Limitless lifts the lid on SR45 Billion Riyadh project |
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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
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