Saudi Arabia has unveiled an ambitious real estate initiative with the launch of Lazurde in Al Khobar, a project poised to provide over 8,100 homes along with essential urban amenities. This groundbreaking development marks a significant milestone in the nation’s pursuit of sustainable urban living and aligns with its overarching goal of offering affordable housing options to a diverse population.
Prince Saud bin Naif bin Abdulaziz, the Governor of the Eastern Region, ceremoniously inaugurated Lazurde in Al Khobar, symbolizing a pivotal advancement in Saudi Arabia’s extensive housing transformation efforts.
The initiative is part of a larger commitment by Saudi Arabia to foster sustainable urban development, which includes a national agenda focused on providing adequate housing solutions for all community sectors.
Key Features of Lazurde in Al Khobar
Covering an expansive area of over 3.9 million square meters, Lazurde in Al Khobar is set to feature:
- More than 8,100 villas and apartments
- Green spaces totaling over 778,000 square meters
- Comprehensive community infrastructure, including educational and healthcare facilities, as well as recreational areas
This ambitious development model is executed in collaboration with private-sector developers, showcasing a strategic approach to urban planning in Saudi Arabia.
Leadership Support and Vision
During the launch event, Prince Saud bin Naif expressed gratitude towards the leadership of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. He emphasized their unwavering support, which has been instrumental in the swift advancements within the Kingdom’s housing sector and the overall enhancement of quality of life across various regions.
Lazurde in Al Khobar not only represents a significant addition to Saudi Arabia’s real estate landscape but also embodies the country’s commitment to sustainable living and development, responding to the increasing demand for quality housing solutions.
As this project progresses, it will undoubtedly contribute to transforming Al Khobar into a vibrant urban community, showcasing the potential for future developments across the nation.