Project Description
Al Wedyan – Riyadh, KSA
Type
Mixed Use Residential, Commercial, Retail and Hospitality
Cost and Size
SAR 60 Billion – 7 million Sq. Meters
Special Characteristics
Luxurious Living and lifestyle, Theme Park and Water Park, Large scale central park and Self Regulatory
Location
Al Khor, Qatar
Start Date
March 2017 ( 12 year phased construction programme)
Demand Drivers
In line with Vision 2030 and directives. Chairman’s desire to establish a legacy for a model modern development encompassing community living.
- Feasibility Studies & Strategy:– Highest and Best Use, Valuation of Land
- Bank Investment Port-Folio Investment Strategy, Financial Analysis, P&L, Cashflow et al, Business Plan (full and detailed)
- Various feasibility studies on vertical developments have already been conducted, or are under process (theme park, water park, theme park hotel, Moroccan Resort, Peer Group Study for Residential Units, etc.)
- Concept and Detailed MasterPlan Approval – ADA and TIS
- Investor Event – 300 VIPs – Soft Product Release
Companies Involved
Riyadh Capital, Al ImnaInvest, PECSA, POSCO, ATKINS, AECOM, Latham & Watkins, Al Tamimi, F&G, KEO, JLL , DELOITTE, PWC, ATKINS Accuity, Binyah, AkariaHanmi, Postmate, SAKOM, North25, 5+Design, SAP, & Government Agencies
Our Added Value
Improved all feasibility studies, reduced prices with knowledge and cost consultant, created SRO, established MOU’s with government and private