Top 10 plans for Saudi Arabia's $1 trillion capital
Saudi Arabia is vigorously advancing its urban development initiatives, including the expansive New Murabba Development in Riyadh, set to become the world's largest downtown by 2030 with a budget exceeding $50 billion. Diriyah Gate, spanning 7.1 million sq m, has projects worth $12.6 billion in execution and $9.5 billion in the design phase. King Salman Park, a 16 sq km urban park, has over $5 billion worth of projects underway, with completion targeted for 2030. Sports Boulevard, a 135 km park, has secured $3.1 billion in awarded projects.
Saudi Entertainment Ventures is progressing with entertainment districts, and Misk Nonprofit City, spanning 3.4 sq km, is taking shape as the world's first non-profit city. The ambitious King Salman International Airport aims to be one of the world's largest by 2030. Roshn, a government initiative, is boosting real estate development, and the National Housing Company is investing over $6.4 billion in suburban projects. Plans for a monumental 2 km tower in the North Pole development highlight Saudi Arabia's commitment to transformative urbanization.
