| Doha, Qatar.-Sunday, March 18th 2018 [ AETOS Wire ]
KONE Corporation, a global leader in the elevator and escalator industry, has won an order for 72 elevators and escalators for Phase Four, the last phase to complete Msheireb Downtown Doha, a pioneering project developed to revive Qatar's old commercial centre.
Msheireb Downtown Doha is a leading force in smart city intelligence and one of the world’s first sustainable downtown regeneration projects. It will revive the soul of the old commercial district and redevelop it into a destination that promises to enhance resident and visitors’ lifestyles through an attractive mix of retail, arts and culture, entertainment, and new dining options to become Qatar’s ultimate must-visit destination. It will also empower businesses as Doha’s new Financial City.
Phase Four at Msheireb Downtown Doha includes the construction of a public plaza and 11 mixed-use buildings that will house offices, apartments, retail space, five-star hotels, a medical office building and six parking basements. The development encompasses a gross floor area of 133,410 square-meters, and the highest building will rise to 113 meters.
KONE will equip the development with 53 KONE MonoSpace® 700 elevators, 14 KONE MiniSpace TM elevators, three KONE TranSys TM freight and service elevators, and two KONE TravelMasterTM 110 escalators. The order also includes the KONE Destination Control System and KONE E-Link equipment monitoring. The order was booked in the fourth quarter of 2017.
"We are happy that our energy-saving solutions have been selected for this pioneering project, which aims to create sustainable and innovative spaces to enrich the communities they house and to revive Doha's old commercial center," said Mark Bayyari, KONE Managing Director for Qatar.
Mr. Ali. AL-Kuwari, Acting CEO of Msheireb Properties said: “As we move into the final phase of our pioneering development for Qatar, we are buoyed by our ongoing partnerships with industry leaders to create the high-quality project we aspire for the local community. Msheireb Downtown Doha is already serving the people of Qatar with Msheireb Museums, a school, public offices and much more, and we look forward to working with KONE to add the finishing touches in the coming years, in advance of its full completion.”
Msheireb Properties, developer of Msherieb Downtown Doha and Qatar’s leading sustainable real estate developer, announced the contract for major construction work of Phase Four last year to contractors Teyseer Contracting Company WLL (TCC) and Consolidated Contractors Group S.A.L. (Offshore) (CCC), and the lead consultant on the project is HOK.
About KONE:
At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2017, KONE had annual net sales of EUR 8.9 billion, and at the end of the year over 55,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.
www.kone.qa
Contacts
KONE Middle East & Africa
Noha Kadora, Marketing and Communications Manager, +97142794500
media.mea@kone.com
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