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Jeddah · Saudi Arabia

Jeddah Serviced Apartment Development

Project information

A hospitality-led serviced apartment opportunity tested from the investment case.

This serviced apartment development in Jeddah was assessed as a hospitality-led residential opportunity. The market, product, unit mix and operating model needed to be considered together before defining the next stage of development. The current project record includes 60 serviced apartment keys.

Location
Jeddah, Saudi Arabia
Project type
Serviced apartment development
Role
Development Management
SomabayRiyadhJeddahAl Khobar
03 / Geography of experienceEgypt · Saudi Arabia
03 / Saudi Arabia

Jeddah

Development Management · HBU · Investment Appraisal

Residential · Retail · Mixed use1 photographed projects / views

My role

Development management.

I worked on the commercial and product decisions required to turn the opportunity into a clear development brief.

  • Tested the highest and best use of the opportunity.
  • Prepared and reviewed the feasibility position.
  • Assessed the serviced apartment product and key count.
  • Coordinated the development brief and operator-related requirements.
  • Reviewed the commercial and delivery implications.
  • Established the basis for the next stage of design, approval and procurement.

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