Connecting intelligence with intelligence

×

Projects Monitor 

Covering major construction projects in the Middle East
Updated: 22Dec11
 
Limitless - Al Wasl Community
Country : Saudi Arabia
Project Value : USD 12,000,000,000
Sector : Real Estate | Community Development
Profile Type :  Standalone Project
Phase:
Construction - Execution
Completion: 2018
 
 
Owner : LimitlessLimitlessLoading... - UAE
Location :
North of Riyadh , Saudi Arabia
Contract Type : Construction
Capacity : Total land area: 14 million sq.m. 
200,000 residents 
55,000 homes
Main Usage :  Community Development  
Background LimitlessLimitlessLoading..., a Dubai World CompanyDubai World CompanyLoading... plans to develop Al Wasl Community in Saudi Arabia, north of the capital Riyadh.

Al Wasl will be developed on an area of 14 million sq.m. and will consist of a number of interconnected districts and will include more than 60,000 homes (a mixture of villas, townhouses and apartments); over 300 hectares of green, open space; 1 million sq.m. of office space; three large mosques, each accommodating up to 2,000 people; more than 2,000 hotel rooms; 7 shopping centres, including a world class mall, with a total of 270,000 sq.m. of retail facilities; schools and a university; a hospital; a sports stadium; easy access to King Khaled International Airport (15 minutes by car); and an internal transit system providing convenient links to and from areas within the development.

The project will be executed in 5 phases over 10 years.

Phase 1 covers a 3.1 million sq.m. area and includes the construction of 8,500 homes (that accommodate 35,000 people), mosques, offices, hotels, retail and education facilities, and the scope of other phases was not revealed yet.

Once completed, the project will accomodate more than 200,000 residents.
Expected Events
Schedule Contract Phase/Phase Description
2018 CompletionProject expected to be completed
Latest Events As of December 2011, no expected schedule was yet revealed to proceed with the project.

In 2018, the project is expected to be completed.
Previous Events In February 2009, the earthworks and groundworks of phase 1 were completed.

In October 2007, the project was announced.
Scope of Work Infrastructure works including road, water, sewage, electrical and telecommunication networks.

Construction of a 14 million sq.m. community development including:

- more than 60,000 homes (a mixture of villas, townhouses and apartments)
- over 300 hectares of green, open space
- 1 million sq.m. of office space
- 3 large mosques, each accommodating up to 2,000 people
- more than 2,000 hotel rooms
- 7 shopping centres, including a world class mall, with a total of 270,000 sq.m. of retail facilities; schools and a university; a hospital; a sports stadium; and an internal transit system.
Project News
08-Jan-2009 First Al Wasl groundworks near completion - Press Release
17-Nov-2008 Wasl to expand several properties in Dubai - Emirates 24|7
25-Mar-2008 Limitless unveils Saudi development - Gulf News
25-Mar-2008 Limitless showcases first Saudi project at STTIM - Khaleej Times
24-Mar-2008 Limitless CEO unveils SR45 Billion Al Wasl to Prince of Riyadh - Press Release
20-Mar-2008 Limitless to launch Dh44b Al Wasl project in Riyadh - Khaleej Times
06-Nov-2007 Limitless-ville in KSA - Gulf Marketing Review
12-Oct-2007 Limitless to build $12b project in S. Arabia - Khaleej Times
12-Oct-2007 Limitless to build Dh44bn Saudi project - Emirates Today
12-Oct-2007 Limitless to develop $12b project in Saudi Arabia - Gulf News
» More News
» More News

Project Schedule

ScheduleContract Phase/PhaseDescription
Oct 2007 PlanningProject announced
Feb 2009 ConstructionEarthworks and groundworks of phase 1 completed
2018 CompletionProject expected to be completed

Project News

08-Jan-2009 First Al Wasl groundworks near completion - Press Release
17-Nov-2008 Wasl to expand several properties in Dubai - Emirates 24|7
25-Mar-2008 Limitless unveils Saudi development - Gulf News
25-Mar-2008 Limitless showcases first Saudi project at STTIM - Khaleej Times
24-Mar-2008 Limitless CEO unveils SR45 Billion Al Wasl to Prince of Riyadh - Press Release
20-Mar-2008 Limitless to launch Dh44b Al Wasl project in Riyadh - Khaleej Times
06-Nov-2007 Limitless-ville in KSA - Gulf Marketing Review
12-Oct-2007 Limitless to build $12b project in S. Arabia - Khaleej Times
12-Oct-2007 Limitless to build Dh44bn Saudi project - Emirates Today
12-Oct-2007 Limitless to develop $12b project in Saudi Arabia - Gulf News
» More News
 
Limitless
Owner 
Building 1, 1st Floor, Al Sufouh Road, Nakheel Sales Center, P.O. Box 261919, Dubai, United Arab Emirates, Dubai
Tel: +971 4-375-9666 | Fax: +971 4-375-9777 | Email: info@limitless.com | Website: http://www.limitless.com
  • Name: Rebecca Rees
    Position: Corporate Communications Manager
    Email rebecca.rees@limitless.com
  • Name: Phillip McNeil
    Position: Project Manager
    Tel: +971 4-360-1818
Print
 
  • SEARCH MIDDLE EAST PROJECTS
 
 
 
 
Panel