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In September 2023, Jeddah Central Development Company launched Jeddah Central, a $20 billion project to develop central Jeddah. The project spans over an area of 5.7 km 2 and includes 4 main landmarks, which are: a stadium, museum, oceanarium and opera house. [6] The stadium is expected to host both 2027 AFC Asian Cup and 2034 FIFA World Cup. [7]
Jeddah Central (Arabic: وسط جدة) is an urban development project under construction in Jeddah, Saudi Arabia. Jeddah Central project is developed by Jeddah Central Development Company (JCDC), one of companies founded by the Saudi Public Investment Fund .
Jeddah Economic City, previously known as Kingdom City, is a 5,202,570 m 2 (56,000,000 sq ft) project approved for construction in Jeddah, Saudi Arabia. [1] The project is designed by the Kingdom Holding Company , a firm owned by Prince Al-Waleed bin Talal . [ 1 ]
Saudi Downtown Company [60] Urban development – Real estate development: 2022-10-03 Savvy Games Group [61] Gaming – Esports: 2022-01-26 Al-Ula Development Company [62] Hospitality – Real estate development: 2023-01-30 Al Balad Development Company [63] Hospitality Tourism: 2023-10-03 Jeddah Central Development Company [64]
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The area is located roughly 20 km (12 mi) north of the port city of Jeddah. Jeddah Economic City was designed by HOK Architects, [21] and is estimated to cost at least SR75 billion (US$20 billion) and take around ten years to build. [22] The development is envisioned to grow into a new district of Jeddah. [23]
The development is expected to cost about $600 million. [citation needed] The tower was designed by Saudi Diyar Consultants. The Construction Management Service is by MIDRAR. [citation needed] The Lamar company is the main developer of the project and Drake & Scull Construction are the main contractors for this landmark development.
Skyline of Al-Balad (Jeddah Downtown) Jeddah is one of the governorates of Makkah Region and is located in the west of Saudi Arabia on the Red Sea coast. The province is located 949 km from the capital Riyadh, and is 79 km from Mecca, 420 km away from Medinah, the economic and tourist capital of Saudi Arabia, and is considered the first destination in the Kingdom for tourists both inside and ...