Riyadh, Saudi Arabia, August 12, 2025
News Summary
AECOM has been selected by Shomoul Holding as the project management consultant for The Avenues – Riyadh Phase II, a significant mixed-use development valued at over $4 billion. This phase, featuring a luxury shopping center and various mixed-use towers, aims to enhance the region’s appeal in business and innovation. With completion expected early next year, this project is aligned with Saudi Arabia’s Vision 2030 strategies, promoting economic diversification and growth.
AECOM Appointed Project Management Consultant for The Avenues – Riyadh Phase II
AECOM has been selected by Shomoul Holding to serve as the project management consultant and engineer for the second phase of The Avenues – Riyadh. This significant appointment comes on the heels of a successful delivery of the first phase of the project, which has laid the groundwork for an expansive development aimed at revitalizing Saudi Arabia’s business landscape.
The Avenues – Riyadh is a mixed-use project that sits prominently in North Riyadh City, Saudi Arabia. With a total investment exceeding $4 billion, the development will create new opportunities for commerce and innovation across the region. Spanning a total built-up area of approximately 1,870,000 m² with a leasable area of 370,000 m², the project is poised to be one of the largest mixed-use complexes in the Middle East.
The ambitious plans for the Avenues include a luxurious shopping center and five mixed-use towers that will feature hospitality, commercial, and residential spaces. This eclectic design aims to cater to a diverse audience, from high-end retailers to everyday consumers, enhancing the overall shopping experience in the region. Anticipated to open its doors in early next year, the project promises to be a cornerstone of Saudi Arabia’s retail and lifestyle offerings.
Through this development, AECOM aims to elevate Saudi Arabia’s regional standing in the areas of business and innovation, aligning closely with the country’s Vision 2030 initiative. This vision seeks to diversify the economy and reduce its reliance on oil by fostering growth across various sectors.
To manage this complex and expansive project, AECOM plans to utilize a range of advanced methodologies. Employing digital project management tools, data-driven dashboards, and lean construction techniques, the company aims to enhance project tracking and improve communications among stakeholders. This approach not only optimizes project management but also sets a new standard for development practices in the region.
With a strong background in delivering high-profile developments, AECOM brings extensive experience to the table. This recent appointment positions them strategically as leaders in creating innovative mixed-use environments, embodying a shift towards modern, integrated urban spaces.
As part of its ongoing commitment to global consulting excellence, AECOM was recently named the technical advisor and lead consultant for VicGrid in Australia in June, further showcasing its capabilities on an international scale.
The Avenues – Riyadh is more than just a development; it aims to redefine what it means to have a mixed-use environment in the Middle East. With the magnitude and complexity of this project, it will certainly contribute to the evolution of the region’s commercial landscape. The forthcoming phase of Avenues will not only cater to the current demands of consumers and businesses but also set a benchmark that others will aspire to achieve.
FAQ Section
What is The Avenues – Riyadh?
The Avenues – Riyadh is a large mixed-use project located in North Riyadh City, Saudi Arabia, featuring commercial, residential, and hospitality spaces.
How much is the total investment for The Avenues – Riyadh Phase II?
The total value of the project exceeds $4 billion.
When is The Avenues – Riyadh expected to open?
The project is anticipated to open early next year.
What is AECOM’s role in this project?
AECOM has been appointed as the project management consultant and engineer for the second phase of The Avenues – Riyadh.
What advanced methods will AECOM use in project management?
AECOM will utilize digital project management tools, data-driven dashboards, and lean construction methods.
Deeper Dive: News & Info About This Topic
Additional Resources
- World Construction Network
- Wikipedia: Development of the economy of Saudi Arabia
- CIO
- Encyclopedia Britannica: Saudi Arabia
- EIN News
Author: Construction NY News
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