Send your construction pics to content_at_themeparxdotcom
Type: Posts; User: fromKSA
Royal Golf Club Academy at Wadi Safar.
Source: https://maps.app.goo.gl/K89VHNhiSbzheyQf9
Saudi Arabia’s Public Investment Fund has approached contractors over a proposed two-kilometre tower in northern Riyadh, testing market appetite for a project that would more than double the height of the world’s tallest building if it proceeds.
Several international and Saudi contractors have been contacted as part of a market-sounding exercise led by Tower District Real Estate Development Company, a PIF subsidiary, according to MEED. No construction tender has been issued and PIF has not publicly disclosed a development timeline or final commitment to build the tower.
The outreach is the latest sign of activity around the proposed tower and surrounding central business district. PIF received bids last year for project management consultancy services covering both developments, while Foster + Partners is working as architect after winning a design competition launched in late 2022, MEED reported.
Known as Project Rise, the proposed tower and business district form part of the wider North Pole masterplan north of Riyadh. Contractors familiar with megatall projects estimate a two-kilometre structure could cost about $5 billion to construct depending on its final design, although no official budget has been disclosed.PIF plans to direct about 80% of its investments to the domestic economy through 2030, up from roughly 70% of deployment during the previous five-year period, while reducing the international share to about 20%, Reuters reported. Urban development and livability is one of six domestic ecosystems identified under the new strategy.
The fund is simultaneously trying to reduce its role as the sole source of capital. Its new strategy calls for more private-sector participation as investors, partners and suppliers, alongside greater efforts to attract international capital into Saudi projects. PIF describes its changing role as moving from the primary engine of growth toward creating platforms that allow other investors and businesses to scale.
That makes the next stage of Project Rise particularly important. Contractor outreach shows the proposal remains active, but does not amount to a decision to build it. Whether the two-kilometre tower advances toward procurement, and how a development of that scale would be financed under PIF’s more returns-focused strategy, have yet to be disclosed.
Source: https://www.constructionweeksaudi.com/pif/pif-project-rise-2km-riyadh-tower
Source: https://www.meed.com/king-salman-park-prepares-for-soft-openingKing Salman Park Foundation is preparing a phased soft opening of the Riyadh park as it moves from construction to operations.
Dale Chadwick, the foundation’s acting CEO, speaking at MEED’s Shaping Mega Projects conference in Riyadh on 28 September, said 95% of the contracts for phases one and two had been awarded, and irrigation for both phases was installed.
“There are areas of the landscape in the park that, literally, we could open tomorrow,” he said. "It’s trying to stitch this all together into a cohesive opening.”
The foundation will present its opening plan to its board at the end of this week. Chadwick said announcements were expected in the coming months.
“We can’t just open 12 square kilometres of green space and public domain without going through a process,” he said.
Landscaping works are about to restart for the season. The foundation plans to plant about 4 million plants this year at a rate of 50,000-60,000 a day. Its water treatment plant is operating on a temporary basis, producing about 50,000 cubic metres a day.
The Royal Arts Complex, one of the park’s anchor assets, is due to be handed over to the Ministry of Culture within three to six months.
Senior Vice President of Residential Operations at Marriott visited The Ritz-Carlton Residences, Diriyah, ahead of its opening.
Source: https://www.linkedin.com/feed/update/urn:li:ugcPost:7510444946823254016/
Performing Arts Center Qiddiya:
Source: https://x.com/SaudiProject/status/2099152409054359934/
Jeddah Tower - 110 floors
Source: https://x.com/SaudiProject/status/2087852860553715923/
Oceanarium:
Source: https://maps.app.goo.gl/zDiNFsVY2trsDhpr5
I don't know, Miraval really looks underwhelming.
Sources:
https://maps.app.goo.gl/E4nwSZaabWM1Aa8T7
https://maps.app.goo.gl/dCk2m5ygZo3yhz4J6
https://maps.app.goo.gl/KNs1ndY2n4Vt4eh7A