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Project manager selected for second phase of $4bn Saudi commercial hub
12 August 2025
A digital render of the five towers at The Avenues in North Riyadh City, Saudi Arabia (Image: Shomoul Property Holdings)
Aecom has won the role of project management consultant (PMC) and engineer for the second phase of The Avenues in Riyadh, Saudi Arabia.
Shomoul Holding Company awarded the role to Aecom for the mixed-use development in North Riyadh City, Saudia Arabia, following the delivery of The Avenues Phase One.
The Avenues is a US$4 billion project that spans nearly 1.9 million sq m of build-up area and 370,000 sq m of leasable area. It contains a shopping mall and five towers featuring hospitality, commercial, and residential spaces.
Aecom said it would deploy advanced digital project management tools, data-driven dashboards and lean construction methodologies to optimise project tracking, enhance communications, and mitigate risks during the work.
The Avenues is due to open in early 2026.
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