DOHA: United Developers returned for a second year in a row to Cityscape Global to showcase its $1.25bn development, Place Vendôme. Currently underway in Lusail City, Qatar, Place Vendôme is anticipated to become the luxury, lifestyle and leisure destination for the region on completion by third quarter 2017.
Cityscape Global took place from the 8 to the 10 September at the Dubai World Trade Center.
The stand, with its unique feature of 1,800 crystal drops, showcased two meticulous architectural models of the Place Vendôme development. Place Vendôme received great attention and praise from industry peers, architects, designers, governmental authorities and media.
Sean Kelly, Project Director said: “We are delighted to return to the region’s largest real estate event. We see Cityscape Global as the ideal platform to connect with industry peers and stay connected to the latest developments in our sector. Over the past three days, we welcomed thousands of visitors and a large number of industry representatives who were updated and impressed by the progress of the project since last year’s event.”
Place Vendôme broke ground on March 17, 2014. Enabling works were completed with the excavation of two million cubic tonnes from the site, the installation of 5,300 foundation piles and the pouring of 250,000 cubic metres of concrete. The project is now advancing in its construction drawing significant progress on the hotel components and the levels of the retail space.
“Our return to Cityscape Global comes in line with our efforts to promote the progress of our project and reinforce confidence in PlaceVendôme. We are committed towards delivering the very best and most importantly, on schedule. We are delighted with the interest we continue to receive from regional and international brands recognizing the value that the project is bringing to the retail industry in the region. We envision Place Vendôme as the luxury, lifestyle and leisure destination for residents in Qatar and around the GCC.” added Kelly
Since the regional announcement of Place Vendôme at Cityscape Global last year,United Developers have travelled around the world to promote the project and introduce it to the leading brands in the fashion and luxury industries. The Place Vendôme roadshow engaged retailers in Paris, Milan, Cannes, Dubai, London and most recently Florence. Place Vendôme will be returning to MAPIC later on this year in Cannes, France to meet with international retail brands.
The 800,000sqm project 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 luxury featuring the most elite brands.
The Peninsula
