AtkinsRéalis appointed as cost consultant for Phase II of The Avenues – Riyadh
Phase II of The Avenues Riyadh builds upon the success of its predecessor and introduces five towers that will house premium hospitality, commercial, and residential amenities
AtkinsRéalis has been appointed as the cost consultant for Phase II of The Avenues – Riyadh, a mixed-use development in the Kingdom of Saudi Arabia. This appointment, made by Shomoul Holding Company, signifies a pivotal moment in the evolution of Riyadh’s urban landscape and underscores AtkinsRéalis’ commitment to delivering transformative infrastructure in line with Saudi Arabia’s Vision 2030, said a statement.
Phase II of The Avenues Riyadh builds upon the success of its predecessor and introduces five towers that will house premium hospitality, commercial, and residential amenities. Strategically located along King Salman Road, this development aims to become a landmark destination for both residents and visitors. AtkinsRéalis will provide comprehensive cost consultancy services throughout both phases of the project.
“The Avenues – Riyadh represents a bold step forward in redefining urban experiences in the Kingdom. Our involvement reflects a shared commitment to excellence, innovation, and collaboration. We look forward to working closely with all stakeholders to deliver a destination that inspires and endures,” said Paul Doherty, Regional Country Director, AtkinsRéalis.
AtkinsRéalis envisions a collaborative approach with all partners and stakeholders to ensure the delivery of this large scale development. The project encompasses a three storey mall with nearly 370,000sqm of leasable space and ample parking for over 14,000 vehicles, making it one of the largest retail destinations in the region.
The firm’s scope of work includes cost planning, procurement advisory, and value engineering to support the client’s vision of delivering a commercially viable development. The company’s deep regional expertise and global delivery model position it uniquely to manage the complexities and ambitions of this project.
