Dar Al Arkan Unveils Ambitious Manhattan Masterplan in Jeddah
Dar Al Arkan Unveils Manhattan Masterplan
Dar Al Arkan, one of the leading real estate developers in Saudi Arabia, is embarking on an exciting new journey with the launch of its ambitious masterplan called Manhattan. This major project is set to redefine urban living in Jeddah, strategically located on King Abdulaziz Road. With a sprawling area of 1 million square meters, it represents a landmark acquisition, marking the largest land transaction recorded in the city.
Transforming Jeddah’s Urban Landscape
The Manhattan masterplan aims to create an integrated, sustainable community. This visionary development is thoughtfully divided into four unique districts, each anchored by a central park. These districts are interconnected by a grand boulevard and a lush green spine that enhances the overall accessibility and aesthetic appeal of the area. The emphasis on generous open spaces and pedestrian-friendly streets ensures that living, working, and leisure harmoniously coexist.
The Jewel of the Project: Trump Plaza
At the heart of the Manhattan masterplan will be the prestigious Trump Plaza Jeddah. This project is being developed in collaboration with The Trump Organization and is poised to become one of the Kingdom's premier addresses. Occupying an impressive corner of 28,000 square meters, Trump Plaza will host a diverse mix of Manhattan-style offices, luxurious residences, serviced apartments, exclusive townhouses, and a park inspired by Central Park.
A Vision for the Future
Yousef Al Shelash, the Chairman of Dar Al Arkan, shared insights on this monumental project, stating, "The Manhattan masterplan is designed on one of the most remarkable plots of land in Jeddah, located on King Abdulaziz Road. This project represents a once-in-a-lifetime opportunity to create a world-class community that will revolutionize urban living in Saudi Arabia. Our goal is to develop a connected and sustainable environment that redefines lifestyle and investment standards in the Kingdom."
Collaboration and Excellence
Eric Trump, Executive Vice President of The Trump Organization, expressed enthusiasm about the project, saying, "Expanding our footprint in Saudi Arabia with Trump Plaza Jeddah is an honor. This initiative marries world-class hospitality with modern living and robust business ecosystems. Together with Dar Global, we are establishing a destination that will elevate standards of prestige and innovation within the Kingdom." This sentiment echoes the commitment to excellence both organizations uphold.
Anticipated Impact on Local Community
The launch of the Manhattan masterplan is generating significant excitement among stakeholders and potential investors. The project is expected to create numerous job opportunities and stimulate economic growth in the region. The diverse offerings, from residential units to business spaces, are designed to attract a wide range of residents and industries alike, fostering an environment of collaboration and community engagement.
As the project progresses, it will undoubtedly serve as a catalyst for further developments in Jeddah, encouraging innovation and drawing international attention to the real estate market in Saudi Arabia.
Frequently Asked Questions
What is the Manhattan masterplan?
The Manhattan masterplan is a major development by Dar Al Arkan that aims to create a vibrant, mixed-use community in Jeddah, featuring residential, commercial, and recreational spaces.
Where is the Manhattan masterplan located?
The masterplan is situated on King Abdulaziz Road in Jeddah, covering 1 million square meters of prime land.
What key features are included in the masterplan?
Key features include Trump Plaza, a grand boulevard, central parks, and pedestrian-friendly spaces that promote a sustainable urban lifestyle.
Who is collaborating on the Trump Plaza project?
Dar Global is developing Trump Plaza in collaboration with The Trump Organization.
What impact will the masterplan have on the local community?
The project is expected to drive economic growth, create job opportunities, and enhance the real estate landscape in Jeddah.
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