Saudi Arabia’s Red Sea Development Company (TRSDC) today revealed its design for the ultra-luxury triple yacht club on the Red Sea, which it says can anchor yachts twice as long as the prestigious Monaco Yachting Club.
The 7,900-square-meter facility was designed by HKS Architects and designers for AT&T Stadium, home of the Dallas Cowboys, and Jinjiang International Exhibition Center. The yacht club will feature 120 berths for boats up to 130 meters in length and a lift right from the water’s edge to an elegant private sky lounge so that guests can move from their boats to the club “in complete privacy”.
In front of the 80 meter Quai d’honneur for yachting events, the public area of the club will contain shops, restaurants, an amphitheater for performances and a sun deck with an infinity pool that gives the illusion of flowing into the sea.
Mooring the club is the Triple Bay Resort, planned on an area of 4,155 square kilometers in the Prince Mohammed bin Salman Nature Reserve, and part of the huge, ultra-luxury “Amala” tourism project which, along with the neighboring Red Sea project, is part of the kingdom. Plan to quickly diversify the economy away from oil.
“Amaala is one of the flagship projects of Saudi Vision 2030 and remains pivotal to the Kingdom’s ambition to become a leader in global tourism,” John Pagano, CEO of TRSDC, Amaala and Red Sea Project, said in a press release.
“We expect Amaala to become an international hub for luxury yachting, and as such, the yacht club required world-class design, influenced by the surrounding natural elements and Arabian heritage, and underpinned by our commitment to sustainability.”
The first phase of Triple Bay is scheduled to welcome guests in 2024, and includes eight resorts offering about 1,200 hotel rooms.
The entire development targets a minimum level of the LEED Gold Standard for sustainability, and will power itself with renewable off-grid sources.
Infrastructure and ground work is underway with around 1,000 workers on site. More than 250 contracts have been awarded so far, TRSDC said, with a contract value of more than $1.3 billion (5 billion riyals). About $266 million of this was awarded in the first quarter of this year.
This pace will continue into the second quarter, and a Request for Proposal for Public Private Partnership (PPP) has been released on the market.
Amaala, which is owned by Saudi Arabia’s sovereign Public Investment Fund, is expected to create about 50,000 new jobs for Saudis and nearly $3 billion (11 billion riyals) in gross domestic product once it fully opens, with about 3,000 hotel rooms in 25 hotels and about 900 Luxurious apartment.