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Power 60 2015

#51 Msheireb Properties

Eng. Abdulla Al-Mehshadi, CEO

Real estate development company, Msheireb Properties, is a subsidiary of Qatar Foundation, and was established to transform Qatar and get it ready for its 2030 Vision. Its flagship project, Msheireb Downtown Doha aims to be a leader in sustainable development as it employs a new approach to urban planning by combining traditional methods and modern technology aimed at preserving the environment as well as the cultural identity of Qatar.

With Msheireb Downtown Doha, the company is developing a blueprint for sustainable urban regeneration, and believes in sharing its knowledge and experience with the industry.

The QAR20 billion development will revive the old commercial heart of the city through a new architectural language that is based on community living, across a 31 hectare (76 acre) site. The Msheireb project will blend traditional Qatari heritage and aesthetics with modern technology, and focus on sustainability and harmony with the environment.

The mixed-use development will comprise more than 100 buildings, with a combination of commercial and residential properties, retail, cultural and entertainment areas. The first phase, referred to as the ‘Diwan Amiri Quarter’, currently under construction, features three major government buildings, heritage sites, a museum, cultural forum, National Archive and Eid Prayer Ground.

All buildings within the development will target an average Gold rating under the internationally recognised LEED (Leadership in Energy and Environmental Design) certification system developed by the US Green Building Council, while several buildings will aim for a Platinum rating.

The company receives most of its guidance from Eng. Abdulla Al-Mehshadi, CEO of Msheireb Properties, who has held a number of senior positions within the engineering and construction fields prior joining Msheireb Properties.

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