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Emaar Plans 168M-SM Project in Saudi

JEDDAH-The Dubai-based company has increased the size of six major components of its massive development along the Red Sea.

By Anita Howarth | Updated on October 25, 2006

JEDDAH-Emaar has increased–massively–the size of its largest-ever development in the Middle East, King Abdullah Economic City in Saudi Arabia to span 168 million sm. The Dubai-based company has increased the size of six major components: the port; the industrial district; the CBD (including commercial, mixed-use, retail and Financial Island); the resort, the educational zone; and the residential portion.

The new city will comprise: 13.8 million sm of port development; 40 million sm (five times the size originally planned) of industrial; 3.8 million sm of CBD, including offices, hotels and mixed-use commercial space; 8.7 million sm of retail (compared to 3.3 million sm originally planned); 25,000 hotel rooms in 120 hotels (rather than the original 12,000 rooms in 60 hotels); 250,000 apartments and 25,000 villas (originally, it was 110,000 apartments and 16,000 villas); 4.5 million sm of parks, 4.9 million sm of new water canals and 75 km of pedestrian promenade; 550 mosques including several Grand Mosques in the residential zones; several schools and university campus for 18,000 students; a sports stadium with 45,000 seats.

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