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Saudi Downtown Company: Redefining Urban Lifestyle through Vibrant Downtowns

Article-Saudi Downtown Company: Redefining Urban Lifestyle through Vibrant Downtowns

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Saudi Downtown Company is a wholly-owned subsidiary of the Public Investment Fund (PIF).

It is a real estate development company with a mandate to develop mixed-use urban centers in 12 Saudi cities to enhance the quality of life and promote economic activity. The company’s downtowns will offer many new choices and experiences in commercial, recreational, and residential sectors.

The company will develop downtowns in Al-Madinah, Al-Ahsa, Al-Khobar, Buraydah, Taif, Arar, Hail, Tabuk, Dumat Al-Jandal, Jizan, Najran and Al-Baha. The geographic spread of these projects across the Kingdom will have a sustainable social and economic impact in these regions, unlocking new opportunities for residents, visitors and businesses.

Our projects will create a wide range of new offerings that will enrich people’s lives and visitors’ experience, enhancing the attractiveness and competitive of the cities.

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The downtowns will be destinations for new investments and businesses in the 12 cities across various sectors, including shopping, retail, entertainment, tourism, hospitality, conferences and exhibitions, and housing, highlighting Saudi cities’ role in the national economy.

We will develop modern and contemporary projects drawn from the regions’ diverse local culture and architecture. Each project will be unique, embracing the culture and heritage of its region.  

Partnership is at the core of Saudi Downtown Company’s vision and mission. We collaborate with our partners and stakeholders from the public and private sectors to capitalize on the potential advantages of each city and to ensure that we are aligned with the national aspirations across all regions of the Kingdom. As a master and lead developer, Saudi Downtown Company will offer unique and diverse opportunities, with an aim to enable local economies with private sector investments, create direct and indirect job opportunities, open doors for local small and medium enterprises, and create lifestyle choices for local residents. The company’s developments will generate social and economic impact and build a future legacy.

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Saudi Downtown Company’s sponsorship of the launch edition of Cityscape Global in Riyadh as a Strategic Partner is in line with our efforts to work closely with the business community and partners in the real estate industry.

Saudi Downtown Company projects are more than just real estate developments; they are a commitment to creating a vibrant society and thriving economy and enriching the lives of people for generations to come.

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