Riyadh’s Capital Market Authority Tower Honored at International Property Awards
The Capital Market Authority (CMA) Tower in Riyadh, designed by HOK and Omrania & Associates, has received a Highly Commended Award in the Best Commercial High-rise Architecture Saudi Arabia category at the 2016-17 Africa & Arabia Property Awards.
The awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry.
Soaring 1,260 feet above the surrounding cityscape, the 80-story CMA Tower is one of the world’s most high-tech supertall buildings.
When it opens in mid-2017, the CMA Tower will position Riyadh as the financial and economic center of the Middle East. It is the centerpiece and tallest structure within the King Abdullah Financial District, a mixed-use development that creates a world-class financial hub for the Kingdom of Saudi Arabia. Capital Market Authority, the government organization responsible for regulating Saudi Arabia’s capital markets, will occupy the top floors.
Together with its integrated facade system, the iconic geometry of the building contributes to a highly functional yet strikingly originally form on Riyadh’s skyline. The tower’s crystalline facade references the crystals found in wadis—dry ravines located in the Saudi Arabian desert. This transparency creates an open grid and provides access to natural light within the office tower.