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Al Othaim unveils $1.8bn Konoz development in Riyadh

Konoz aligns with the vision to turn Riyadh into a premier destination

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Abdullah Al Othaim Investment Company has unveiled its project Konoz development at $1.86 billion in Riyadh.

The development will feature an entertainment city, a luxury hotel and premium residential offering in addition to commercial, F&B and retail outlets.

Designed by the architecture firm Benoy, the project spreads over an area of 50,000 sqm. This includes 15,000 sqm of green areas, parking for 5,500 vehicles, a 120,000 sqm commercial centre, 120 serviced residential apartments, and 700-unit residential apartment complex.

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