What a busy month it has been for the construction industry! As anticipated from the million-dollar agreements, government agendas, and sustainability goals set this year, it comes as no surprise that January welcomed its fair share of new project launches.
From EV battery recycling facilities and carbon-neutral buildings to Aston Martin-designed interiors and the first hotel in NEOM’s Oxagon, there is a clear variety of projects to crowd 2023’s pipeline.
Detailing each project’s unique features, Construction Week Saudi has narrowed down the top 4 launches from the kingdom in the month of January.
Please note that this list is not a ranking.
Saudi Arabia’s top project launches in January 2023 were:
1. YOTEL: The first hotel in Oxagon, NEOM
Type: Hotel
300 keys
YOTEL, a global hospitality brand, has announced its first hotel signing in Saudi Arabia. Scheduled to open in 2025, the YOTEL property will also be the first hotel to open in Oxagon, which will be the home of advanced and clean industries in NEOM.
Upon check-in, guests will be immersed in the bustling energy of the innovation eco-system within the district. Featuring 300 rooms, the hotel will showcase YOTEL’s latest features including the brand’s signature robotic concierge, motorised SmartBeds™, and fully integrated technologies which YOTEL is known for.
The partnership marks the latest hotel agreement with NEOM’s Hotel Development, the division responsible for building a future-centric hospitality ecosystem in the Northwest corner of Saudi Arabia.
Click here to read more.
2. SABIC: SABIC Jubail headquarters
Type: Commercial building
66,000m2 total land area
SABIC has inaugurated its iconic building in the Saudi industrial city of Jubail, keeping pace with mega development projects contributing to strengthening the kingdom’s global position as a major player in the fields of investment, economy, and business.
Built on a total land area of 66,000m2, the building has a built-up area of 254,000m2, accommodating more than 3,600 employees.
It was built using SABIC steel, and 77% of the building’s purchases for mechanical, electrical and finishing work were made locally.
The design of the building is inspired by SABIC’s core values: inspire, engage, create and deliver and derived from the pattern of a crystal, expressing the nature of SABIC’s work where various elements harmonize in one fabric.
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3. Saudi Entertainment Ventures (SEVEN): Entertainment project in Tabuk
Type: Entertainment destination
$267 million
Saudi Entertainment Ventures (SEVEN) has announced the beginning of construction of its entertainment destination in Tabuk at the Municipal Investment Forum (Furas), organised by the Ministry of Municipal and Rural Affairs (MoMRA).
With a development value of more than $267 million, SEVEN’s entertainment destination in Tabuk will transform the entertainment landscape in the region with a wide range of attractions and experiences.
Designed by world-renowned architects, Gensler, SEVEN’s entertainment destination in Tabuk is set on over 72,500m2 of built-up area and on a land area of 40,000m2.
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4. The Chedi Trojena:
Type: Hotel
Iconic residential village
General Hotel Management Ltd (GHM), has signed a strategic agreement with NEOM Hotel Development, to manage The Chedi Trojena, which will become an iconic residential village in one of Trojena’s six distinctive clusters: Gateway, Discover, Valley, Explore, Relax and Fun.
The hotel’s location in the Relax Cluster will serve as a sanctuary for reflection, recreation, and rejuvenation with world-class wellness programmes.
Its design blends harmoniously with the surrounding landscape, with nature trail paths and a thoughtful public realm for healthier living.
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