Real Estate

Fas Alhokair Tower Riyadh: A Modern Icon in the Heart of the City

Fas Alhokair Tower Riyadh: A Modern Icon in the Heart of the City

Fas Alhokair Tower in Riyadh is a towering building that has become an iconic landmark in the city. Alhokair, a Saudi-based conglomerate interested in various sectors such as retail, real estate, and entertainment, owns the tower. The tower is located on King Fahd Road, one of the city’s main thoroughfares, and is easily recognizable due to its unique design.

The Fas Alhokair Tower is a single-function tall building, with most of its usable floor area dedicated to commercial office space. The tower is 354 meters high and consists of 80 floors. It is one of the tallest buildings in Riyadh and offers stunning panoramic views of the city from its upper floors. The tower is furnished with state-of-the-art facilities and amenities, establishing it as an ideal place for businesses searching for a prestigious address in the city.

Alhokair Tower symbolizes the rapid development of Riyadh’s skyline, which has transformed in recent years due to the construction of several high-rise buildings. The tower is a testament to the vision of the Alhokair Group, which has played a main role in the growth and development of the city. With its striking design and impressive height, Fas Alhokair Tower is a landmark that reflects the ambition and progressiveness of Riyadh, making it a must-visit destination for tourists and residents alike.

Overview of Fas Alhokair Tower

Fas Alhokair Tower is a proposed mixed-use building in Riyadh, Saudi Arabia. The tower is named after its developer, Fawaz Alhokair, a Saudi billionaire property developer who founded Fawaz Abdulaziz Alhokair Group in 1989 with his two brothers. The tower is expected to be one of the tallest buildings in the Middle East upon completion.Fas Alhokair Tower Riyadh

Location and Significance

The tower is located on King Fahd Road in the heart of Riyadh’s business district. The location is significant due to its proximity to major commercial and residential areas and its accessibility to public transportation. The tower is expected to become a landmark in the city and a symbol of Riyadh’s growing economic and cultural significance.

Design and Architecture

The tower’s design is inspired by traditional Islamic architecture with a modern twist. The tower will be a mixed-use building featuring a luxury hotel, serviced apartments, and high-specification office floors. It will have a total height of 354 meters (1,161 feet), making it one of the tallest buildings in the world. The tower will feature a spire at the top, adding to its overall height.

The tower’s design is intended to be both aesthetically pleasing and functional. The tower will feature a unique facade, providing shade and reducing energy consumption. The tower will also feature state-of-the-art technology, including smart elevators and advanced security systems.

In conclusion, Fas Alhokair Tower is a proposed mixed-use building in Riyadh, Saudi Arabia. The tower is expected to become a landmark in the city and a symbol of Riyadh’s growing economic and cultural significance. Its design is inspired by traditional Islamic architecture with a modern twist, featuring a unique facade and state-of-the-art technology.

Fawaz Abdulaziz Alhokair Co

Company Profile

Fawaz Abdulaziz Alhokair Co is a Saudi Arabian company specializing in retail. The company was founded in 1990 by Fawaz Alhokair and his two brothers. It is a subsidiary of Saudi Fas Holding, a conglomerate that operates in several industries, including real estate, hospitality, and healthcare. The Al Hokair family is the majority shareholder of the company, with Fawaz Alhokair serving as the Chairman of the Board of Directors.

The company’s headquarters are in Riyadh, Saudi Arabia, and it operates in various countries, including Saudi Arabia, Egypt, the United Arab Emirates, Turkey, and Russia. Fawaz Abdulaziz Alhokair Co. operates a diverse portfolio of brands in the fashion, beauty, and food industries. Its brands include Zara, Massimo Dutti, Pull &, Bear, Bershka, and Stradivarius.

Role in the Project

Fawaz Abdulaziz Alhokair Co was major in developing Fas Alhokair Tower in Riyadh. The tower is a 307-meter-tall skyscraper that houses a shopping mall, luxury hotel, and office spaces. The project was developed by Arabian Centres Company, a subsidiary of Fawaz Abdulaziz Alhokair Co, in partnership with Saudi Fas Holding.

The shopping mall in the tower is one of the largest in Riyadh, with over 250 stores. It features a mix of local and international brands, including many of the brands owned by Fawaz Abdulaziz Alhokair Co. The luxury hotel, operated by Hilton, features 244 rooms and suites and offers surrounding views of the city.

Fawaz Abdulaziz Alhokair Co’s involvement in the project highlights the company’s commitment to developing world-class retail and hospitality destinations in Saudi Arabia. The company’s expertise in the retail industry and strong partnerships with international brands have helped it become a leading player in the region’s retail sector.

Development and Construction

Construction Updates

Fas Alhokair Tower, located in Riyadh, Saudi Arabia, is a mixed-use skyscraper currently under construction. Fawaz Alhokair Group, a Saudi Arabian conglomerate in retail, real estate, and entertainment industries, is developing the tower.

The project is estimated to cost around $500 million and will stand at a height of 354 meters upon completion. As of the latest update, the tower is in the construction phase and is expected to be completed by 2025.

Project Milestones

The Fas Alhokair Tower project was initiated in 2018, and the groundbreaking ceremony occurred in 2019. HC Yu and Associates, an international architecture firm based in Hong Kong, designed the tower.

The tower will have 65 floors, 24 floors dedicated to high-specification office spaces, 80 floors for serviced apartments, and 250 guest rooms. The tower features a luxury hotel, retail spaces, and restaurants.

The tower’s construction is being carried out by Saudi Binladin Group, one of the largest construction companies in Saudi Arabia. The project has achieved several milestones, including completing the foundation work and installing the tower’s first steel column.

Overall, the Fas Alhokair Tower is a significant project for the Fawaz Alhokair Group and the city of Riyadh. The tower is expected to become a landmark in the city and contribute to the city’s skyline.

Commercial and Residential Use

Fas Alhokair Tower in Riyadh is a mixed-use building that caters to the various needs of its occupants. The tower is a total of 354 meters in height and comprises 80 serviced apartments, 24 high-specification office floors, and retail and shopping spaces.

Serviced Apartments

The tower boasts 80 serviced apartments designed to provide its occupants with a comfortable and luxurious living experience. Each apartment is fully furnished with modern services such as high-speed internet, cable TV, and a fully equipped kitchen. The apartments range from one to three bedrooms, establishing them as ideal for individuals, couples, and families.

Office Spaces

The tower has 24 high-specification office floors catering to businesses’ and organizations’ needs. The offices are built to provide a comfortable and productive work environment for its occupants. Each office floor has a total area of 1,500 square meters and is equipped with modern services such as conference rooms, high-speed internet, and a reception area.

Retail and Shopping

Fas Alhokair Tower has retail and shopping spaces that cater to the needs of its occupants and visitors. The tower has ten floors dedicated to retail and shopping, offering various products and services. The retail and shopping spaces are designed to provide clients with a comfortable shopping experience.

In conclusion, Fas Alhokair Tower in Riyadh is a mixed-use building that provides its occupants with a comfortable and luxurious living experience. The tower is equipped with modern amenities and is built to fulfill the needs of businesses, organizations, and individuals. With its prime location and world-class facilities, Fas Alhokair Tower is an ideal choice for those looking for a premium real estate property in Riyadh.

Economic Impact

Contribution to Local Economy

Fas Alhokair Tower in Riyadh has significantly impacted the local economy since its completion. The tower is a mixed-use development with office space, retail outlets, and a luxury hotel. The tower’s contribution to the local economy can be seen in the following ways:

  • The tower has attracted many tourists and visitors to the area, which has boosted the local economy. The retail outlets and hotel are particularly popular with tourists and have helped to increase spending in the area.
  • The tower has also created many jobs in the local area. The retail outlets, hotel, and office space require staff, and the tower has provided employment opportunities for many residents.
  • The tower’s impact on the local real estate market has also been significant. The tower has helped increase property values in the area and attracted investment from domestic and international investors.

Job Creation

Fas Alhokair Tower has created many jobs in the local area. The tower’s retail outlets, hotel, and office space require staff, and the tower has provided employment opportunities for many residents. Some of the major facts and figures related to job creation at the tower include:

  • The tower’s retail outlets employ many staff, including sales assistants, managers, and support staff.
  • The hotel at the tower employs many staff, including receptionists, cleaners, chefs, and servers.
  • The office space at the tower has attracted several businesses, which has created job opportunities for residents.

Overall, Fas Alhokair Tower has significantly impacted the local economy and has created many job opportunities for residents. The tower’s mixed-use development has helped boost the local real estate market and attracted investment from domestic and international investors.

Alhokair’s Retail Portfolio

Fawaz Abdulaziz Alhokair Co. is a leading retail company in Saudi Arabia that operates various shopping malls and retail stores nationwide. The company’s portfolio includes some of the most popular shopping destinations in the region, including the Fas Alhokair Tower in Riyadh.

Mall Operations

Alhokair is a prominent mall operator in Saudi Arabia, with more than 20 malls nationwide portfolio. The company’s malls are known for their diverse offerings, which include fashion, beauty, electronics, and entertainment. The malls are also home to a range of international and local brands, including Zara, Gap, and Arabian Centres.

Alhokair’s malls are designed to cater to the needs of various shoppers. The malls feature various amenities, including food courts, cinemas, and play areas for children. The company is committed to providing a world-class shopping experience to its customers and is constantly innovating to meet their evolving needs.

International Brand Partnerships

Alhokair has partnered with some of the world’s leading international brands to bring their products to Saudi Arabia. The company’s partnerships with brands like Zara and Gap have been particularly successful, opening multiple stores nationwide.

Alhokair’s partnerships with international brands have helped to bring a range of new products and styles to Saudi Arabia, providing customers with access to the latest fashion trends from around the world. The company is committed to building strong partnerships with international brands and always seeks new opportunities to expand its portfolio.

In conclusion, Alhokair’s retail portfolio is diverse and expansive, with a range of shopping malls and international brands under its umbrella. The company is committed to providing a world-class shopping experience to its customers and is constantly innovating to meet their evolving needs.

Sustainability and Innovation

Sustainable Building Practices

Fawaz Alhokair Tower is a prime example of sustainable building practices. The tower utilizes energy-efficient lighting and HVAC systems, reducing energy consumption and carbon emissions. The building’s design also includes a green roof, which provides insulation, reduces heat gain, and helps to mitigate the urban heat island effect. The tower’s water management system is also designed to minimize water usage and reduce the building’s impact on the local water supply.

Technological Advancements

The Fawaz Alhokair Tower also incorporates several technological advancements contributing to its sustainability. The tower’s building management system uses data analytics to optimize energy usage and improve the building’s overall performance. The tower’s elevators use regenerative braking technology, which captures energy that would otherwise be lost during braking and uses it to power other parts of the building. The tower also features a state-of-the-art building envelope, which helps to reduce energy consumption and improve indoor air quality.

Overall, the Fawaz Alhokair Tower represents a significant achievement in sustainable building practices and technological innovation. The tower’s design and construction demonstrate a commitment to sustainability and a willingness to embrace new technologies and practices that can help reduce the building’s environmental impact. As such, the tower serves as a model for future projects that seek to balance sustainability and innovation in the built environment.

Frequently Asked Questions

What is the height of Fas Alhokair Tower in Riyadh?

Fas Alhokair Tower in Riyadh is a skyscraper that stands at a height of 354 meters (1,161 feet), making it one of the tallest buildings in the city.

When was Fas Alhokair Tower in Riyadh completed?

Fas Alhokair Tower in Riyadh is currently under construction and is expected to be completed shortly.

What is the architectural style of Fas Alhokair Tower?

Fas Alhokair Tower in Riyadh features a modern architectural style with sleek lines and a unique facade that will make it stand out in the city’s skyline.

Which company developed Fas Alhokair Tower?

Fas Alhokair Tower in Riyadh is being developed by the Saudi-based Al-Yabes Real Estate company.

How does Fas Alhokair Tower contribute to the Riyadh skyline?

Fas Alhokair Tower in Riyadh is set to become a prominent feature in the city’s skyline, with its impressive height and striking design.

What are the main features of Fas Alhokair Tower?

Some of the main features of Fas Alhokair Tower in Riyadh include a luxury hotel with approximately 250 guest rooms, 80 serviced apartments, and 24 high-specification office floors. Additionally, the tower will feature a range of amenities, including restaurants, meeting rooms, and a fitness center.

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مؤسّس منصة الشرق الاوسط العقارية

أحمد البطراوى، مؤسّس منصة الشرق الاوسط العقارية و منصة مصر العقارية ،التي تهدف إلى تبسيط عمليات التداول العقاري في الشرق الأوسط، مما يمهّد الطريق لفرص استثمارية عالمية غير مسبوقة

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