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The project consists of 95 buildings, including 61 towers, and combines residential solutions, work and entertainment over a space of more than 1.6 million square meters. It will provide more than 3 million square meters of space for various uses, 62,000 parking spaces and accommodation for 12,000
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The project is considered to be long overdue and needed for a city of the size and position of Riyadh. The key issue with the project was timing as it was announced and incepted during the 2008 financial crisis. A number of local and international commentators highlighted the potential oversupply
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Upon completion, KAFD is expected to host around 50,000 residents. As Riyadh is characterized by its high temperature, a solar system will be installed to cool the passenger bridges that will act as a network that connects 30 buildings together.
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Within the area there will also be a 3.5 kilometres (2.2 mi), six station monorail system. In addition all buildings will be linked by an air-conditioned skywalk system enabling pedestrian access across the entire development.
306:. The station covers an area of 45,000 m and is located at the east of the Northern Ring Road. It will connect to metro lines 1, 4, 6, and the KAFD monorail. The station is designed by
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199:. The district was previously being managed by the Rayadah Investment Corporation on behalf of the Pension Authority of the Kingdom of Saudi Arabia. The district is the largest
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issue with the project. However, others, such as Hans
Mueller in Saudi Real Estate Companion, believe that the market will be able to absorb the supply in the medium term.
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for the development. The design guidelines do not separate the genders in the district. The KAFD master plan was designed and overseen by Danish architectural firm
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were commissioned to design individual buildings in the district, such as the 380-meter PIF Tower (HOK and
Omrania). Additional design work was provided by
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Managed by the King
Abdullah Financial District Development and Management Company (KAFD DMC), a wholly-owned subsidiary of the Kingdom's
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631:"Hill International Receives Contract Extension on the $ 7.8 Billion King Abdullah Financial District in Riyadh"
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residents. In 2011, it was the largest project in the world seeking green building accreditation.
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649:"Saudi Arabia is building a $ 10 billion city on the sand — here's what it will look like"
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579:"Saudi Arabia is building a future for its millennial population - Archpaper.com"
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743:"King Abdullah Financial District (KAFD) Metro Station – Zaha Hadid Architects"
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187:) is a mixed-use financial district located in the al-Aqeeq neighbourhood of
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King
Abdullah Financial District now the world's biggest green development
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718:"Riyadh's new financial hub struggles with ownership uncertainty"
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694:"Saudi office space glut dampens demand in H1: Knight Frank"
264:. The project was at one point estimated to cost 29 billion
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370:"Master Plan For King Abdullah Financial District Approved"
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Platinum certified mixed-use business centre in the world.
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Riyadh King
Abdullah Financial District: Phase 2: Towers
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and is one of four major stations on the metro network.
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King
Abdullah Financial District (KAFD) Metro Station
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478:"KAFD receives renowned LEED Platinum certification"
279:The first phase was expected to open by July 2017.
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673:"JLL Riyadh Real Estate market Overview Q1 2013"
440:"Saudi Mobile Operators End Free Global Roaming"
560:Saudi Urban Projects Are a Window to Modernity
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539:Bombardier wins $ 241m Saudi monorail contract
232:won a $ 241m contract to build an automated
223:AMC Cinema (formally KAFD Conference Center)
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258:W Architecture & Landscape Architecture
240:. International architecture firms such as
420:"Saudis Plan Middle East Financial Center"
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16:Financial district in Riyadh, Saudi Arabia
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810:Proposed infrastructure in Saudi Arabia
260:. The CEO of the company, KAFD DMC, is
20:King Abdullah Financial District (KAFD)
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334:List of things named after Saudi Kings
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298:The district will be served by the
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790:Buildings and structures in Riyadh
395:"King Abdullah Financial District"
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173:King Abdullah Financial District
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302:on the under-construction
131:Gautam Krishna Sashittal (
238:Henning Larsen Architects
185:مركز الملك عبدالله المالي
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757:"Riyadh Monorail Design"
805:Finance in Saudi Arabia
215:Night view (March 2023)
93:Saudi Pension Authority
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291:KAFD metro station of
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197:Public Investment Fund
147:Public Investment Fund
77:; 17 years ago
308:Zaha Hadid Architects
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61:Office Space Provider
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795:Geography of Riyadh
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647:Garfield, Leanna.
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124:Aiman Almudaifer (
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800:Economy of Riyadh
611:. 30 January 2016
484:. 18 January 2021
448:. April 27, 2013.
324:KAFD Grand Mosque
268:($ 7.8 billion).
254:Foster + Partners
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401:. 2013-09-10
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376:. 2007-03-08
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339:Digital City
329:Riyadh Metro
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304:Riyadh Metro
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293:Riyadh Metro
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266:Saudi riyals
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193:Saudi Arabia
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109:Saudi Arabia
98:Headquarters
761:e-architect
44:Native name
784:Categories
728:2017-08-06
703:2017-05-31
698:ArgaamPlus
658:2019-02-10
615:31 January
588:2018-11-19
488:7 December
405:2023-03-14
380:2024-03-14
357:References
230:Bombardier
117:Key people
82:2007-03-08
65:Smart City
374:Arab News
283:Transport
207:Structure
67:Solutions
318:See also
234:monorail
126:Chairman
57:Industry
767:29 June
722:Reuters
246:Omrania
153:Website
90:Founder
80: (
72:Founded
189:Riyadh
181:Arabic
103:Riyadh
676:(PDF)
160:.kafd
143:Owner
769:2021
617:2016
508:MEED
490:2022
464:MEED
399:MEED
201:LEED
177:KAFD
680:JLL
250:SOM
242:HOK
164:/en
162:.sa
158:www
133:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
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