In a strategic move to consolidate its position in the Saudi banking sector, Alinma Bank continues to work at a rapid pace on its largest project to date: Alinma Tower.
The tower, the bank’s new headquarters, is expected to become a modern architectural icon in the heart of the capital, Riyadh.
Strategic Location and Distinctive Space
The tower is located in the Al-Yasmin neighborhood, north of Riyadh, directly on the vital King Fahd Road, and covers an area of 12,000 square meters.
This location gives the project a significant geographical advantage due to its proximity to major business centers, upscale residential areas, and the main road network.
Global Design by International Experts
The Alinma Tower was designed by Skidmore, Owings & Merrill (SOM), one of the world’s most renowned architectural firms, while the Saudi Arabian Construction Company (ACC) is implementing the project, ensuring the highest standards of quality and innovation.
The tower consists of 42 floors, rising 213 meters, and is expected to accommodate more than 2,000 employees.
The project includes integrated facilities that enhance the work environment, such as a restaurant, a café, a gym, meeting rooms spread over two floors, a prayer room, and a medical clinic.
Integrated Infrastructure and Supporting Facilities
In addition to the main tower, the project includes a four-story information center building, capable of accommodating 200 employees, and a multi-functional services building containing multi-purpose halls, exhibition halls, cafés, outdoor seating, and a childcare center.
The project also includes seven underground floors spanning the entire land area, dedicated to parking, helping to reduce traffic congestion and provide a seamless experience for employees and visitors.
Completion Date: The Countdown Has Begun
According to the official announcement, the project’s implementation timeline is expected to reach 36 months, with construction beginning in early 2023.
The latest images and field reports indicate that the pace of work is clearly progressing, with completion expected in 2026.
A Vision Beyond the Traditional Headquarters
It appears that the “Alinma Tower” is not just a tall administrative building; rather, it represents a true translation of Alinma Bank’s future vision, which seeks to align its corporate structure with the aspirations of the Saudi economy and Saudi Vision 2030.
The choice of a world-class design and implementation to exceptional specifications reflects the bank’s desire to build an attractive work environment that embraces innovation and supports digital transformation.
Analysts believe that this type of project contributes to reshaping the concept of traditional bank headquarters, from routine administrative offices to dynamic spaces that stimulate productivity and creativity, enhancing the bank’s competitiveness in the changing banking market.
Given the urban and technological expansion taking place in the capital, the presence of a prominent landmark of this magnitude will add visual and functional value to the area and could become a future investment attraction, especially with the integrated services and facilities surrounding it.
Alinma Bank is continuing to develop the “Alinma Tower” project in the Al-Yasmin district of Riyadh. This new 42-story, 213-meter-tall headquarters will serve as the bank’s new headquarters. The tower includes modern facilities such as restaurants, a gym, an information center, and underground parking. Designed by SOM and implemented by ACC, the project will take 36 months to complete, creating an architectural landmark that reflects the bank’s development and future vision.
