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.