Qatari Diar kicks off Chelsea Barracks project's phase IV in London

Qatari Diar has announced the laying of the foundation stone of Phase IV of its London-based Chelsea Barracks project after the success of the first three phases, a landmark in the real estate development of the prestigious Belgravia district of London.

Qatari Diar appointed Multiplex as the main contractor for Phase IV and has completed the first three phases, which includes the construction of 81 new homes and consists of 12.8 acres in Belgravia, due for completion by the end of 2019.Multiplex will begin construction and development immediately after the laying of the foundation stone, with completion scheduled for the summer of 2022.Phase IV is one of the largest and most important phases of the project and extends to the success of the company in the development of the previous three phases.This stage is the centre of the Chelsea Barracks area, covering an area of 517,000 square feet, designed by Eric Parry Architects, which has designed many important buildings in London, including the London Stock Exchange, 23 Saville Row, and the famous St Martins-in-the-Fields.Phase IV consists of three buildings with 97 apartments, as well as a state-of-the-art spa, tennis courts, a wellness centre and two garden squares.Five Fields Square, the largest of the seven garden squares, and a second that will be exclusive to the residents of the three buildings.The beauty of this outstanding architectural masterpiece in Belgravia is in its modern design and retaining the original identity of the prestigious district.CEO at Qatari Diar, Engineer Abdullah Hamad al-Attiyah said, "Although we have been on site working on the latest phase for the last 18 months, the appointment of Multiplex as the main contractor for this phase demonstrates our commitment to Chelsea Barracks and London."Al-Attiyah added, "While work on this stage of construction begins, we look forward to welcoming our first residents to their homes later this year when the site will be open to the public for the first time in over 150 years." Multiplex CEO Ashley Muldoon says: "We are extremely proud to have been awarded the main contract for the next phase of Chelsea Barracks, and to be working on a development that will transform the landscape of Belgravia."Out of public reach for over 150 years, Chelsea Barracks is situated on a 12.8-acre site.Today, the land is being transformed into one of the worldtarget="_blank"'>