Owner | Saudi Real Estate Company (Al Akaria) |
Estimated Value | US$ 50,000,000 |
Sector |
Infrastructure |
Sub Sector |
Mixed-Use Development |
Country |
Saudi Arabia |
City |
Riyadh |
Capacity | Approximately 250 rooms | Feasibility Start Date | Q2-2016 |
Status | FEED/Design | Project End Date | Q4-2022 |
Owner | Saudi Real Estate Company (Al Akaria) |
Estimated Value | US$ 50,000,000 |
Sector |
Infrastructure |
Sub Sector |
Mixed-Use Development |
City |
Riyadh |
Country |
Saudi Arabia |
Capacity | Approximately 250 rooms |
Feasibility Start Date | Q2-2016 |
Status | FEED/Design |
Project End Date | Q4-2022 |
Saudi Real Estate Company (Al Akaria) is constructing a 250-room hotel within the vicinity of the King Abdullah Financial District (KAFD) in Riyadh. It is expected to be completed by 2022.
Scope of work includes the following:
Saudi Real Estate Company (Al Akaria) is the main financer behind this project.
250 rooms consist of:
Typsa C Gomera, 9, 28703 - S.S. de los Reyes, Madrid Tel: +34 917 227 300 Email: [email protected] Web: www.typsa.com |
Typsa |
Typsa |
KEO International Consultants Free Trade Zone, Future Zone, Flamingo Complex, Building 6, 13037 Tel: +965 2461 6000 Email: [email protected] Web: www.keoicsite.info |
KEO International Consultants |
KEO International Consultants |
Starwood Hotels & Resorts Worldwide, Inc. St. Thomas, ON Canada N5P 4H4 Tel: +1 888 625 4988 Web: www.starwoodhotels.com |
Starwood Hotels & Resorts Worldwide, Inc. |
May 2018 | Spanish firm Typsa has been appointed as the design consultant after signing a $2.91 million contract. |
May 2017 | KEO International Consultants has been selected as the project management consultants (PMC) on the scheme. |
Jan 2017 | The project is still in the early planning and study stage. |
Jun 2016 | Starwood Hotels and Resorts have been appointed as the operators. |
Apr 2016 | Feasibility study is currently underway for the construction of a 250-room hotel within the vicinity of the King Abdullah Financial District (KAFD) in Riyadh. It is being developed by Saudi Real Estate Company (Al Akaria). |