Granada Mall & Oasis (Business Park) are located on the north east side of Riyadh, specifically, on the East Ring Road of Riyadh city.
However, that area has three other key projects, two are still under construction, but the mall is on business now.
The 830 Hilton hotel and Granada Oasis are supposed to be finalized sometimes within three years.
The Oasis construction project which is just right next to the mall will cost approximately USD 411,000,000 (SAR 1.5 billion) owned by GOSI (General Organization for Social Insurance).
The capacity of that project is about 131,151 sq. m. of size and contracted by Al Latifia Trading and Contracting.
The exact completion of that project is to be by the end of 2011 & scope of their work will be the as follows:
- 6 high rise towers (17 to 20 storeys)
- 4 medium rise office buildings
- Residential villas
- A 2 storey conference center
- Meeting halls.
Yet, these construction projects seem not to have the right infrastructure in term of water drainage system. The recent rainfall that Riyadh had witnessed had so many people to question whether or not the current plans to attract the investors to pour their money into these potential opportunities is well done!
A friend of mine was passing by these projects and was stunned of what he had seen on that area. It was completed underwater after the recent rainfall on May the 3rd 2010 and to reach the north was way risky! I will let you watch these clips taken on the front of these three project which clearly show the lack of drainage system!