Jabal Omar Urban Development Competition
Makkah Construction and Development Company (MCDC)
IDEA built the financial model based on the design developed by the competition winner Omrania and Associates. The Financial model serves as a basis for developing the phasing strategy for the project and assessing its financial viability. The financial model is detailed and performs IRR (International Rate of Return) calculations for each development category.
IDEA also assisted in the design of the transportation, parking and infrastructure components of the project.
The Jabal Omar project covers the construction of hotel, residential, commercial, and prayer built up areas with their associated infrastructure and underground parking.