Lifestyle
As a new hub of modern developments, The Kingdom is now being put on the global map.
Saudi Arabia’s Crown Prince Mohammed bin Salman announced the launch of the New Murabba Development Co. aimed to transform Riyadh’s landscape completely as part of the country’s 2030 vision,
This expansive area will highlight a living, working and entertainment experience all in one with sustainability at its core, featuring green areas along with walking and cycling paths for visitors and residents to embrace an active lifestyle.
The project will offer more than 25 million metre square of floor area, featuring more than 104,000 residential units, 9,000 hotel rooms, and more than 980,000 metre square of retail space, as well as 1.4 million metre square of office space, 620,000 m2 of leisure assets, and 1.8 million m2 of space dedicated to community facilities.
Keeping in line with the Saudi Vision 2030, this magnificent project, will feature an iconic museum, a technology and design university, a multipurpose immersive theatre, and more than 80 entertainment and culture venues.
The project will be situated over an area of 19 square kilometers, to accommodate hundreds of thousands of residents. #NewMurabba#TheMukaab#SPAGOV pic.twitter.com/a0swlIwKaI
— SPAENG (@Spa_Eng) February 16, 2023
Situated 20 minutes from the airport, the concept will include a 15-minute walking radius and have its own internal transport system for convenience and ease of travel.
By taking inspiration from the modern Najdi architectural style, the area will host the Mukaab which will be one of the largest built structures in the world, standing 400m high, 400m wide, and 400m long.
Overall, this project is expected to add around $50 billion to the non-oil economy and create 334,000 direct and indirect jobs within the county. As an additional source of income for the economy, the project is part of the Public Investment Fund’s strategy to contribute to new and upcoming projects.
Due to be ready in 2030, many more developments in the Kingdom are in the pipeline.
