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Saudi: New Murabba seals partnership deal with Korean architect Heerim
Saudi: New Murabba seals partnership deal with Korean architect Heerim

Zawya

time2 days ago

  • Business
  • Zawya

Saudi: New Murabba seals partnership deal with Korean architect Heerim

Saudi Arabia - New Murabba, a key Saudi developer powered by the kingdom's sovereign wealth fund PIF, has signed an agreement with Korea-based Heerim Architects & Planners to explore innovative and distinctive architectural overlays that complement the development's master plan, with special emphasis on anchor assets, linear parks, and smart city features. New Murabba is a mixed-use real estate development under construction in northwestern Riyadh and easternmost Diriyah, Saudi Arabia. Headquartered in Seoul, Heerim is a globally recognised company for delivering large-scale urban developments, cultural complexes, and iconic architecture, with a proven track record across Asia, the Middle East, and other international markets. New Murabba Company is delivering a 19-sq-km mixed-use urban destination featuring sustainable design, innovative infrastructure, and a future-ready lifestyle. At its heart is The Mukaab, a premium mixed-use landmark that integrates retail, cultural, tourism, hospitality, residential, commercial, and recreational components. "New Murabba plays a vital role in advancing urban development strategies and turning Saudi Arabia's Vision 2030 into reality by shaping Riyadh's future urban landscape," remarked New Murabba CEO Michael Dyke after signing the MoU with Heerim Architects & Planners Chairman and CEO Young Kyoon Jeong at a key ceremony in Seoul. "We are creating a destination that combines innovation, sustainability, and design excellence. Our partnership with Heerim reinforces our continued commitment to working with world-class architectural leaders to deliver a city that is iconic, immersive, and deeply human-centric," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

New Murabba Teams Up with Korea's Heerim for Architectural Innovation
New Murabba Teams Up with Korea's Heerim for Architectural Innovation

Leaders

time08-07-2025

  • Business
  • Leaders

New Murabba Teams Up with Korea's Heerim for Architectural Innovation

New Murabba, a company backed by Saudi Arabia's Public Investment Fund (PIF), has signed a memorandum of understanding (MoU) with South Korea's Heerim Architects & Planners. The collaboration aims to explore innovative and distinctive architectural concepts that align with New Murabba's master plan, focusing on key elements such as anchor assets, linear parks, and smart city features. The MoU was signed in Seoul by Michael Dyke, CEO of New Murabba, and Young Kyoon Jeong, Chairman and CEO of Heerim Architects & Planners, according to a press release issued today. Heerim is internationally acclaimed for its expertise in large-scale urban projects, cultural landmarks, and iconic architectural designs, with a strong portfolio across Asia, the Middle East, and other global markets. 'Our mission at New Murabba is to drive forward Saudi Arabia's Vision 2030 by shaping the future urban fabric of Riyadh,' said Dyke. 'We're building a destination rooted in innovation, sustainability, and design excellence. Partnering with Heerim underscores our commitment to working with global architectural leaders to create a city that is iconic, immersive, and truly human-centric.' The announcement also noted that New Murabba is developing a 141.1-square-kilometer mixed-use urban destination designed for sustainability and future-ready living. At its center lies The Mukaab, a landmark development that blends retail, cultural, tourism, hospitality, residential, commercial, and recreational offerings into a single, dynamic hub. Related Topics: Culture Minister Inaugurates Saudi Pavilion at Expo 2025 Osaka Saudi Envoy to Japan Shares Vision for Expo 2025 Osaka Pavilion Saudi Pavilion at Expo 2025 Osaka Unveils 700 Cultural Events Short link : Post Views: 5

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