Riymar Real Estate awards JSWD design contract for Riymar Towers in central Riyadh after design competition
- Client
- Riymar Real Estate
- Winning contractor
- JSWD
- Contract value
- Not disclosed in source
- Award date
- Not disclosed in source
Contract scope
Initial design contract for Riymar Towers mixed-use project, King Fahd Road and Olaya Street, Riyadh, after an invited design competition; value not disclosed.
Reporting and evidence
Fields reflect the linked reporting below. Publication, announcement and signing dates are not treated as award dates.
Evidence for these fields
Extracts from this article. Original source links remain in the full story.
- Client: As per the contract, JSWD will now work with Riymar Real Estate to develop the initial design.
- Winning contractor: German studio JSWD has won its international design competition for Riymar Towers
Full story and sources
Saudi developer Riymar Real Estate has announced that German studio JSWD has won its international design competition for Riymar Towers, a landmark mixed-use project planned at the intersection of King Fahd Road and Olaya Street in central Riyadh, TradeArabia reported on 5 November 2026 (carried by Gulf Daily News). As per the contract, JSWD will now work with Riymar Real Estate to develop the initial design.
JSWD was selected from an invited competition of five shortlisted firms; the others were Aedas, AtkinsRéalis, Mesura and ZHA Architects. Riymar said the project is being developed through a real estate fund managed by Tatimah Capital. The site is near Riyadh Gallery and a metro station.
This is an awarded design contract, not an open tender. The contract value was not disclosed, and no award date, project size or construction procurement timetable was given.
What to watch: Design development and any main construction procurement for Riymar Towers.
Sources: TradeArabia via Gulf Daily News, 5 November 2026. Reviewed 6 November 2026.