KSPF - King Salman International Park: Royal Art Complex

General Information
Owner King Salman Park Foundation
Masterplan Project (Parent Profile) RCRC – King Salman International Park – Saudi Arabia
Location Riyadh, Riyadh Province, Saudi Arabia
Status --
Sector Construction, Cultural, Museum, Library
Contract Type Build
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 3
Estimated Budget Value ---
Contract Value 1333
Net Value $1333m
Award Date April 2022
Completion Date December 2025
Last Updated On May 2022
ProjectId (Old, New) 347561, 347561

King Salman Park Foundation (KSPF) is undertaking the construction of a 300,000m2 art complex comprising 16 buildings named Royal Art Complex at King Salman Park in Riyadh, Saudi Arabia.

The complex’s national and outdoor theatres are expected to have a seating capacity of 2,500 and 8,000, respectively.

The US$1,500 million project includes the following:

1. Construction of five museums

2. Construction of four art academies

3. Construction of three cinema halls

4. Construction of a library

5. Construction of a pavilion

6. Construction of auditoriums (600-seat capacity)

7. Construction of studios

8. Construction of medium theater with a 650-seating capacity

9. Construction of associated facilities

Second Section

24 May 2022

The construction works have commenced on the project.

20 April 2022

The main contract has been awarded to Modern Building Leaders Co LLC and the final contract has been signed for around US$1333 million.

29 March 2022

The main contract bids are under evaluation. (Source: MEED)

06 January 2022

The client has asked the contractors to submit revised bids by January 16, 2022. Al-Bawani, El-Seif Engineering Contracting/Alec, Modern Building Leaders are the preferred bidders on the project. (Source: MEED)

17 November 2021

The main contract tender bids are under evaluation and expected to be awarded by December 2021.

07 October 2021

The main contract bids have been submitted and the following companies have submitted the bids: Al-Bawani, El-Seif Engineering Contracting/Alec, Modern Building Leaders, and Nesma / Alsaad General Contracting / Saudi Constructioneers (Saudico) / Modern Architecture Contracting Company. (Source: MEED)

15 September 2021

The main contract bid submission deadline has been shortended from October 17, 2021, to early October 2021. (Source: MEED)

30 August 2021

The main contract bid submission deadline has been extended from August 31, 2021, to October 17, 2021. (Source: MEED)

18 July 2021

The main contract bid submission deadline has been extended from August 2, 2021, to August 31, 2021. (Source: MEED)

16 June 2021

The main contract tender has been issued with the bid submission due on August 2, 2021. Typsa is working as an architect and consulting engineer, Buro Happold as consulting engineer, Ricardo Bofill Taller de Arquitectura as a design consultant, Parsons as PMC, Gleeds as cost consultant, and Theatre Consultants as a theatre consultant. (Source: MEED)