$7bn Makkah Mixed-Use Project Phase One Nears Completion

Construction work on the first phase of the $7bn Thakher Makkah, one of the largest projects in the Saudi city of Makkah, is almost complete, according to Thakher Development Company, the master developer of the project.

Spanning an area of 320,000sq m on a site located 1km from the Grand Mosque (Haram), the massive project will, upon completion, include about 100 land plots for the development of hotels and residential, commercial, and service-related facilities.

The residential and hotel apartment units will be available in various categories, and will be also available for ownership, said a statement from the developer.

Thakher Makkah is set to host a number of international hotels including the Radisson Hotel, the Park Inn by Radisson, and the Novotel Hotel, and will boast the world’s largest number of hotel rooms, claimed Thakher Development Company. The Thakher Makkah project aims to provide exceptional opportunities for visitors and investors, including pilgrims, Umrah performers and general visitors to Makkah, it stated.

“Thakher Makkah project contributes to the Kingdom of Saudi Arabia’s ambitious Vision 2030, which aims to host 30 million Umrah performers and six million pilgrims by 2030,” said Engineer Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Company.

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