efforts over the course of the last year, and for its expertise in masterminding the Msheireb Downtown Doha mega project.”
“This esteemed recognition showcases our vision of being a driving force behind innovative urban renewal efforts that are transforming communities and the nation’s economic success,” said Abdulla Hassan al-Mehshadi, CEO of Msheireb Properties. “Accordingly, Msheireb Properties is redefining and pioneering sustainable aesthetic forms, revitalisation and modernisation, by combining traditional methods with progressive technology and cultural preservation, as demonstrated through Msheireb Downtown Doha.”
Msheireb Properties was celebrated at the awards ceremony for the revitalisation of the city’s old commercial district while retaining and recapturing Qatar’s heritage and architectural traditions. “The 31-hectare, QR20bn development aims to enrich the lives of both individuals and communities – encouraging more sustainable and environmentally responsible behaviour, while offering a better understanding of the local and regional heritage through its unique lifestyle and environment,” the statement adds.
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