Thakher Development’s $7bn Makkah Project Makes Headway

Saudi-based Thakher Development Company has announced that steady progress is being made on its $7bn premium development, Thakher Makkah, located in the Saudi city, featuring a mix of residential, retail and hospitality elements, said the project developer.

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

Giving a project update, Thakher said as part of this initiative, work has been completed on eight four-star hotel properties as well as hotel apartments, which are being managed by international operators. These facilities boast over 2,276 rooms and 7,000 beds, providing high-quality services designed to fulfil the diverse needs of all visitors, stated the master developer. The top international hotels coming up at Thakher Makkah include Radisson Hotel, the Park Inn by Radisson and the Novotel Hotel, the largest in the world in terms of number of rooms.

As part of the larger initiative, Thakher will be developing some of the old neighbourhoods of Makkah in co-ordination with the Royal Commission for Makkah City and Holy Sites, thus providing distinguished services to the pilgrims, remarked its CEO Engineer Abdulaziz bin Saleh Al Aboudi.

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