Diriyah Company has officially announced the launch of its Media and Innovation District at MIPIM 2025 in Cannes, marking a major milestone in Saudi Arabia’s vision for a dynamic, future-ready urban ecosystem. The new district is set to redefine the technology, media, and communications sectors, positioning Diriyah as a global hub for content creation, digital transformation, and technological innovation.  Spanning over 250,000 square metres of office gross floor area (GFA), the Media and Innovation District is designed to house international media networks, creative agencies, and industry professionals seeking a state-of-the-art collaborative environment. The mixed-use development will include 450 residential homes, more than 15,000 square metres of retail and dining options, and premium office spaces built with sustainability at their core. A key highlight of the district is the 325-room luxury 1 Hotel Diriyah, marking the Middle East debut of the renowned 1 Hotels brand. The property will be built using sustainable and locally sourced materials, reinforcing Diriyah’s commitment to responsible development. Strategically located near the planned 20,000-seat Diriyah Arena, the district is part of the second phase of Diriyah’s ambitious urban masterplan. It is expected to attract global tech giants, broadcasting leaders, and creative professionals, fostering an innovation-driven community that will contribute to Saudi Arabia’s economic and cultural transformation. At MIPIM 2025, Diriyah Company also unveiled another milestone: Armani Residences Diriyah. This ultra-luxurious, limited-edition residential collection features 15 bespoke residences designed by legendary Italian fashion designer Giorgio Armani, setting a new benchmark for high-end living in the region. Beyond the Media and Innovation District, Diriyah Company showcased extensive commercial office leasing opportunities within the wider $63.2 billion  Diriyah masterplan. The masterplan encompasses 1.6 million square metres of office space, 566,000 square metres of retail GFA, over 40 luxury hotels, and 18,000 premium residences, inspired by contemporary interpretations of Najdi architectural heritage. Jerry Inzerillo, Group CEO of Diriyah Company, said, “The Media and Innovation District will establish Diriyah as a world-class hub for media production, technological advancement, and creative industries. With cutting-edge infrastructure and a vibrant, collaborative ecosystem, we are creating an unparalleled destination for global industry leaders.” Designed with sustainability and innovation at its core, Diriyah’s Media and Innovation District is expected to reshape Saudi Arabia’s creative landscape, attract top-tier global talent, and bolster the kingdom’s status as a major player in the global technology and media sectors.   For registration as a supplier: https://www.diriyahksa.com/Account/Register   (ICE RIYADH)

Fonte notizia: Construction Week