Bovis Lend Lease has teamed up with architect Foster & Partners on a £7.4 billion plan to build 750,000 homes in Saudi Arabia. The pair is working with Saudi Construction Group, a new company backed by some of the Kingdom’s richest businessmen, to develop a huge site about three miles outside the capital. It is planned the group will be floated in London or Riyadh by the middle of next year. The project is designed to cash in on Saudi government plans to provide a home for every Saudi citizen. The Saudi government believes there is a need for between 3-4 million new homes over the next ten to 15 years. Foster & Partners will create the masterplan for the site, which totals 7 million sq m. The Times