Hotels, branded residences, retail units and entertainment venues, including a multiplex cinema, are set to come up in the business district
October 09, 2023 | Staff Reporter | KSA | Developers
Leading architectural and engineering consultancy SSH has partnered with King Abdullah Financial District Development & Management Company (KAFD DMC) in Saudi Arabia to deliver multiple packages comprising architecture, comprehensive multi-disciplinary design, engineering design, and sub-consultancy services. The partnership with SSH contributes to KAFD’s vision as Riyadh’s prime business and lifestyle destination.
Set in the heart of the Saudi capital Riyadh, KAFD features 1.6 million square metres of state-of-the-art office space, world-class facilities, and iconic luxury residences, designed to transform the way urban communities live, work, and play. A 22-kilometre drive from King Khalid Airport, KAFD is a key driver of Riyadh’s economic ambitions and is the largest LEED certified mixed-use financial district in the world. It is owned and managed by the King Abdullah Financial District Development and Management Company (KAFD DMC).
SSH has been awarded several projects in KAFD through which the consultancy will deliver design and multi-disciplinary services for hotels, branded residences, retail units, food and beverage outlets, car parking facilities, and entertainment venues, including a multiplex cinema.
Commenting on the partnership, Matt Squires, CEO at SSH, said, “As Saudi Arabia’s flagship business centre in the heart of Riyadh, we are thrilled to be a key partner of choice for KAFD. Developments like KAFD excite us as they allow us to work with our clients and contribute our expertise and passion for design and engineering to influence this vibrant, global business and leisure hub positively. We are confident KAFD will be one of the world’s most prominent business and lifestyle districts, and look forward to supporting both KAFD’s and Saudi Arabia’s 2030 vision to bolster economic growth through infrastructure development, real estate and housing, tourism, and hospitality.”
Saudi Arabia continues to offer tremendous opportunities for the industry. Organisations within the Kingdom are reinforcing their teams and operations, emphasising the significance of this market as a key sustainable pillar of their businesses. Over the past five years, SSH has increased its investment and commitment to this central market and positioned itself as a Partner of Choice. SSH supports its clients in delivering their inspiring work program and playing an instrumental role in achieving the Kingdom’s Vision 2030.
Gautam Sashittal, CEO of KAFD DMC, stated, “From the outset, our vision at KAFD DMC has been to develop and operate the hub as a 24/7 living district where tenants, residents, employees, and visitors can work, live, and play. We expect the district workforce and inhabitants to reach 100,000 by the end of 2024. As a result, we expanded our mixed-use offering and are excited about working with SSH to deliver better infrastructure with increased parking spaces and more hospitality, retail, and entertainment venues for our customers.”
KAFD boasts easy internal connectivity through the application of its 10-minute strategy. Supported by the availability of electric scooters and a ridesharing mobility solution, integrating information, technology, infrastructure, vehicles, and users, KAFD’s city navigation solutions are safe, smart, and sustainable. This 10-minute city within a city has built over 40 skybridges, providing visitors and residents with an effortless climate-controlled travel experience, which will be further enriched with the launch of a monorail service, connecting the entire district together.