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Magnom to develop sustainable projects across Saudi Arabia

RIYADH, December 27, 2022

Saudi-based Magnom Properties has announced plans to develop a number of sustainable real estate projects across the kingdom in partnership with Adrian Smith + Gordon Gill Architecture (AS+GG Architecture) and The Carbon Lab based in Chicago.
 
A subsidiary of Rawabi Holding, Magnom said these deals come as part of its commitment to building greener, smarter cities.
 
The new developments in the commercial and retail sectors will be a model of best practices in sustainability in line with Saudi Arabia’s unified vision for the future and its pledge to cut the nation’s carbon emissions to net zero.
 
Renowned architect Adrian Smith and his partner Gordon Gill, representing their international design firm, AS+GG Architecture, who visited Saudi Arabia recently, will lead these ambitious projects in the Kingdom. More details will be announced in due course.
 
The MoU for these projects was signed by Abdulaziz Al Turki, Group Chairman, Rawabi Holding and Nesma & Partners and Chairman of Magnom Properties with the architect Adrian Smith during a special ceremony held at Rawabi Holding office in Al Khobar.
 
It was attended by Othman A Ibrahim, the CEO of Rawabi Holding, and Vice Chairman of Magnom Properties; Nouf Al Turki, Vice President of Corporate Affairs, Rawabi Holding and Member of the Board of Directors of Magnom Properties; and Maged Marie, the CEO of Magnom Properties.
 
Adrian Smith, who has designed world-class projects including the UAE’s Burj Khalifa – the tallest building in the world, will use an integrated design approach to highlight each project’s relationship with the natural environment, and will take into consideration building orientation, daylighting, generation of wind power, solar absorption, and the site's geothermal properties.
 
"Architecture has the unique power to positively influence society, and our work in the region is a telling example of how economic and environmental sustainability can co-exist in urban development," remarked Smith.
 
"It gives us great pleasure to develop projects across Saudi Arabia and the Middle East region in partnership with Magnom Properties. We look forward to seeing how our pioneering design concepts enrich the sustainable journey of Saudi Arabia," he added.
 
Magnom Properties will adopt sustainable and advanced technologies across the planning, construction and operations of the new futuristic developments based on its proven track record of success and strong clean energy credentials, remarked Al Turki.
 
"We work under the goals of the Kingdom’s Vision 2030 whereby Saudi Arabia is driving collective commitment to creatively and responsibly meet future energy and climate challenges through a reliance on clean energy, offsetting carbon emissions and reshaping its cities through principles of sustainable architecture," he stated.
 
"The high-performance designs incorporate the vision of Magnom Properties in setting new standards in sustainability across all its ventures by minimising carbon footprint, managing precious resources, improving environmental quality and integrating intelligence into the built environment," he added.
 
Ibrahim said Rawabi will harness the potential of advanced technologies and innovation to create best-in-class sustainability standards in these projects in line with its larger goal of transforming the region through the group's specialised expertise. 
 
"Apart from using renewable materials, sustainable energy sources and making efficient use of space and resources, amongst others, technology will play a key role in embedding sustainable practices to align with the decarbonisation roadmap for the Kingdom of Saudi Arabia," he added.
 
Marie said: "In delivering state-of-the-art developments to empower communities, we remain committed to implementing the core principles of sustainability across all our operations."
 
"Our partnership with Adrian Smith + Gordon Gill Architecture to realise our ambitious vision reflects our philosophy of collaborating with the best minds worldwide to drive change and positively impact communities," he added.-TradeArabia News Service

 




Tags: Saudi Arabia | sustainable projects | Magnom |

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