AECOM Appointed to Manage The Avenues – Riyadh Phase II

Riyadh, Saudi Arabia, August 12, 2025

News Summary

AECOM has been selected by Shomoul Holding as the project management consultant for The Avenues – Riyadh Phase II, a significant mixed-use development valued at over $4 billion. This phase, featuring a luxury shopping center and various mixed-use towers, aims to enhance the region’s appeal in business and innovation. With completion expected early next year, this project is aligned with Saudi Arabia’s Vision 2030 strategies, promoting economic diversification and growth.

 

AECOM Appointed Project Management Consultant for Second Phase of Major Riyadh Mixed‑Use Development

A global engineering and consulting firm has been appointed by the project owner to act as project management consultant and engineer for the second phase of a large mixed‑use development in North Riyadh. The development carries a project value of more than $4 billion and covers a total built‑up area of 1,870,000 m² with a leasable area of 370,000 m². The scheme includes a luxury shopping centre and five towers offering a mix of hospitality, commercial and residential space. The complex is expected to open early next year.

Key facts up front

• Owner: Local holding company
• Role appointed: Project management consultant and engineer for Phase II
• Project value: Over $4 billion
• Built‑up area: 1,870,000 m²
• Leasable area: 370,000 m²
• Main components: Luxury mall + five mixed‑use towers
• Target opening: Early next year

What this appointment means

The appointment follows the successful delivery of the project’s first phase. The consultant will oversee delivery and engineering for the second phase, coordinating design, procurement, contractor management and quality assurance across a complex mix of uses. The role is aimed at keeping the programme on track while ensuring cost control and compliance with technical and regulatory standards.

Project scope and scale

The second phase sits within a wider masterplan for a mixed‑use urban destination in North Riyadh. The combined built‑up footprint reaches nearly two million square metres, making it one of the larger developments in the region. The leasable area of 370,000 m² positions the scheme to host a broad retail offer alongside F&B, leisure and entertainment. The five towers will accommodate hotel rooms, office floors and residential units, designed to work together with the retail heart.

Delivery approach and tools

The appointed consultant plans to use advanced digital project management tools and data‑driven dashboards to give real‑time insight into schedule, cost and quality metrics. Lean construction methods will be applied to reduce waste and improve workflow on site. These tools and approaches are intended to improve coordination between stakeholders, speed up decision making, and provide transparent reporting during construction and handover stages.

Strategic context and regional impact

The project is presented as part of a broader strategy to strengthen the city’s role in business and innovation. With significant retail and office space alongside hotels and apartments, the development aims to attract international and regional firms, visitors and residents. Observers expect the scheme to create construction jobs during the build phase and ongoing employment once retailers, offices and hotels open. The development is positioned to set a new benchmark for mixed‑use environments in the Middle East.

Experience and global background of the consultant

The appointed team has recent global assignments that demonstrate technical advisory and complex project delivery capability. The firm’s international work includes technical advisory responsibilities on major infrastructure and mixed‑use programmes, reflecting the kind of multidisciplinary experience needed for a project of this scale.

Programme and next steps

With the appointment completed, immediate focus will be on detailed coordination, finalising design packages and sequencing procurement rounds. Construction monitoring, contractor engagement and ramping up of site activity will follow. The overall development is targeted to welcome visitors and occupants early next year, subject to final approvals and delivery milestones.

What to watch

• Progress on construction and key milestone dates toward the early opening.
• How digital dashboards are used to manage risk and contractor performance.
• Tenant and operator announcements for retail, hospitality and office space.
• Employment and economic benefits reported during and after construction.

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Additional Resources

• World Construction Network
• Wikipedia: Development of the economy of Saudi Arabia
• CIO
• Encyclopedia Britannica: Saudi Arabia
• EIN News