Phase Two of The Avenues – Riyadh will comprise five towers.
AtkinsRéalis Group, a world-class engineering services and nuclear company, has been appointed as the cost consultant for Phase Two of The Avenues – Riyadh, one of the kingdom’s most ambitious mixed-use developments.
The appointment, made by Shomoul Holding Company, builds on the success of Phase One and introduces five iconic towers that will house premium hospitality, commercial, and residential offerings.
The development is strategically located along King Salman Road and is designed to become a landmark destination for residents and visitors alike. AtkinsRéalis will provide comprehensive cost consultancy services across both phases of the project.
AtkinsRéalis plans to work in close co-ordination with all partners and stakeholders to ensure seamless delivery of this large-scale development. The project includes a three-storey mall with nearly 370,000 sq m of leasable space and parking for over 14,000 vehicles, making it one of the largest retail destinations in the region.
AtkinsRéalis’ scope of work includes cost planning, procurement advisory, and value engineering to support the client’s vision of delivering a world-class, commercially viable development.
The Avenues – Riyadh represents a bold step forward in redefining urban experiences in the kingdom. Our involvement reflects a shared commitment to excellence, innovation, and collaboration,” said Paul Doherty, Regional Country Director, AtkinsRéalis.

