Diriyah Company has officially announced the launch of its Media and Innovation District at MIPIM in Cannes.
This pioneering, future-focused hub will redefine the technology, media and communications industries by creating a dynamic new ecosystem within Diriyah, encouraging innovation and collaboration between local and global industry leaders.
The district will serve as a new home for global media networks, creative agencies and professionals seeking a collaborative ecosystem with state-of-the-art infrastructure, designed to promote sustainability and provide an exceptional quality of life.
Spanning over 250,000sq m of office GFA, the district will feature approximately 450 residential homes and over 15,000sq m for retail outlets and a mix of dining options. It also includes the 325-room luxury 1 Hotel Diriyah, the first property from the global 1 Hotels brand marking its Middle East debut and designed using sustainable and local resources.
Strategically located near the planned multi-purpose 20,000-seater Diriyah Arena, the Media and Innovation District is a pioneering development in the second phase of Diriyah’s urban masterplan.
Designed to host tech giants and innovation hubs that will foster creativity, content creation, digital transformation and technological advancement, the district has already attracted significant interest from investors and partners, including major international and regional broadcasting companies, as well as industry leaders.
MIPIM 2025 also saw the announcement of another key milestone for Diriyah, the announcement of Armani Residences Diriyah, which features 15 limited-edition residences that include bespoke interiors individually curated by iconic Italian fashion designer Giorgio Armani. Diriyah Company also showcased key assets and highlighted commercial office leasing opportunities.
