The Future of Living Stage at Cityscape Global 2024 has unveiled an ambitious vision for Riyadh, introducing a 135km “green spine” designed to enhance the quality of life for residents and tourists alike. This initiative is not just a construction project; it represents a fundamental shift in how urban environments can be designed to promote health, well-being, and sustainability. Jayne McGivern, CEO of the Sports Boulevard Foundation, emphasized the importance of this project in the context of Saudi Arabia’s Vision 2030, aiming to elevate the capital’s livability and encourage physical activity among the youth.
The event, held at the Riyadh Exhibition & Convention Centre, showcased not just this mega-project but also a variety of innovative developments crafted from recycled materials. These initiatives signal a growing trend towards sustainable construction practices, essential for addressing the environmental challenges posed by urbanization in extreme climates. McGivern pointed out the pressing need to act against rising temperatures, which could reach alarming levels if current trends continue. By utilizing non-absorbent materials, such as shredded car tires for cycling tracks, the project not only aims to enhance comfort and aesthetics but also to significantly reduce carbon emissions during construction.
While the green spine is a centerpiece of the event, the broader narrative at Cityscape Global 2024 revolves around the transformation of the construction industry through technology. Mauricio Weiss, founding partner of Zacua Ventures, highlighted the role of Artificial Intelligence and automation in reshaping construction processes. With the Global South projected to contribute 80% of total infrastructure in the next 50 years, the adoption of these technologies will be crucial. Companies that embrace innovation will be better positioned to navigate the complexities of the evolving market landscape.
International collaboration was another key theme at the event, with over 70 global developers showcasing their projects. This diverse representation underscores the interconnectedness of the real estate market today. Faisal Sultan, Chairman of Majan Engineering Consultants, noted the importance of building genuine relationships, a sentiment echoed by many attendees who recognize that successful ventures rely on strong partnerships.
As the world grapples with economic uncertainties, figures like two-time boxing champion Anthony Joshua OBE are looking towards Riyadh as a beacon of growth. His insights into safe investing resonate with many who see the potential in prime properties within a rapidly developing market. Joshua’s perspective encapsulates a broader sentiment: while other economies may be tightening their belts, Saudi Arabia is making bold moves to invest and expand, creating a fertile ground for both local and international investors.
Cityscape Global 2024, backed by key governmental and industry partners, showcases a pivotal moment for the construction and real estate sectors in Saudi Arabia. The focus on sustainability, technology, and international collaboration not only reflects current trends but also sets the stage for future developments. As Riyadh continues to evolve, the initiatives presented at this event could very well shape the blueprint for urban living in desert climates, inviting a wave of innovation and investment that could redefine the region’s landscape.