| 19 Mar 2008 |
|
Limitless lifts the lid on SR45 Billion Riyadh project
- Text size
Al Wasl master plan unveiled at STTIM 2008
Dubai, 19 March 2008 ... LimitlessLimitless
, the global master development arm of Dubai World, will unveil details of its SR45 billion (US$12 billion), 1411 hectare Al Wasl project at the Saudi Travel and Tourism Investment Market (STTIM), on in Riyadh from 24 March.LimitlessLimitless - a strategic sponsor of STTIM 2008 - will showcase a 25 sqm model of the Al Wasl masterplan, which includes 55,000 homes for 200,000 people; offices; hotels; mosques; health and educational facilities; shopping malls, sports amenities and over 300 hectares of green, open space.
Saeed Ahmed Saeed, CEO of LimitlessLimitless, said: "In delivering Al Wasl, LimitlessLimitless will apply its key strengths of creating distinctive, large-scale, balanced projects. Al Wasl, meaning 'connection', will bring together a tailor-made development that preserves traditional Saudi culture and a sustainable, modern community that will create some 50,000 jobs."
Al Wasl is the first of several projects in the pipeline for LimitlessLimitless in Saudi Arabia, where 50,000 new homes are needed each year. The project plan includes:
- 55,000 homes - a mixture of villas, townhouses and apartments
- 300 hectares of green, open, communal space
- 55 mosques, including seven grand mosques
- eight shopping complexes, including world class malls
- several five star hotels, with conference facilities
- top-flight office facilities
- state of the art sports amenities
- schools, a university and a hospital
- an environmentally-friendly internal transit system
Other LimitlessLimitless projects
Malaysia International Halal Park, Selangor State, Malaysia: The world's first fully-integrated Halal centre and one of two projects for LimitlessLimitless in Malaysia, this 1115 hectare complex includes homes for 200,000 people, food manufacturing plants, training and research centres, offices, entertainment and retail facilities
Limitless Towers, Amman, Jordan: US$300 million, 200 metre residential twin towers that will be the tallest buildings in Jordan. Towers will be connected by the world's highest suspended swimming pool, 125 metres above Amman. First 'green' building in the country, with 600 luxury apartments as well as a retail, entertainment and leisure plaza
Moscow, Russia: 113 hectare development near Moscow, with 4,500 homes as well as schools, retail and commercial elements. The project is a 50-50 joint venture with leading Russian developer RDI, and will accommodate around 12,000 people
Puteri Harbour, Malaysia: US$450 million, 44 hectare development of landed waterfront homes - with individual berthing - and high-end condominiums. A 60-40 joint venture with UEM Land, this will be the country's first luxury waterfront enclave
Arabian Canal, Dubai, UAE: US$11 billion, 75 km man-made waterway - the biggest and most complex civil engineering project ever undertaken in the Middle East. LimitlessLimitless is also master planning a US$50 billion, 20,000 hectare canalside 'city' as part of the project
Bidadi, Bangalore, India: US$12 billion, 4,000 hectare mixed-use development, including 1,000 hectares of office/commercial space, near Bangalore. The first of five new towns planned by the Government for the outskirts of the city, Bidadi will house up to 750,000 people
Halong Star, Halong Bay, Vietnam: US$220 million, 125 hectare mixed-use development with residential units, hotels, and education, cultural and recreational facilities, overlooking Halong Bay, a UNESCO-sanctioned world heritage site
Downtown Jebel Ali, Dubai, UAE: US$13 billion, 200 hectare sustainable, mixed-use development consisting of four quarters, each with its own iconic, individually-themed plaza. Downtown Jebel Ali will have nearly 330 buildings, including 237 residential towers
-Ends-
Note to editors:
Limitless LLCLimitless LLC, a Dubai World company, is an integrated global real estate developer across all market segments, delivering distinctive, sustainable developments. Established in July 2005 and built upon the philosophy of 'delivering distinction', LimitlessLimitless has three specific areas of expertise: master planning large urban communities, waterfront development and the implementation of large scale balanced projects.
LimitlessLimitless website: www.limitless.ae
Media enquiries:
Rebecca Rees
+971 4 375 9733
Rebecca.rees@limitless.ae
© Press Release 2008
Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.
Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer
Loading ...
Post a Comment
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.