Saudi Downtown Company Employee Directory
Real EstateRiyadh, Saudi Arabia51-200 Employees
Saudi Downtown Company is a real estate developer based in Riyadh, Saudi Arabia. It operates as a wholly owned subsidiary of the Public Investment Fund (PIF), and its work is guided by the fund's strategy in support of Vision 2030. The company aims to enhance urban living and spark economic activity by developing downtowns and destinations across twelve cities in the kingdom. Its projects are intended to create new experiences and opportunities for residents, visitors, and businesses in the retail, entertainment, hospitality, and housing sectors. Recent developments illustrate its collaborative approach. In April 2026, Cenomi Group entered into a lease partnership with Saudi Downtown Company, described as supporting an asset-light growth strategy and reinforcing collaboration across retail, food and beverage, and entertainment aligned with Vision 2030 objectives. Earlier, in March 2023, RedSea partnered with Saudi Downtown Company, signaling ongoing partnerships to expand its urban development footprint.