Qatar Rail (QR) is building a world class integrated transport system with metro, light rail and associated development. Capital cost is government funded but operational costs is subsidised by revenue generated from Transport Orientated Development (TOD) on QR landbanks adjacent to metro stations. QR appointed MYAA to develop the high priority for Qatar National Museum (QNM) metro station site with 3 station exits.
Working with Colliers International, we provided QR with a commercially grounded Highest and Best Use Feasibility Report with suggested a development mix of 36,000m2 and the creation of a New Art District. Our proposal exceeded the 24,000m2 initially suggested by the client and will thereby generate an additional 30% more revenue.
The scheme will contain Residential accommodation, Galleries, Commercial space and a Boutique hotel. The metro station is bound to the north by the iconic Qatar Natural Museum under construction and to the south by a noisy 6 lane highway. The under valued inner-city site suffers urban decay but our vision is to use the Museum and the Metro to initiate urban regeneration.