Riyadh Holding Company, the investment and executive arm of the Riyadh Municipality , has commenced expansion and development work on the Ibn Qasim Center. This project aims to increase the center's capacity, enhance its commercial activity, and upgrade its facilities, covering an area exceeding 153,000 square meters. The expansion is an extension of the existing center, which spans approximately 283,000 square meters, and is part of ongoing efforts to develop and improve the efficiency of commercial and urban destinations in the capital to better meet the needs of visitors and businesses.
95,000 square meters of new commercial space
The project includes the addition of more than 95,000 square meters of commercial space, in addition to allocating 31,000 square meters for forest areas, as well as developing 70,000 square meters that include gardens and pedestrian walkways.
The development work also includes the creation of 50 galleries dedicated to collectibles and heritage pieces, which expands the scope of activities within the center and adds new uses alongside the existing commercial activity.
The project works focus on reorganizing and improving the efficiency of the center's components, while providing diverse commercial options and developing public spaces and pedestrian walkways, thereby enhancing the experience of visitors and traders and increasing the center's attractiveness and the sustainability of its activity.
Developing a center linked to the history of Riyadh
Ibn Qasim Center is a commercial destination linked to the history of Riyadh and its commercial activity. The project aims to preserve its identity and heritage while adding new components that meet current and future needs.
The development works come in light of the urban growth witnessed by the capital, which enhances the center’s role as an integrated commercial destination that combines commercial activities, public spaces and heritage-related components.
The project falls within the role of “Riyadh Holding” in developing and managing urban assets and destinations, raising their efficiency and maximizing their economic and urban value, in order to support the creation of integrated and sustainable destinations that keep pace with the rapid development witnessed by the city of Riyadh.
