Alpha Development is pleased to announce a new strategic partnership for the development of a world-class mixed-use destination in Al Khobar. This landmark project, backed by the Public Investment Fund (PIF), represents a significant investment in the Eastern Province’s future.
The Al Khobar development is a multi-purpose destination that combines luxury residential units, commercial facilities, offices, and hospitality services. With a total built-up area of 1,256,947 square meters, this project aims to redefine modern lifestyle and community living concepts in the region.
“This partnership aligns with our vision to create exceptional destinations that enhance the quality of life for residents and visitors alike,” said the CEO of Alpha Development. “The Al Khobar waterfront project will set new standards for mixed-use developments in Saudi Arabia.”
The development features stunning waterfront experiences, premium retail spaces, and world-class hospitality offerings. It is designed to become a landmark destination that attracts visitors from across the Kingdom and beyond.
Construction is scheduled for completion in 2028, with multiple phases planned to ensure meticulous attention to every detail.
