JLL Delivers Saudi Industrial Development Fund’s New Headquarters
JLL’s Project & Development Services team creates an iconic 30,000sqm corporate office across 32 floors in KAFD
Saudi Industrial Development Fund
April 2019 – December 2022
Saudi Industrial Development Fund (SIDF) - the financial enabler for National Industrial Development and Logistics Program (NIDLP) program - appointed JLL as project manager for the relocation of their headquarters to King Abdullah Financial District (KAFD).
Occupying 32 floors with the brand and culture ingrained in the entire design, the new workplace, at 30,000sqm accommodates more than 900 employees with open plan and private office environments, meeting rooms, an academy, auditorium, cafeteria, recreation and breakout spaces.
The JLL Approach
We managed the project delivery process from design and procurement management, site works supervision to handover. As part of our role, we also provided move management for the migration of SIDF staff to the new premise.
Bringing it to life
This was a fast-tracked project with stringent programme deadlines. On top of meeting its aggressive timeline, our team was also faced with challenges posed by COVID-19 including lockdowns, disruption in supply chains and rising costs.
How JLL helped Saudi Industrial Development Fund to SEE A BRIGHTER WAY
By employing strategic planning, risk management, and meticulous project tracking, coupled with effective management of our client's expectations, seamless coordination of contractors and consultants, we successfully achieved a timely project handover. Instead of following the usual linear project delivery process, several phases were delivered in parallel.
To ensure the project remained on budget, value engineering was applied throughout the phases, substituting imported material with locally manufactured ones. This approach not only ensured cost-effectiveness but also supported the growth of the local manufacturing sector.