Table of Content
Crown Prince Mohammed bin Salman has unveiled the New Murabba Development Co., a groundbreaking project set to redefine downtown Riyadh.
Focused on sustainability and well-being, it introduces:
Sustainable Oasis
- Green spaces and cycling paths
- Community activities promoting healthy lifestyles
Cultural and Entertainment Hub
- Multipurpose theater
- Museum
- Technology and Design University
- Over 80 entertainment and cultural venues
Impressive Scale
Covering 19 square kilometers, the project will house hundreds of thousands, featuring:
- 104,000 residential units
- 9,000 hotel rooms
- 980,000 square meters of retail space
- 1.4 million square meters of office space
- 620,000 square meters of leisure assets
- 1.8 million square meters of community facilities
The Mukaab: An Architectural Marvel
Central to the development is the Mukaab, a groundbreaking structure of immense significance:
1. Unique Design
- Cube-shaped, measuring 400 meters in height, width, and length
- Drawing inspiration from the modern Najdi architectural style
2. Technological Marvel
- Utilizing cutting-edge digital and virtual technology
- Featuring the latest in holographic innovations
3. Extensive Space
- Towering over a spiral base
- Covering a staggering 2 million square meters of floor space
A Catalyst for Growth
The Mukaab is an integral part of the Public Investment Fund’s strategy, set to:
- Contribute approximately $50 billion to the non-oil economy
- Create 334,000 direct and indirect jobs by 2030
- Reach completion by the same year
A Bright Future for Riyadh
In summary, the New Murabba Development Co. and the Mukaab represent a significant leap towards transforming downtown Riyadh into a sustainable, innovative, and globally competitive hub, offering a unique experience for residents and visitors alike.