Saudi real estate developer Jabal Omar Development Company (JODC) has launched phases 2, 3 and 4 of the Jabal Omar master project in Mecca, Saudi Arabia.
The Tadawul-listed company said in a press statement that construction of Phases 2 and 3 is expected to be completed by Q4 2022, while construction of Phase 4 has resumed and is expected to be completed by Q4 2024.
Phase 1 of the master project was completed in the first quarter of 2017 with a total land area and constructed area of 27,000 square meters (m²) and over 523,000 m².
JODC has appointed Fluor International as the project management consultant for phases 2, 3 and 4, which have completion rates of 88 percent, 93 percent and 63 percent, respectively.
The three phases, totaling over 68,000 square meters, comprise a total of 15 towers including 5-star and 4-star luxury hotels with a total of 5,000 keys managed by Jumeirah International Hotel Group (Jumeirah Hotel), Archipelago International (The Alana Makkah and The Royal Alana Makkah), H Hotels & Resorts (H Hotel) and Emaar Hospitality (The Address Hotel).
The multi-phase master project Jabal Omar covers a land area of more than 235,000 m² and a constructed area of over 2.5 million m² with a total of 46 towers, which include accommodation, commercial and residential developments.
(Writing by Anoop Menon; Editing by Seban Scaria)