AECOM has been chosen by Shomoul Holding to serve as the project management consultant and engineer for the second phase of The Avenues – Riyadh, a mixed-use project in North Riyadh City, Saudi Arabia.
This follows the successful delivery of The Avenues Phase I.
Go deeper with GlobalData
The project aims to elevate Saudi Arabia’s regional position in business and innovation.
AECOM Middle East and Africa region CEO Hamed Zaghw said: “We are honoured that Shomoul Holding Company has entrusted us to extend our key role on The Avenues – Riyadh.
“This award is a testament to the transformational outcomes we are delivering for our clients across the kingdom, and we are excited to shape a development that aligns with [Saudi Arabia’s] Vision 2030 and sets a new benchmark for mixed-use environments in the Middle East.”
Valued at over $4bn, the project spans 1,870,000m² of built-up area and 370,000m² of leasable area. It will feature a luxury shopping centre and five towers with mixed-use functionalities such as hospitality, commercial, and residential spaces.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe Avenues – Riyadh is set to open early next year.
AECOM Arabia chief executive Jason Kroll said: “This appointment builds on our track record of delivering complex, high-profile developments that shape the cities of tomorrow.
“Our integrated team brings deep regional experience, digital delivery capabilities and industry-leading expertise in sustainability, and we look forward to collaborating with our partners to bring this world-class destination to life.”
AECOM will utilise advanced digital project management tools, data-driven dashboards, and lean construction approaches to optimise project tracking and enhance stakeholder communications.
This June, AECOM was named as the technical advisor and lead consultant for VicGrid, a newly formed Victorian government agency in Australia.
