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Also completed last year was the second expansion of the operate the project’s facilities. The Amaala project is expected integrated shopping, entertainment and dining. Designed as
Red Sea Mall of Jeddah, owned by Red Sea Markets Company to commence construction in 2020, with the first phase of a lifestyle venue, the mall will contain the most recognisable
Ltd. The expansion, which took place in three phases, the project planned to be completed by Q4 2020, with all brands in retail, from fashion and home styling to electronics.
included a smart parking building, the expansion of gates phases completed by 2028. Amaala will feature a dedicated Being developed by Majid Al Futtaim, the mall will feature
1, 2 and 3 and the Plaza containing cinemas. The total area airport, 2,500 luxury hotel rooms, 200 retail establishments, 296,000sq m of GLA, over 600 stores, 10,300 parking spaces,
of the new expansion is 8,000sq m including a retail space art galleries, marinas and 700 villas will be developed. 33,200sq m dedicated dining space, a five-star luxury hotel
of 500sq m, and areas for cinemas, children’s entertainment Being positioned as one of the biggest malls in Saudi Arabia with over 275 rooms, a 9,500sq m Carrefour hypermarket
and other facilities and services. The expansion project also and also the GCC region upon its completion in December and a 40,000sq m indoor ski slope and snow park. The
includes seating and a shaded area. The overall mall is one of 2020, King Avenue Mall will occupy 12.5ha and house youth master-planned layout and luxury concept stores will be the
the largest in Jeddah with 521 shops. and family hubs, hotels, a central plaza, entertainment areas, ultimate in accessibility and curation. This ambitious vision will
King Abdullah Economic City (KAEC) is the largest privately- food courts and large retail outlets showcasing global brands. deliver seamless transitions from the shopping experience to
funded new city in the world. Situated on the west coast of the The overall structure of the mall is elliptical in shape, giving a wide variety of food and beverage options and a mix of
AMAALA Kingdom of Saudi Arabia, KAEC covers an area of 181 square the building a majestic appearance. entertainment venues.
Red Sea coast
kilometres of land, approximately the size of Washington DC. Currently due to be inaugurated in 2022 and being Set to be an urban marvel, Jeddah Economic City is being
KAEC comprises King Abdullah Port, the Coastal Communities developed by Shomoul Holding Company – part of Mabanee, lined strategically along the coastline of the Red Sea and
residential districts, the Haramain Railway district and the The Avenues Riyadh project is set to become the largest leisure designed to embody a new point of view in what a mega city
Industrial Valley. The city is under development by Emaar, The and commercial destination in the Kingdom. The first design and is all about. Planned to occupy a spectacular area of 5.3 million
Economic City, a publicly listed Saudi joint-stock company construction phase of the project has been awarded to Nesma square meters of land, the Jeddah Economic City is envisioned
established in 2006. The first phase of the project was actually & Partners Contracting Company in a $1.6bn deal. The first to reflect a new era in urban development and living, providing
completed back in 2010, but overall completion is some way construction phase of The Avenues – Riyadh entails building a the inhabiting community with all that is needed in amenities,
off for the time being, with only about 40 per cent of the fully-fledged mall, with parking lots, gardens, and internal roads. facilities, residential quarters, business areas in shops and
project having been developed to date. The project is anticipated to become a new retail icon in Saudi commercial centres, in addition to diplomatic quarters. The
Al Akaria Saudi Real Estate Company and Triple Five Arabia and the region thanks to its innovative shopping and Jeddah Economic City will also be renowned for its substantial
Worldwide have joined forces to develop a $5bn shopping entertainment offerings, services, and hospitality concepts that shopping areas, intricately dispersed throughout the city.
mall in Saudi Arabia’s capital. Al Akaria, which is partly owned support Saudi Vision 2030 and set a new global standard for The shopping areas are carefully designed within the City
by the government of Saudi Arabia, said it has partnered a delightful recreational experience. Upon full completion, the grid, laced with the convenience of restaurants, cafes, public
with Triple Five’s subsidiary Arabian Dream KSA to develop project will cover an area of 1.9 million square metres, and will parks, in addition to the routes connecting them, resulting in
the world’s largest mixed-use entertainment and shopping feature a shopping mall with an area of 400,000sq m and more the perfect shopping experience to all commuters, tourists,
centre at Al Akaria’s Al Widyan site in Riyadh. The developed than 1,300 stores, in addition to five towers with commercial visitors, and business people alike. The estimated completion is
site will comprise theme parks, water parks, recreational and and residential facilities and four hotels. currently set for 2025.
MALL OF SAUdI sports facilities, retail dining, shopping centres and hospitality Qiddiya, a project being backed by the Public Investment A project that emerged from Saudi Vision 2030 and one
Riyadh
components. The Al Widyan site, which spreads over seven Fund of Saudi Arabia and developed by Qiddiya Investment of four giga-projects currently under construction in the
million square metres, is being designed and developed Company is an entertainment megaproject to be established Kingdom, NEOM is a planned cross-border city in the Tabuk
as a fully-integrated mixed-use development and leisure in Riyadh that commenced construction at the beginning of Province of north-western Saudi Arabia. Backed by more
destination. First phase launch of the Al Widyan project is last year. Composed of five primary projects, these include than $500bn over the coming years by the Public Investment
targeted to take place in the first half of 2020. resorts, parks and a city centre. Phase one will be opened in Fund of Saudi Arabia, as well as local and international
Under the patronage of His Royal Highness Prince 2023 and will feature “Six Flags Qiddiya” as a family attraction. investors, NEOM’s contribution to the Kingdom’s GDP is
Mohammed bin Salman bin Abdulaziz Al-Saud, the Located 40km from Riyadh, Qiddiya will be more than twice projected to reach at least $100bn by 2030, in addition to
Public Investment Fund (PIF) Development Management the size of Walt Disney World Orlando in Florida, US. its per capita GDP is projected to be one of the highest in
Organisation was established with Nicholas Naples, CEO, Set to be unveiled in Q1 2025, Mall of Saudi will be the world. NEOM will include towns and cities, ports and
tasked with developing the integrative destination for the Kingdom’s flagship destination for retail, leisure and enterprise zones, research centres, sports and entertainment
wellness and the arts, Amaala. The initial seed funding will be entertainment, offering Saudi Arabia’s most prestigious venues, and tourist destinations. It will be the home and
provided by the PIF. Private sector companies and market stores as well as new brands making their debut in the workplace for more than a million citizens from around the
investors will be invited to invest in the project as well as market. Mall of Saudi will represent the next generation in world and the first phase is due to complete in 2025.
JEddAh EcONOMIc cITy
Jeddah
KING AVENUE MALL
Jeddah
QIddIyA
Riyadh
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