Madinah Downtown – Entertainment & Retail

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Overview

Developing an entertainment and retail destination in Madinah which will serve as an upgrade of the City’s L&E offering, project configured around a large park

 

Madinah Downtown’s Key Objective

  • Develop a centralized “entertainment hub” that offers retail shops, F&B, entertainment venues, outdoor and indoor elements, shopping boulevards, and pedestrian friendly park areas.
  • The development will be positioned as the “downtown” area of Madinah given its objective of serving as the city’s central point of activities.
  • The key strengths of the Project are:
    • Largest shopping destination in the Madinah
    • Most diversified entertainment offering in one location
    • Integrated hospitality offering with large banquet and event facilities
    • Large pedestrian friendly, event-oriented park which includes cultural village
    • Utilization of glass roofs to give “outdoor feel” along boulevards and other retail districts

Opportunity Details

Emerging Sectors
Sector
Hajj & Umrah
Sub-sector
Madinah
Location
SR 1.900 Million
Investment size
Open to start the project as soon as possible
Timeline

Investment Model

Model: SPV with Long Term Ground Lease

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