Its development plan, launched in 2005, consisting of hotels, apartments, offices, commercial outlets, and entertainment to be developed on 384,000 square metres (0.148 sq mi) of land, intending to create a total built-up area of over 2,000,000 square metres (0.77 sq mi).
A second phase was announced in May 2024, which will cover 1.2 million square meters and is expected to create over 3,000 jobs annually.
This phase aims to enhance Jordan's position in specialized tourism and promote a sustainable environment with green spaces.
[3] The project's idea was conceived in the early 2000s during a meeting between the then Lebanese prime minister and business tycoon Rafic Hariri and King Abdullah.
Phase I contains the following built up area: Total: 1,034,000 square metres It is envisioned with a central green park.