Lusail will hand over the Marina District to investors following the completion of infrastructure development.
Lusail City Real Estate Development Company (LREDC), Qatar’s largest Greenfield developer, has said it will hand over the Marina District to investors following completion of infrastructure development on the mixed-use site.
The Marina District, one of the 19 integrated districts of the 38km2 Lusail City, will be the first one to see properties developed at the city.
Spread over 1.8 million m2, the district will be home to an estimated population of 30,000 residents and 50,000 workers, and will be serviced by a light-rail transit network that will connect to the rest of Lusail city and underground stations; all linked directly to underground car parking facilities.
Lusail City has been master-planned to accommodate 200,000 residents, 170,000 workers and 80,000 daily visitors.