Kolaghassi Development

Construction & Real Estate

King Salman Park Foundation awards contract for $3bn Metro-linked district

Wed, 11 Mar 2026

The King Salman Park Foundation has awarded a major development contract for a mixed-use district being set up in Riyadh’s King Salman Park to a consortium led by Kolaghassi Development Company. The premium Metro-linked district is being developed at an investment of SAR11 billion ($3 billion).