The Kuwait Capital Markets Authority (CMA) is an important symbol of Kuwait. It was established in 2010 as the guardian of the financial stability of the Kuwait Stock Exchange, the oldest stock exchange in the Gulf region.
CMA approached Pace to design a dynamic new permanent home for 1,200 employees on the peninsula of the Gulf Sea with a clear objective. To create a place where they can enjoy their working lives and experience enriching interactions.
The design process commenced with the upmost objective of providing a pleasant, supportive, safe and healthy environment for all that is reflective of the culture of Kuwait and the international context in which the Authority operates in.
The concept extracts inspiration from the courtyard homes that define Kuwait's tradition. The design creates a structure that mirrors the organisation’s own through a series of stacked courtyard 'houses' enveloped within a glass and stone facade.
The building plot sits within an irregular rectangle bound by roads on three sites. Given its proximity to the Arabian Gulf, views will be spectacular. The building diminishes the constraints of the restricted site with a rotating form to maximise its limitations. The rotation of the tower begins at the base of the building as the lower levels transition from the regular rectangle of the site to the rational, perfect square footplate of the tower through a series of gently stepped layers. The resulting form is a dynamic building base juxtaposed with an elegant and simple tower.