Saudi Arabia

ROSHN Group announces plans for a landmark 45,000-seat stadium in Southwest Riyadh

Synopsis

Roshn Group, a real estate developer in Saudi Arabia, has announced plans for a new stadium in Southwest Riyadh. The Roshn Stadium, covering 450,000 square metres and seating 45,000, will feature retail, dining, and hospitality spaces. Designed with a modern crystalline look, it aims to host international events and enhance Riyadh's appeal. The stadium will integrate advanced sustainability features, including solar panels and effective ventilation. This project supports Saudi Vision 2030 by improving quality of life and boosting economic growth.

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Roshn Group, a prominent real estate developer in Saudi Arabia and a Public Investment Fund (PIF) company, has unveiled plans for a stadium in Southwest Riyadh. This iconic venue will accommodate 45,000 seats across 450,000 square metres. The project integrates a mix of retail outlets, dining options, and hospitality spaces. At its core is a versatile sports and events arena designed with an open and unified layout, seamlessly connecting various amenities. The Roshn Stadium aims to become a symbol of modernity in Southwest Riyadh, featuring a contemporary crystalline design that reflects the local urban and architectural heritage of Saudi Arabia's central region.

The stadium marks a significant milestone in Roshn's growth into mixed-use developments, including sports facilities, highlighting the group's dedication to improving quality of life through sustainable real estate projects in alignment with Saudi Vision 2030. Visitors will benefit from various amenities, including sports facilities, walkways, and public green spaces, making it a vibrant destination.

It is designed to meet the standards for hosting major international sporting events, as well as other entertainment, cultural, and social gatherings. Its sustainable design features advanced technologies for water and energy management, including solar panels integrated into the infrastructure. The roof design promotes optimal air circulation, providing adequate ventilation and regulating sunlight exposure within the stadium during the day.

Dr Khalid Johar, Acting CEO of Roshn Group, stated that Stadium represents their strategic shift as a multi-asset class developer. They are proud to embark on this ambitious project, which will enhance quality of life, support economic growth in line with Saudi Vision 2030, and offer a unique gathering space in Riyadh. This project will also increase the Kingdom's appeal for hosting international events and sports competitions.

The announcement of Roshn Group's plans for a state-of-the-art stadium in Southwest Riyadh marks a significant step towards realising the aspirations of Saudi Vision 2030. With its modern design, advanced sustainability features, and an array of amenities, the stadium is set to become a key destination for international sports and cultural events, enhancing the overall quality of life in the region. Dr Khalid Johar's emphasis on the project's strategic importance underscores Roshn's commitment to transforming Riyadh into a vibrant hub for global activities. This ambitious development not only aligns with national goals but also promises to foster economic growth and community engagement in the Kingdom.

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