Thakher City Development is a mixed-use development comprising of hotels, residential and retail located in the northern side of the city of Makkah Al Mukarramah with an approximated distance of 1.5 km from the Grand Mosque (Haram). The Project is spread over a land area of about 307,000 sqm. The Project consists of developing 107 plots with a total build up area of 3.8 mnsqm.
Equinox Hospitality engagement with this project covers services to review of existing market and feasibility studies of the Project. Overall review of the current master plan of the Project. Overall review of all plot assets, identifying optimum mix usage within the context of Makkah market needs. Recommending hospitality asset class, guestroom sizes, and mix, food and beverage outlets, conference and meeting facilities. Recommending workable development strategies for the Project like BTO, BTL, BTS, and JV etc. and proposing a phasing strategy in line with suggested development.