Misk unveils Prince Mohammed Bin Salman city masterplan

Mohammed bin Salman Foundation (Misk) has unveiled the masterplan for Prince Mohammed Bin Salman Nonprofit City, the first of its kind in the world, to be developed on a 3.4 sq km area in Saudi Arabia.


The city’s general masterplan includes residential areas with 500 villas and townhouses, as well as 6,000 apartments with multiple floor plans; all are anticipated to accommodate nearly 18,000 residents. 


Overall, the city embodies a human-centered, advanced digital metropolis designed to be sustainable and pedestrian-friendly. Over 44 per cent of the city’s total area will be dedicated to open green spaces in the continued advancement of its sustainable development. 


HRH Mohammed Bin Salman Bin Abdulaziz Al Saud, Crown Prince, Founder and Chairman of the Board of Misk had recently announced the launch of Prince Mohammed Bin Salman Nonprofit City. 


The vision for the city is to serve as model for the development of the nonprofit sector globally and as an incubator for youth and volunteer groups as well as local and international institutions. 


Misk said the city will contribute to achieving its goals of supporting innovation, entrepreneurship and qualifying future leaders by defining nonprofit work in its internal operational concept and in terms of opportunities and youth training programs it will provide. 


In addition, the project will provide services that contribute to creating an attractive environment for all beneficiaries of the city’s offerings. 


The aerial photos illustrate the boundaries of Prince Mohammed Bin Salman Nonprofit City. Wadi Hanifa lies to the north of the city, while the Irqah neighbourhood lies to the south, along Western Ring Road.  The city occupies an area of 3.4 sq km. 


The area, as allocated by His Highness, has been developed financially under his patronage since the early days of its inception, stated Misk. 


Commercial areas in the city are estimated to cover more than 306,000 sq m, with an estimated workforce to reach approximately 20,000. Around 99,000 sq m have been allocated for retail, entertainment, and food and beverage outlets serving both residents and visitors alike.-TradeArabia News Service



Source: http://www.tradearabia.com/news/CONS_393828.html


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