Red Sea Development Company begins Development of Coastal Village Residential Area

The Red Sea Development Company (TRSDC), the master developer behind one of the world’s most ambitious tourism initiatives, has commenced development of the Coastal Village, a residential and commercial area that will house the workers, staff and management of The Red Sea Project.

Construction of corporate offices is already underway on the Coastal Village site. Scheduled for completion by Q2 2020, the offices will become the center of operations for the development. They will accommodate 500 people and provide supporting amenities including a 160-seat restaurant and 100-seat auditorium.

TRSDC has also signed a contract for construction of the first ten residential apartment buildings within the Coastal Village. The Coastal Village will ultimately become home to around 14,000 people who will be employed in roles at the destination when the first phase opens in 2022. The Village will also provide temporary housing for 25,000 workers who will be building the infrastructure and assets.

“Delivering and operating a destination as ambitious as The Red Sea Project requires a happy, healthy and fulfilled community of people enjoying a high standard of living and the amenities necessary to support a modern lifestyle,” said John Pagano, CEO of The Red Sea Development Company. “The Coastal Village will be a vibrant and engaging community combining the highest quality accommodation, environmentally sensitive corporate offices and a wide range of leisure and recreational facilities, all delivered in a way that is fully aligned with our commitment to sustainability.”

The construction partner for the design and build of the management offices is Saudi group Al Majal Al Arabi, which recently signed a separate contract with TRSDC to build 5,000 residential units for construction workers at the destination.

The offices will have a total floorspace of approximately 7,000 m2 and have been designed in three independent campus elements to take advantage of the unique microclimate at The Red Sea project, maximizing passive shading and ventilation and promoting interaction between indoor and outdoor spaces.

The construction partner for the development of the residential apartments will be Saudi Amana Contracting, a subsidiary of UAE-based Amana Contracting Group, which recently won the contract to design and build a management hotel to serve the Coastal Village.

The first five apartment buildings are expected to be completed by Q3 2020 and the remaining five by Q4 in the same year, delivering a total of 300 apartments.