Limitless to build $12b project in S. Arabia

Al Wasl, which will be on show at Cityscape Dubai from October 16, is the first of several projects planned by Limitless in Saudi Arabia. It will be developed on a 1411 hectare (14.1 million square metre) site north of Riyadh.

Designed to reflect and complement the natural environment of Wadi Hanifa, Al Wasl will comprise a number of inter-connected districts, with more than 60,000 homes, offices, hotels, mosques, health and educational facilities, shopping malls and sports amenities.

Saeed Ahmed Saeed, chief executive officer of Limitless, said: "Riyadh's population is growing by 150,000 — or three per cent — every year. Some 50,000 new homes are required annually to accommodate the capital's rapidly-increasing numbers. Around five million people live in Riyadh today; in 20 years the figure will rise to eight million if the population continues to grow at current rates.

"Al Wasl is tailor-made to preserve the traditional Saudi Arabian culture while creating a modern, self-sustaining community for more than 200,000 people."