Saudi Entertainment Ventures (Seven), a wholly-owned subsidiary of the kingdom’s sovereign wealth fund PIF (Public Investment Fund), announced in a statement that it has started work on its key leisure destination in Tabuk region.
Designed by world-renowned architects, Gensler, Seven’s entertainment destination in Tabuk will come up on a land area of 40,000 sq m.
Located on King Faisal Road, the Tabuk project, which has a development value of more than SR1 billion ($266 million), will transform the entertainment landscape in the region with a wide range of attractions and experiences.
The project, which boasts over 72,500 sq m of built-up area, has been designed as a village nestled between gardens and recreational spaces, thus creating an extension of this environment within.
Seven had awarded the development contract to Saudi builder Al Bawani and Company at the Municipal Investment Forum (Furas), organised by the Ministry of Municipal and Rural Affairs (MoMRA).
