With a cost of 7 billion riyals, a rental area of 400 thousand square meters and a total construction area of more than 1.7 million square meters, the \u201cAvenues\u201d complex shines as the largest commercial complex in the Middle East. The complex is located on King Salman Road and King Fahd Road, and extends on an area of 390 thousand square meters, and the complex is linked to the Riyadh Metro through the blue track, which will earn it a strategic location that makes it the focus of attention of shoppers, tourists and other tourism, entertainment and shopping users.<\/p>\n
In addition to the mall, the project includes towers that include five- and four-star hotels, residential apartments, a medical center, offices, and parking lots for about 16,000 cars, which will make it a preferred place for shopping, entertainment, and residence in the Kingdom.<\/p>\n
Mohammed bin Abdulaziz Alshaya, Chairman of the Board of Directors of Shamool, which owns the project, said in previous statements that The Avenues Riyadh is one of the vital projects that provide added value and contribute to the development of the national economy by providing more than 30,000 job opportunities for the central region in addition to its role in enhancing the attractiveness of the Kingdom's capital, Riyadh, on the tourism level, as well as contributing to the services and retail sectors.<\/p>\n
The company aims to manage industrial, commercial and service projects, hotels, restaurants, supermarkets, residential and commercial complexes, and tourist resorts, as well as buying land, constructing buildings on it and investing them by sale or lease for the benefit of the company, in addition to developing, managing, operating and maintaining the property and organizing and managing permanent and temporary exhibitions, and is expected to complete construction in 2019.<\/p>","protected":false},"excerpt":{"rendered":"
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