A big fan of IKEA, I can’t wait the QR6bn retail center below is operated!
Updated 17 January 2013
Updated 6 October 2012 – construction progress
Updated 19 May 2012 – Construction Progress
IKEA construction is progressing. I am passing this construction site almost everyday when going to Ras Laffan. Seen here progress on 18 May 2012.
Updated 27 Nov 2011 – Official Website Launched
An official website of Doha Festival City is launched (not sure when it was started): http://www.festivalcitydoha.com/index.aspx
As per the above website, IKEA Opening is 340 days away from today, 27 Nov 2011 (means 2 November 2012?)
The following is an excerpt from the website about Doha Festival City:
Doha Festival City provides Qatar with an easily accessible iconic leisure destination in this progressive, rapidly developing country.
19 October 2011 marked the ground breaking for the 433,847 sq m project, which will have
260,000 sq m of gross leasable area upon completion. Popular Al-Futtaim franchise brand IKEA will also form part of Doha Festival City’s offering. The ground breaking for IKEA occurred in October 2011 and the 32,000+ sq m store is due for completion in Q4 2012. The remaining elements of Doha Festival City are due for completion by Q4 2014.
Doha Festival City is owned and developed by Bawabat Al-Shamal Real Estate Company (BASREC), the parent company which is supplying the land to construct this iconic development. BASREC comprises shareholders including Al-Futtaim Real Estate Services, Qatar Islamic Bank (QIB) and private Qatari companies.
Reflecting Festival City’s tradition of theming its spaces to maximise the visitor’s experience, inspiration from the elements wind, water, wood and earth translates into the design of four distinct interior zones; Water Concourse, Garden Promenade, Rainforest Boardwalk and Fashion Galleria. Through its design, the complex seamlessly connects these uniquely identifiable zones, allowing visitors to explore the extensive retail, entertainment and dining opportunities in one centralised destination.
From morning until night, entertainment, dining and relaxation choices abound at Doha Festival City, providing an array of exciting experiences for all the family and myriad restaurants and cafes featuring regional and global cuisines.
Automotive showrooms form a part of Doha Festival City and showcase internationally renowned automotive brands in a unique environment.
Doha Festival City’s strategic position promises definitive ease of access.
The iconic complex is located on Doha’s Al Shamal Road (North Road), the main arterial route to the city centre, which connects with Doha International Airport in just 20 minutes, and with Bahrain via the soon to be completed ‘Friendship Causeway’.
On arrival at their destination, visitors to Doha Festival City will discover plentiful zoned parking, enabling them to journey right into the heart of their chosen retail or entertainment experience.
Doha Festival City
On 5th September 2010, Al-Futtaim, Qatar Islamic Bank and other Qatari investors signed a QAR 6 billion joint venture agreement to construct a state-of-the-art entertainment and retail complex in Doha which is slated to become a driving force behind Qatar’s diverse economic development.
Doha Festival City will be a multi-purpose iconic destination and will feature an entertainment and leisure complex, automotive showrooms and international hotels and convention centre. The development is located just north of downtown Doha on Al Shamal Road, one of the main arterial routes to the city centre, and connects Doha with Bahrain via the ‘Friendship Causeway’. With its strategic positioning, the super-regional complex is ideally equipped to meet the retail and entertainment needs of not only Qatar, but also of neighbouring GCC countries.
19 October 2011 marked the ground breaking for the 433,847 sq m project, which will have 260,000 square metres of gross leasable area upon completion. Popular Al-Futtaim franchise brand IKEA will also form part of Doha Festival City’s offering. The ground breaking for IKEA occurred in October 2011 and the 32,000+ sq m store is due for completion in Q4 2012. The remaining elements of Doha Festival City are due for completion by Q4 2014.
Doha Festival City is owned and developed by Bawabat Al-Shamal Real Estate Company (BASREC), the parent company which is supplying the land to construct this iconic development. BASREC comprises four primary shareholders including Al-Futtaim Real Estate Services, Qatar Islamic Bank (QIB), and private Qatari investors. The project is a result of the partners’ recognition that Qatar has a rapidly expanding population, strong diversified financial standing and that its local citizens possess a high level of disposable income.
Al-Futtaim is the owner, developer and operator of the globally acknowledged Festival City brands in Dubai, UAE and Cairo, Egypt which have become the mainstay for leisure, shopping, residential and entertainment in the two countries
Updated 5 Nov 2011
Here it is Doha Festival City location: North East Corner Al Kharaitiyat Interchange, Al Shamal Road, 6.5km north of Landmark Mall.
Updated 21 October 2011
Bawabat al-Shamal Real Estate Company (Basrec) announced yesterday that the construction of their super-regional retail and entertainment destination, Doha Festival City, has begun.
Al-Futtaim Group, Qatar Islamic Bank and other investors formed a joint venture for this project which, according to its promoters, will become a leisure and entertainment destination in Qatar.
The QR6bn-plus project is located north of downtown Doha on Al Shamal Road, which is connecting the city with Bahrain via the “Friendship Causeway”.
With its strategic positioning, the complex would be ideally equipped to meet the retail and entertainment needs of not only Qatar, but also neighbouring GCC countries.
Ikea, which is part of the Al-Futtaim Group, will be developed under the first phase of construction.
The 32,000sq m store is due for completion in the last quarter of 2012. The remaining elements of Doha Festival City are due for delivery in the last quarter of 2014.
Developed on land covering 433,847sq m with 260,000sq m of gross leasable area, Doha Festival City is designed by DP Architects with Arab Engineering Bureau appointed as project architects, Mace International as project manager and EC Harris as quantity surveyor and cost consultant.
Further, the General Contractor package for Ikea has been awarded to the joint venture between Qatari Arabian Construction Company and Amana Qatar Contracting Company, with the MEP (mechanical, electrical and plumbing) package awarded to Hamad and Mohammed al-Futtaim Engineering.
Ammico Contracting Company is undertaking the excavation and Redco International will be supplying the pre-cast concrete elements.
Along with Ikea, other leading international and local brands are expressing interest in this development.
Doha Festival City will also offer an entertainment and leisure complex, automotive showrooms and international hotels.
The interior design of Doha Festival City is inspired by nature and the elements of wind, water, wood and earth.
Within the retail loops there will be four distinct interior zones – Water Concourse, Garden Promenade, Rainforest Boardwalk and Fashion Galleria.
Leading the team at the ground breaking ceremony were Al-Futtaim Group Real Estate development director Greg Douglas and Basrec senior executive manager Jihad Zarourt, signalling the formal start of construction work.
Douglas said: “We are delighted that Doha Festival City has begun construction which celebrates the collaboration between our JV partners.”
“Doha Festival City is an innovative concept, appealing to visitors and the local residents of Doha.
“With the project’s easily accessible location and the extensive offerings, we believe Doha Festival City will be one of the most advanced entertainment, retail and hospitality complexes in the region,” he said.
Zarkout said: “Doha Festival City is the fruit of our shareholders willingness to contribute in the promising future of Qatar and the unlimited support of the government and the enormous efforts by a dedicated team.”
(Source: Gulf Times, 21 Oct 2011)
Update July 2011
Now, about the location. News says it’s located at about 15kn downtown Doha on Al Shamal Road. If km 0 is at Airport (you can find it), then 15km from it is around Landmark Mall area. There, two big malls are being constructed (Ezdan Mall) and Gulf Mall. Then 2.5km to the north there is another mall being constructed North Gate Mall (opposite Sidra Compound). Some says it is near Al Kharaitiyat Interchange. Exact location? Don’t know yet.
Update 28 March 2011 (Source: Gulf Times)
The QR6bn state-of-the-art Doha Festival City project will break ground next month, Dubai-based Al-Futtaim Group and Qatar Islamic Bank (QIB) announced yesterday. Construction of Phase One is to start with a ground breaking for the Swedish furnishing giant IKEA’s first outlet in Qatar.
The first phase is slated to be completed by the second half of 2012, with Phase Two scheduled for completion by 2014. Doha Festival City is located 15km north of downtown Doha on Al Shamal Road, one of the main arterial routes in Qatar.
The project team of managers, architects and engineers has been appointed for the 433,847sq m entertainment, retail, hospitality and commercial facility.
Set to become a driving force behind Qatar’s diverse economic development, the project will be designed by DP Architects, with Arab Engineering Bureau (AEB) appointed as architects.
MACE International are the project managers and Al-Futtaim Investment Management
(AFIM) the investment managers.
Al-Futtaim, QIB, Aqar Real Estate Investment Company and a private investor are partners in this joint venture project.
Along with IKEA, other brands from Al-Futtaim Group already confirmed as Doha Festival City’s anchor tenants are ACE, Toys “R” Us, Marks & Spencer and Intersport.
Landmark Group’s brands such as Centrepoint, Max Fashion, Sports Authority, Fitness First, Home Centre and Iconic have also joined the retail mix.
Robinson’s, the 153-year old department store and an integral piece of Singapore’s history, will be part of Doha Festival City offerings.
The project will include a fully-serviced shopping centre, an indoor-outdoor entertainment park, automotive zone, two international hotels and “green zones”.
The iconic complex’s futuristic design separates each individual area into its own uniquely identified space that will transport guests from the world of waterslides and roller coasters into a retail area populated with diverse international brands.
“This is a dream come true for us and our partners,” Al-Futtaim Group vice chairman Omar al-Futtaim said while asserting that the project was set to become the most advanced entertainment, retail and hospitality complex in Qatar.
QIB chairman Sheikh Jassim bin Hamad bin Jassim bin Jabor al-Thani said the project represented a new phase in the country’s economic evolution.
“It will raise Qatar’s profile as a nation focused on innovation, excellence, and dynamic sustainable development,” he said.
Sheikh Jassim maintained that the joint venture agreement with the Al-Futtaim group demonstrated both parties’ firm commitment to not only enhance Qatar’s development but amplify its positioning within the regional and global economy.
“Ultimately the agreement is in accordance with QIB’s strategy to fuel the countries expansion and the State of Qatar’s 2030 vision,” he added.
“With its strategic positioning, the mega complex is ideally equipped to meet the retail and entertainment needs of not only Qatar, but also the neighbouring GCC countries.”
Al-Futtaim is one of the largest family-owned enterprises in the region and owners of the globally-acknowledged, award-winning Festival City brand in the UAE and Egypt.
The group already has presence in Doha through its automotive, retail, technology and engineering businesses.
Gulftimes, 6 Sep 2010
Doha set to get QR6bn retail centre
Work on the 433,000sq m project — described by its promoters as the “first of its kind in Qatar” — will begin in early 2011. Qatar’s “largest” entertainment and retail complex, a QR6bn joint venture between Al-Futtaim, Qatar Islamic Bank (QIB) and Aqar Real Estate Investment, is to come up in the north of Doha. Work on the 433,000sqm project — described by its promoters as the “first of its kind in the Qatar” – will begin in early 2011.
A retail centre, an entertainment park and two hotels are part of the mega project, to be located on the northern highway linking Doha International Airport with the proposed Bahrain Causeway. The first retail phase is slated for completion in the first quarter of 2012 and the remaining two phases by 2015. IKEA, ACE Toys “R” Us, Marks & Spencer, Intersport – all part of the Dubai-based Al-Futtaim group — have already confirmed as the project’s anchor tenants, the promoters said yesterday.
Al-Futtaim is one of the biggest family-owned enterprises in the region and owners of the Festival City brands in the UAE and Egypt. The group already has presence in Doha through its automotive, retail, technology and engineering businesses. The project is owned and developed by Bawabat Al-Shamal, the parent company which is supplying the land for the proposed complex. Apart from the three promoters, Bawabat Al-Shamal also has a private company as one of the primary shareholders.
QIB chief executive officer Salah Jaidah said the project “represents a new phase in Qatar’s economic evolution and will raise the state’s profile as a nation focused on innovation, excellence, and dynamic sustainable development”. He said: “This joint venture agreement with the Al-Futtaim group demonstrates both parties’ firm commitment to not only enhance Qatar’s development, but amplify its positioning within the regional and global economy.”
Al-Futtaim Group chief executive officer Robert Willett said the project would transform the leisure, retail and entertainment industry in Doha while providing visitors a very attractive destination. Details of the agreement were overseen by Q-Invest which acted as the financial adviser for all parties. The state-of-the-art complex’s futuristic design separates each individual area into its own identified space that will transport clientele from the world of waterslides and roller coasters, into a retail area populated with diverse international brands, a statement issued by the promoters said. The agreement was signed by representatives of all parties at Al Badia Golf Club, Dubai Festival City.