Arabian Post Staff -Dubai
The Avenues Riyadh, a $4.58 billion project, has achieved 44.5% completion and is projected to open in early 2026. Located in northern Riyadh, this ambitious development promises to reshape the city’s retail landscape with its grand scale and distinctive design.
Spanning 390,000 square meters, the Avenues Riyadh is set to become one of the largest shopping destinations in the Middle East. The project is noted for its Salmani architectural style, which blends traditional Saudi elements with modern design principles. This fusion is expected to create a visually striking landmark in the region.
The Avenues Riyadh will feature a vast array of retail spaces, entertainment venues, and dining options, aiming to attract both local residents and international visitors. The development is being spearheaded by the Al Habtoor Group, which has a track record of delivering high-profile projects across the region.
Construction progress has been steady, with significant milestones achieved in the development of the mall’s infrastructure and exterior. The project’s design incorporates sustainable practices, including energy-efficient systems and environmentally friendly materials. This aligns with Riyadh’s broader urban development goals and sustainability initiatives.
Industry experts highlight the project’s potential to drive economic growth in the area. By attracting major global brands and providing a high-quality retail experience, the Avenues Riyadh is anticipated to boost tourism and create numerous job opportunities. The project also underscores Riyadh’s ambitions to enhance its status as a major regional commercial hub.
As construction continues, the focus will shift towards the interior development and finalizing tenant agreements. The Avenues Riyadh is set to feature a blend of luxury retail stores, entertainment options, and dining experiences, reflecting the city’s evolving consumer preferences and lifestyle aspirations.