By Neeraj Gangal
$30bn Kingdom Tower will be located in Obhur, just outside of the port city of Jeddah
Saudi Arabia’s Kingdom Holding Company has approved a plan to build the world’s tallest building, according to a report on Tuesday.
The $30bn Kingdom Tower will be located in Obhur, just outside of the port city of Jeddah, The Saudi Gazette said in its report, without revealing the source of the information.
The 5,280-feet Kingdom Tower will exceed Dubai's 3,281-feet Nakheel Harbor and Tower, whose construction was put on hold. It would take an elevator 12 minutes to get to the top of the Kingdom Tower, The Saudi Gazette added.
At over 828 metres (2,716.5 feet) and more than 160 stories high, Dubai's Burj Khalifa is currently the tallest building in the world.
According to the Saudi Gazettte, an 8.9-square-mile city will also be built around the Kingdom Tower, which can accommodate 80,000 people and an additional one million visitors.
Kingdom Tower will be designed by US-based Adrian Smith, the same architect who designed the iconic Burj Khalifa, the report added.
The building will have 12 million cubic feet of space for offices, a hotel and residential units. Its floor area will be 38 million square feet, according to Saudi Gazette.
Its difficult to understand the need to go for so much tall buildings adding to the risk. There is so much space to grow horizontally and I see no reason to go up vertically.
It's called lack of common sense. Pure ego!
Well...thats why they call it "The Sky is the Limit" i guess...
No chance this project will go ahead. Just another gimic. Not the first time they have done this joke...
Wasn't it reported that Jeddah lacked a basic foul and storm drainage system which has led to several disasterous and expensive floods in recent years? I would guess that the people of the city would be more interested in getting that, rather than having a shiny, tall, empty building to look at, maybe I'm worng!
Don, Ali and Sujay,
If we do this it is because we think it is important and because we have the money...
Whether you think it is what we should do matters not at all...
Have a nice day!
This is a well thought answer. A well crafter reasoning and a careful analysis of the implications.
At least you will pay it yourselves and not borrow like in some other places.
Waste, instead they should diversify their economy, their gdp per capita is still low and the oil is the backbone of their economy.
I don't know what the fuss is all about. I mean if they built it shorter than Burj Khalifa, no one would say anything. Build it a bit taller and all this nonsense about GDP, water drainage problem in Jeddah, etc. Obviously Saudi Arabia has the money to do a lot of things, least of all a tall building; they also have a growing economy with huge demand for office space. I am not a particular fan of Saudi Arabia, but all the power to them! At least they are building it in their own country and not buying New York skyscrapers and losing their shirt in the process.
What a shame. When are these guys going to learn.Why don't they build the best schools, colleges a university or the best hospital in the world.