10 Muharram 1446 - 16 July 2024
    
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Eye of Riyadh
Business & Money | Wednesday 24 April, 2024 10:08 am |
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DIRIYAH COMPANY ANNOUNCES ZALLAL, DIRIYAH’S FIRST MIXED-USE COMMERCIAL OFFICE AND RETAIL OFFERING

Diriyah Company today has announced details of Zallal, its first major mixed-use commercial office and retail project that is set to open in the first half of 2025 in the Bujairi District.

 

Construction is now well underway and when completed will include two low-rise office buildings with a combined leasable area of approximately 6000 square meters and 12 mixed retail and F&B outlets over an area of approximately 8000 square meters. The project has already received very positive reactions from prospective tenants, and advanced leasing negotiations are well underway with several companies and organisations.

 

Zallal is strategically located next to the popular Bujairi Terrace – and will benefit from proximity to a venue that already attracts thousands of visitors daily. The offering is also near the recently completed Diriyah Art Futures, and soon to open Bab Samhan Hotel. 

 

Diriyah Company’s Group CEO Jerry Inzerillo said: "We have been delighted with the hugely positive reception that Zallal has had from the commercial sector, and we are in advanced negotiations with international and local companies eager to benefit from the central location in the heart of Diriyah and the diverse range of accessible retail, F&B and office space available.  

 

“With construction well underway, Zallal maintains the exciting momentum at Diriyah, and when open, will benefit from the thousands of daily visitors to Bujairi Terrace becoming the latest completed precinct in our rapidly developing masterplan.”

 

Zallal will also have direct access to Wadi Hanifah and enjoy stunning views over the UNESCO World Heritage site of At-Turaif in its location on the outskirts of the Saudi capital. Ongoing construction work is ensuring that the new precinct benefits from design features that embrace Diriyah’s near 300-year heritage of traditional Najdi architecture. 

 

Visitors and staff will benefit from a an easily accessible, 1,400-space basement car park facility built under Zallal with direct links to Wadi Hanifah, Al Imam Abdulaziz bin Muhammad ibn Saud Road, public transport and will have coach drop-off points for tourists and visitors who will enjoy a pedestrian friendly environment on arrival.

 

Among the companies already engaged in leasing negotiations are popular international brands looking to open in Saudi Arabia for the first time in addition to home-grown companies and new Saudi concepts.

 

Diriyah Company is a dynamic mixed-use developer redefining urban planning to transform Diriyah, “The City of Earth”, into a thriving capital of culture, entertainment, education, and the arts. Diriyah links the Kingdom’s past, present and future and introduces visitors to the charm and generosity of Najdi culture as well as the symbol of inspiration for generations of creatives, innovators, entrepreneurs, and educators to come.

 

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