LIMITLESS CREATES ITS FIRST NEW COMMUNITY IN KSA


SR45 bn (US$12 bn), 1,400 hectare Al Wasl to be showcased at Cityscape

Dubai, 11 October 2007… Limitless, a global master development arm of Dubai World, will create a SR45 billion (US$12 billion) urban community in the Kingdom of Saudi Arabia, the company announced today (Thursday).

Al Wasl, on show at Cityscape Dubai from 16 October, is the first of several projects planned by Limitless in KSA. It will be developed on a 1411 hectare (14.1 million square metre) site north of the Saudi capital, Riyadh. Iconic, integrated, and designed to reflect and complement the natural environment of nearby Wadi Hanifa, Al Wasl will comprise a number of inter-connected districts, with more than 60,000 homes, as well as offices, hotels, mosques, health and educational facilities, shopping malls and sports amenities.

Saeed Ahmed Saeed, CEO of Limitless, said: “India is currently experiencing the biggest urban migration it has ever seen. As a result, there is a massive opportunity for us to demonstrate our core strengths of master planning, innovative developments and execution of large-scale projects.

There will also be extensive open spaces: 300 hectares – almost a quarter of the entire development – will be ‘green’, with landscaped parks and boulevards to connect each district within Al Wasl.

Saeed Ahmed Saeed, Chief Executive Officer of Limitless, said: “Riyadh’s population is growing by 150,000 – or three per cent – every year. Some 50,000 new homes are required annually to accommodate the capital’s rapidly-increasing numbers. Around five million people live in Riyadh today: in 20 years the figure will rise to eight million if the population continues to grow at current rates.

“Al Wasl is tailor-made to preserve traditional Saudi Arabian culture while creating a modern, self-sustaining community for more than 200,000 people. The project draws on our key strengths of master planning large-scale urban projects and creating sizeable, mixed-use communities. And it’s the first of many Limitless projects in the pipeline for KSA.”

Al Wasl will include:
more than 60,000 homes – a mixture of villas, townhouses and apartments;
over 300 hectares of green, open space;
one million square metres of office space;
three large mosques, each accommodating up to 2,000 people
more than 2,000 hotel rooms;
seven shopping centres, including a world class mall, with a total of 270,000 square metres of retail facilities;
schools and a university;
a hospital;
a sports stadium;
easy access to King Khaled International Airport – 15 minutes by car; and
an internal transit system providing convenient links to and from areas within the development.
Al Wasl is expected to break ground in mid-2008, with phased construction over seven years.
- ends -


Source:
http://www.limitless.ae/content/pressRelease11Oct07.aspx

Riyadhi already posted a thread about it :)
http://www.skyscrapercity.com/showthread.php?t=534043

By the way, Where is Riyadhi nowadays? He is hidingnowadays.

If any knows his mobile number, Please contact him to make sure that he is ok. I have not seen any of his posts for last couple days and this is unusual lol

:tyty:

^^ Woohoo he is here lol :lol: Welcome back

Location Map


http://aycu01.webshots.com/image/35360/2005309118326822651_rs.jpg

I've heard that they have some problems with the government regarding the heights of the apartment buildings since no such buildings existed there. If the government didn't allow them to do mid to high rise buildings, I think the total number of units will be reduced massively.

so no constriction yet gezz
btw it's too far from city!

^^^ Not at all. It is completely desert. I've seen a picture of the site, there is nothing at all. But, limitless is professional enough to accomplish such a project on time.

Limitless has made another annoucement today about Al Wasl Community. The only latest thing i noticed is 300 hectares of landscape and 50,000 homes (could be villa and apartment). The details will be revealed next week in Saudi Travel and Tourism Investment Market (STTIM).

The news as follow:


Limitless announces US$12 billion Riyadh project
by Michele Howe on Wednesday, 19 March 2008 Dubai-based developer Limitless has announced details of a new mega project in Saudi Arabia.

The US$12 billion Al Wasl project, to be located in the capital Riyadh, will cover more than 1,400 hectares and include over 300 hectares of green space. The development is expected to provide 55,000 homes.

Full details of the project will be unveiled at next week's Saudi Travel and Tourism Investment Market (STTIM), Limitless said.

The project will be a ‘sustainable, modern community' that is expected to create some 50,000 jobs, Saeed Ahmed Saeed, CEO of Limitless commented.

The Al Wasl project is the first in a number of projects planned for Saudi Arabia, the developer added.

Other projects by Limitless in the GCC region include the Arabian Canal and Downtown Jebel Ali developments, both located in Dubai.

The STTIM takes place 24 March in Riyadh.

http://www.ameinfo.com/150664.html

Thanks cool saudi. If someone gets a master plan of the project do post it here.

^^ this amount of units on that much of land, I think the equation for that part of the city is quite difficullt. Unless highrise buildings were permitted, I think that the total number of units would dramatically change..... Dunno!!

Current Riyadh residential demand is higher than the supply of residential units. Riyadh needs 3.5 to 4 million units and current riyadh supply is 2 to 2.5 million. Thats the reason rents are getting higher(unlike in Dubai where construction cost is high). Yes ofcourse construction material prices have also increased almost 40%.

Limitless goal is straight, to give supply as demanded. According to my intelligence, limitless is planning to make atleast 200,000 residential in Riyadh.

http://img362.imageshack.us/img362/8599/wasllb8.png


Source: Gulf Construction Magazine, May 2008

Limitless management is very very cautious in telling the details about the AL WASL.

Interesting thing is Limitless will only make 10% of the project while rest they will give it to other developers.

Limitless unveils plans for $12b Saudi project
Staff Report
Published: March 20, 2008, 00:38
Dubai: Limitless, a real estate development arm of Dubai World, said on Wednesday its 45 billion riyal ($12 billion) Al Wasl project in Saudi Arabia will have 50 mosques and eight shopping complexes.

The 1,411-hectare project, which was announced last October, will create 55,000 homes for 200,000 people.

There will be offices, several hotels, one university, health and educational facilities, and 300 hectares of green, open space.

"In delivering Al Wasl, Limitless will apply its key strengths of creating distinctive, large-scale, balanced projects.

"Al Wasl will bring together a tailor-made development that preserves traditional Saudi culture and a sustainable, modern community that will create some 50,000 jobs," Saeed Ahmad Saeed, chief executive officer of Limitless, said in a statement.

Al Wasl is the first of several projects in the pipeline for Limitless in Saudi Arabia, where 50,000 new homes are needed each year.

The project, one of the largest in the company's portfolio, is being developed near Riyadh.

Work on the development is expected to begin in the middle of this year, with the construction schedule spread over seven years.

A new render released during Dubai City Scape 2008

http://i36.tinypic.com/23howg2.jpg

Al Wasl ground works near completion

Dubai: Earthworks are nearly complete on the first phase of Al Wasl, Limitless' $12 billion, 1,400 hectare mixed-use community project near Riyadh, with more than 400 pieces of machinery on site for the final stages of ground levelling and clearance work, it was disclosed on Thursday.

Phase one of the project covers 310 hectares and will include 8,500 homes for 35,000 people, as well as mosques, offices, hotels, retail and education facilities, all connected by a convenient, environmentally-friendly transport system that will reflect the Limitless philosophy of moving people, not cars.

It is anticipated that Al Wasl will be constructed in five phases and, when complete, will have 55,000 homes accommodating more than 200,000 people; 300 hectares of green, open space; 55 mosques, eight malls, several hotels with conference facilities, offices, schools, a university and a hospital.

Ground work to be completd by february:)

excellent urban plan as shown on the render.

Al Wasl ground works near completion

Ground work to be completd by february:)

I don't believe that. It is simply not possible. Dar Al Arkan Project, their neighbor, Shams Al Riyadh, has been working on ground works for the last two years and not finished yet. How come Al Wasl, maybe 10 times Shams Al Riyadh, could be finished in less than 1 year.

???

I don't believe that. It is simply not possible. Dar Al Arkan Project, their neighbor, Shams Al Riyadh, has been working on ground works for the last two years and not finished yet. How come Al Wasl, maybe 10 times Shams Al Riyadh, could be finished in less than 1 year.

???

XP

Go to this site ( Tatweer no53 ) Page 42

You will find all what you want

http://www.arriyadh.com/ar/Tatweer/index.aspx

pic for the projecthttp://www.image-uploader.com/files/pxjyda97j72taf3kw0qm_thumb.jpg (http://www.image-uploader.com/viewer.php?file=pxjyda97j72taf3kw0qm.jpg)

http://www.image-uploader.com/files/jcr2i3vuqn25pptljmpg_thumb.jpg (http://www.image-uploader.com/viewer.php?file=jcr2i3vuqn25pptljmpg.jpg)

XP

Go to this site ( Tatweer no53 ) Page 42

You will find all what you want

http://www.arriyadh.com/ar/Tatweer/index.aspx

Thank you my dear. That was very useful,

:cheers:

http://i391.photobucket.com/albums/oo355/concube/081007CityScape/CityScape08_limitless6.jpg[/IMG
[IMG]http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/DSC01225-1.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/DSC01226-1.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/DSC01228-1.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/01.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/02.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/03.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/04.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/05.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/06.jpg

http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/07.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/08.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/09.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/10.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/11.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/13.jpg
http://images.remal.com.sa/thegulfbiz.com/images/exhibitions/estate/2008/14.jpg


:)

http://i391.photobucket.com/albums/oo355/concube/081007CityScape/CityScape08_limitless6.jpg

wow thats amazing thx mann

^^^^Thats Awsome !!!!
Thanks Never700

does riyadh had that much population.??

^^:sleepy: Its Rana again,,, Welcome back

does riyadh had that much population.??

Riyadh city alone around 5 millions

This project is awsome!!!! I like alot!

Too many fascinating projects on paper, non on reality.

yeah project like these one gonna take ages to complete

Hello everyone

Do u know what is going on with the Wasl Community??

http://www.image-uploader.com/files/wc4cygwlcq8nun1h78cq.jpg (http://www.image-uploader.com/)


http://www.image-uploader.com/files/e605xy1ao2cwdhpfk51o.jpg (http://www.image-uploader.com/)

Finally :)

all our cities and villages should be design like that,see how Miami planned and you will get what i want to say!

^^^^
:ohno: Brother you compare the first country in the world with here

big difference ,, there in Miami.... i know it so many lakes plus very developed people ,high class comunity,, very big difference my friend

المشروع توقف او يعمل؟

بالمس مريت من عنده بالليل

مافيه شي

المشروع واقف من اكثر من سنه

الشركه فتحت مركز مبيعات على طريق الملك فهد وأول مافتحو كانو يبيعون مربعات ارضي "يعني مجموعة بلكات مع بعض"

المشروع واقف من اكثر من سنه

الشركه فتحت مركز مبيعات على طريق الملك فهد وأول مافتحو كانو يبيعون مربعات ارضي "يعني مجموعة بلكات مع بعض"

الارض ملكهم او هم فقط مطورين؟!

لان لو ملكهم اتوقع بسبب اعادة الهيكلة لدبي العالمية وشركاتها ومن ضمنها ليميتس

الأرض للأمير سلمان ودخل معاهم شريك

لأن لو هم مطورين ماراح يقدرون يبيعون اراضي

اكتر من سنة ولا شي ايش صار ؟؟

-
This thing is dead ... limitless has faced a deadly financial crisis and
I'm not sure about their status these days

Countless number of projects by private sector are dieing in Saudi Arabia. We're not lucky at all -_- I was so happy seeing Salbouk turning like a haven in the middle of the desert!

Wait.. this project is in Salboukh? Salboukh!? I thought that was just a made-up word put up on highway signs for the lulz.

Actually there were 9 different proposals to develop the entire zone but apparently Durat Alriyadh is the only one survive! not sure what happened to Shams Alriyadh!

شمس الرياض راح يبدأ العمل فيه 2013

اما مشروع الوصيل الشركه لها مركز مبيعات على طريق الملك فهد أول ما فتحو كانو يبيعون بلكات من المشروع