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Projects Monitor 

Covering major construction projects in the Middle East
Updated: 23Mar12
 
Keppel Al Numu - Al Mada Towers
Country : Saudi Arabia
Project Value : USD 600,000,000 Estimated
Sector : Real Estate | Residential
Consultants : Aedas (Architect) |  Saudi Diyar Consultants (Design)
Profile Type :  Standalone Project
Phase:
Construction - Bid Evaluation
Completion: Q2 2014
 
 
Owner : Keppel Al Numu
Location :
Nawras, Jeddah, Makkah , Saudi Arabia
Contract Type : Construction
Facility Type : Residential Towers
Capacity : Land area: 454,000 sq. m. 
Built up area: 33,000 sq.m.  
1,000 residential units
Main Usage :  Residential  
Background Keppel Al Numu Development CompanyKeppel Al Numu Development CompanyLoading..., a JV of Saudi Economic and Development CompanySaudi Economic and Development CompanyLoading... (Sedco) and Keppel Land, plans to develop Al Mada Towers, a residential development along the Corniche Waterfront in Jeddah.

The project will be spread over an area of 454,000 sq.m. and will include 2 high-rise towers with 358m. high and 86 floors each including 1,000 residential units .

Saudi DiyarSaudi DiyarLoading... is the design consultant and AedasAedasLoading... is the architect.
Expected Events
Schedule Contract Phase/Phase Description
Apr 2012 ConstructionPiling and Construction contracts expected to be awarded
Q2 2014 CompletionProject expected to be completed
Latest Events In March 2012, the piling and main construction contracts were still under evaluation.

In April 2012, the piling and main construction contracts are expected to be awarded (delayed from Q4 2011).

In Q2 2014, the project is expected to be completed (delayed from 2013).
Previous Events On 30 August 2010, the bids for the construction contract were submitted.

In June 2010, the ITB for the main construction contract was issued.

In May 2010, the design was completed.

In January 2010, the ITB for the piling contract was issued.

In October 2009, the company was still waiting for the final construction approval to proceed with the project.

In April 2009, the company was waiting for the land permits.

In December 2008, the project was launched.

In September 2007, the project was announced.
Scope of Work Construction of a 33,000 sq.m. residential towers with 358m. high and 86 floors including:

- 1,000 residential units
- Infrastructure works: water, electricity, utilities and facilities
Project News
17-Oct-2007 New Projects Transform Jeddah Corniche Skyline - Saudi Press Agency

Project Schedule

ScheduleContract Phase/PhaseDescription
Sep 2007 PlanningProject announced
Dec 2008 PlanningProject launched
Jan 2010 ConstructionITB for the piling contract issued
May 2010 DesignDesign completed
Jun 2010 ConstructionITB for the main construction contract issued
30 Aug 2010 ConstructionBids for the construction contract submitted
 
Bidders
Apr 2012 ConstructionPiling and Construction contracts expected to be awarded
Q2 2014 CompletionProject expected to be completed

Project News

17-Oct-2007 New Projects Transform Jeddah Corniche Skyline - Saudi Press Agency
 
Keppel Al Numu
Owner 
South Tower, Red Sea Mall, 5th floor, King Abdul Aziz Road, Al Marjan District, P.O. Box 4384, Jeddah 21491, Saudi Arabia
Tel: +966 2-215-0836 | Fax: +966 2-215-0837
  • Name: Mamoun Khanfar
    Position: Project Manager
    Tel: +966 2-215-0836 ext:106
 
Aedas
Consultant - Architect
Bahrain Tower, Riyadh, P.O. Box 8953, Riyadh 12214-2393, Saudi Arabia Tel: +966 1-279-5235 | Fax: +966 1-279-5101 | Email: riyadh@aedas.com | Website: www.aedas.com
 
Saudi Diyar Consultants
Consultant - Design
Saudi Diyar Consultants Building, Block A, Prince Sultan Street, 24 North Jeddah, Al Nahda Area, P.O. Box 19413, Jeddah 21435, Saudi Arabia, Makkah
Tel: +966 2-699-9888 | Fax: +966 2-699-9777 | Email: info@diyar.com | Website: http://www.diyar.com
  • Name: Tareq Khoury
    Position: Project Architect
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