Saudi Arabia’s Diriyah Company awards $105 million contract for Heroes’ Park Development

Saudi Arabian Trading & Construction Company (Satco) has secured a SAR393 million ($105 million) contract from Diriyah Company to undertake the main construction works for Heroes’ Park, a flagship public space within the Diriyah Two Development.

The project, spanning more than 100,000 square metres, is designed to accommodate up to 35,000 visitors and represents a significant milestone in the ongoing transformation of Diriyah into a world-class cultural, heritage, and lifestyle destination under Saudi Vision 2030.

Under the contract, Satco will carry out a comprehensive scope of works, including site preparation, earthworks, construction of pedestrian pathways and hardscape areas, installation of underground utilities, drainage and stormwater systems, irrigation networks, landscaping, shading infrastructure, and other associated civil works required to support the park's long-term operation.

 

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Given the scale of the development, the project will incorporate advanced engineering solutions to ensure efficient pedestrian circulation, effective crowd management, integrated utility networks, and sustainable water management while creating a seamless and accessible public environment.

According to Diriyah Company, Heroes’ Park will feature extensive civil infrastructure, landscaped public spaces, utility networks, and modern amenities designed to establish a high-capacity recreational destination for residents and visitors alike.

Once completed, the park is expected to become one of the signature public attractions within the Diriyah Two Development, enhancing quality of life, supporting tourism growth, and contributing to the Kingdom's broader objectives of developing sustainable urban communities.

The contract marks another key milestone in the redevelopment of Diriyah, the historic birthplace of the first Saudi state, into one of the Middle East's leading cultural, tourism, and lifestyle destinations.

Diriyah Company is overseeing the transformation of a 14-square-kilometre area into an integrated mixed-use destination encompassing heritage, hospitality, retail, residential, and commercial developments. The masterplan represents an investment exceeding SAR236 billion (approximately $63 billion).

 

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The development includes plans for more than 40 hotels, over 300 branded residential units, approximately 1.6 million square metres of office gross floor area, and around 566,000 square metres of retail space. The project aims to combine Diriyah's rich historical legacy with modern urban infrastructure while preserving the UNESCO World Heritage Site of At-Turaif at its core.

Source: Trade Arabia