Local developer Katara Hospitality will issue a tender for the construction of a twin-tower project in Qatar by October this year, according to a company spokesperson.
Earlier this month MEED Projects reported that the developer had issued an Expression of Interest (EoI) to contractors.
The spokesperson also told MEED that the company has invited up to 30 contractors to submit their interest in the $500m project with both local and international firms invited.
The Katara Towers project, which will comprise two towers, is set to be built in the Lusail City area of Qatar and will be part of the Lusail Marina Iconic Development.
The 270,000 square metre project will include residential, office and hospitality space. The towers will be made up of a five and six star hotel and residences, according to the projects lead consultant, Germanys Kling Consult.
The project will be located at the Lusail City development, a mixed-use community that will provide housing, commercial districts, retail, entertainment and associated services, with the aim to shift Qatars economy away from Doha.
Among the largest schemes in Lusail are CP7B, which is being developed by a joint venture of Qatari Diar and Saudi Binladin Group. The $1.2bn development comprises Lusail Plaza, roads and associated infrastructure, and a light rail station structure.