Latest news with #1HotelDiriyah
Arabian Business
31-03-2025
- Business
- Arabian Business
Diriyah announces Media and Innovation District within $63.2bn masterplan
Diriyah has announced a major media and innovation district as it looks to expand creative industries in the region. Diriyah Company launched its Media and Innovation District at MIPIM in Cannes. The pioneering, future-focused hub will redefine the technology, media and communications industries by creating a dynamic new ecosystem within Diriyah, encouraging innovation and collaboration between local and global industry leaders. Diriyah Media and Innovation District in Saudi Arabia The district will serve as a new home for global media networks, creative agencies, and professionals seeking a collaborative ecosystem with state-of-the-art infrastructure, designed to promote sustainability and provide an exceptional quality of life. Spanning 250,000sq m of office GFA, the district will feature approximately 450 residential homes, and more than 15,000sq m for retail outlets, and a mix of dining options. It also includes the 325-room luxury 1 Hotel Diriyah, the first property from the global 1 Hotels brand marking its Middle East debut and designed using sustainable and local resources. Located near the planned multi-purpose 20,000-seater Diriyah Arena, the Media and Innovation District is a pioneering development in the second phase of Diriyah's urban masterplan. Designed to host tech giants and innovation hubs that will foster creativity, content creation, digital transformation, and technological advancement, the district has already attracted significant interest from investors and partners, including major international and regional broadcasting companies, as well as industry leaders. MIPIM 2025 also saw the announcement of another key milestone for Diriyah, the announcement of Armani Residences Diriyah, a 15 limited-edition residences that feature bespoke interiors curated by iconic Italian fashion designer Giorgio Armani. Diriyah Company also showcased key assets and highlighted commercial office leasing opportunities. Jerry Inzerillo, Diriyah Company Group CEO, said: 'The Media and Innovation District will position Diriyah as a global hub for media production, technological innovation, and creative industries. By leveraging its rich heritage and forward-looking vision, we are cultivating a world-class ecosystem for the brightest minds in these fields.' 'We anticipate a positive response from global industry leaders eager to benefit from the world-class high-tech facilities in an environment that will encourage groundbreaking ideas, technological breakthroughs and creative content.' The district's office buildings are designed to achieve leading sustainability credentials at every stage, including planning, design, construction, and operation that will incorporate state-of-the-art technologies, and expansive, light-filled workspaces. Diriyah Company also showcased extensive commercial office leasing opportunities, and investment opportunities within the $63.2bn (SR236b) mixed-use Diriyah masterplan. This includes 1.6 million sq m of office GFA, 566,000 sq m of retail GFA, more than 40 hotels, 18,000-plus luxury residences featuring a contemporary interpretation of Najdi design, cultural, entertainment, healthcare, sports and other assets. Developed on the outskirts of Riyadh, Diriyah is one of Saudi Arabia's five giga-projects, backed by the world's fifth largest sovereign wealth fund, the Public Investment Fund. As part of this transformative urban development, Diriyah aims to provide homes for more than 100,000 residents, create an estimated 178,000 jobs, attract 50m annual visits, and contribute a remarkable $18.6bn directly to Saudi Arabia's GDP once completed.
CairoScene
13-03-2025
- Business
- CairoScene
Diriyah Launches Media & Innovation District as Global Creative Hub
Diriyah's Media & Innovation District will host global media hubs, luxury residences, and cutting-edge tech spaces. Diriyah Company has announced the launch of its Media and Innovation District, a major development within its USD 63.2 billion masterplan. Unveiled at MIPIM in Cannes, the district will establish Diriyah as a hub for international media networks, creative agencies and technology firms. Designed to foster innovation and collaboration, the district will feature 250,000 square metres of office space, alongside 450 residential homes, 15,000 square metres of retail, and a selection of high-end dining venues. The district will also introduce 1 Hotel Diriyah, marking the Middle East debut of the eco-conscious hospitality brand. Strategically located near the 20,000-seat Diriyah Arena, the project is a core part of Diriyah's second phase of urban expansion, aligning with Saudi Arabia's broader vision for economic and cultural transformation. Developed on the outskirts of Riyadh, Diriyah is one of Saudi Arabia's five giga-projects, backed by the Public Investment Fund (PIF). The full masterplan includes 1.6 million square metres of office space, 566,000 square metres of retail, over 40 hotels, and 18,000 residences. Once completed, Diriyah is expected to house over 100,000 residents, generate 178,000 jobs, and contribute USD 18.6 billion to Saudi Arabia's GDP.
FACT
13-03-2025
- Business
- FACT
1 Hotel Diriyah to crown Riyadh's Media and Innovation District
Set to open in 2027, this property promises an eco-conscious retreat. Saudi Arabia is upping the ante on all fronts, especially in hospitality, luxury and sustainability. In an effort to combine all of these, the Kingdom is set to welcome 1 Hotel Diriyah, anchoring the capital's new Media and Innovation District. Located in the Media and Innovation District, 1 Hotel Diriyah is poised to redefine luxury hospitality in the Middle East. Set to open in 2027, it blends sustainability, heritage and modern sophistication. Designed with a nature-centric philosophy, 1 Hotel Diriyah will use sustainable and locally sourced materials while paying homage to Diriyah's rich cultural history. The hotel will offer a serene escape surrounded by ancient architecture and landscapes. 1 Hotel Diriyah will feature 325 rooms, five locally inspired restaurants and bars, a spa and three stunning swimming pools. Situated within the UNESCO-listed Diriyah, it is set to become a favourite destination for travellers. Beyond the hotel, the Media and Innovation District will feature approximately 450 residential homes, over 15,000 square meters of retail space, and a mix of dining options. Adding to its allure is its proximity to the upcoming 20,000-seat Diriyah Arena. This launch of 1 Hotel Diriyah marks 1 Hotels' debut in the Middle East, reinforcing its status as a global leader in sustainable luxury. Strategically located within Diriyah's innovation hub, it's a testament to Saudi Arabia's commitment to environmentally responsible development while integrating cutting-edge technology with cultural preservation. As Diriyah cements its place on the global stage, the property will stand as a beacon of sustainable luxury, bridging the past and the future. And with its prime location in the Media and Innovation District, this property is set to redefine luxury in the region, offering guests an unparalleled experience. GO: Visit for more information.
Leaders
12-03-2025
- Business
- Leaders
Diriyah Unveils Revolutionary Media & Innovation Hub at MIPIM 2025
Diriyah Company has launched its Media and Innovation District at MIPIM 2025 in Cannes, marking a transformative leap for tech, media, and communications. This future-focused hub will foster collaboration between global innovators and local talent through cutting-edge infrastructure and sustainable design. Spanning 250,000 sq m, the district offers 450 residences, 15,000 sq m of retail space, and diverse dining options. It will host media networks, creative agencies, and tech leaders in light-filled workspaces prioritizing sustainability. Luxury Living Meets Sustainability The 325-room luxury 1 Hotel Diriyah debuts as the brand's first Middle East property, crafted with local materials and eco-conscious practices. Nearby, the 20,000-seat Diriyah Arena will amplify the district's cultural and entertainment appeal. Diriyah Company revealed strong interest from broadcasters, tech giants, and investors at MIPIM. The $63.2 billion masterplan includes 40 hotels, 18,000+ luxury homes, and 1.6 million sq m of offices, blending Najdi heritage with modern innovation. Armani Residences Elevate Luxury Standards MIPIM 2025 also spotlighted Armani Residences Diriyah—15 bespoke homes curated by Giorgio Armani. This limited-edition project underscores Diriyah's commitment to blending global luxury with Saudi culture. Group CEO Jerry Inzerillo stated, 'This district positions Diriyah as a global hub for media, tech, and creativity. Our ecosystem will empower pioneers to achieve breakthroughs.' The project aims to create 178,000 jobs, house 100,000 residents, and boost Saudi GDP by $18.6 billion annually. Office spaces will integrate advanced green technologies, from construction to operations. Diriyah's blueprint aligns with Saudi Vision 2030, targeting 50 million annual visits and redefining urban living through heritage-inspired innovation. Short link : Post Views: 38
Zawya
12-03-2025
- Business
- Zawya
Diriyah Company launches new media, innovation district
Diriyah Company has announced the launch of its Media and Innovation District in the historic birth place of Saudi Arabia. Spanning 250,000 sq m of office GFA, the district will feature 450 residential units as well as 15,000 sq m retail space with a mix of dining options. The pioneering, future-focused hub, which was officially unveiled at the MIPIM property expo in Cannes, France, will redefine the kingdom's technology, media and communications industries by creating a dynamic new ecosystem within Diriyah, encouraging innovation and collaboration between local and global industry leaders. According to Diriyah, the district will serve as a new home for global media networks, creative agencies, and professionals seeking a collaborative ecosystem with hitech infrastructure, designed to promote sustainability and provide an exceptional quality of life. Spanning over 250,000 sq m of office GFA, the district will feature approximately 450 residential homes, and over 15,000 sq m for retail outlets, and a mix of dining options. It also includes the 325-room luxury 1 Hotel Diriyah - the first property from the global 1 Hotels brand marking its Middle East debut and designed using sustainable and local resources. Strategically located near the planned multi-purpose 20,000-seater Diriyah Arena, the Media and Innovation District is a pioneering development in the second phase of Diriyah's urban masterplan, it stated. Designed to host tech giants and innovation hubs that will foster creativity, content creation, digital transformation, and technological advancement, the district has already attracted significant interest from investors and partners, including major international and regional broadcasting companies, as well as industry leaders. The district's office buildings are designed to achieve leading sustainability credentials at every stage, including planning, design, construction, and operation that will incorporate state-of-the-art technologies, and expansive, light-filled workspaces, it added. Unveiling the project, Group CEO Jerry Inzerillo said: "The Media and Innovation District will position Diriyah as a global hub for media production, technological innovation, and creative industries." Developed on the outskirts of Riyadh, Diriyah is one of Saudi Arabia's five giga-projects, backed by the world's 5th largest sovereign wealth fund, the Public Investment Fund. As part of this transformative urban development, Diriyah aims to provide homes for more than 100,000 residents, create an estimated 178,000 jobs, attract 50 million annual visits, and contribute a remarkable $18.6 billion directly to Saudi Arabia's GDP once completed. "By leveraging its rich heritage and forward-looking vision, we are cultivating a world-class ecosystem for the brightest minds in these fields," he stated. "We anticipate a positive response from global industry leaders eager to benefit from the world-class high-tech facilities in an environment that will encourage groundbreaking ideas, technological breakthroughs and creative content," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
