Jeddah Economic City, previously known as Kingdom City, is a 5,202,570 m2 (56,000,000 sq ft) project approved for construction in Jeddah, Saudi Arabia.[1] The project is designed by the Kingdom Holding Company, a firm owned by Prince Al-Waleed bin Talal.[1] Jeddah Economic City will host both commercial and residential development including homes, hotels, and offices.[1][2]
Location | Jeddah, Saudi Arabia |
---|---|
Coordinates | 21°44′N 39°05′E / 21.73°N 39.08°E |
Status | Under construction |
Constructed | 2013 (construction start) |
Estimated completion | 2030 |
Use | Multi use |
Website | Official Website |
Companies | |
Architect | HOK Architects |
Owner | Al-Waleed bin Talal Kingdom Holding Company |
Technical details | |
Cost | $30 billion (SR75 billion) |
Buildings | Jeddah Tower |
Size | 5,202,570 m2 (56,000,000 sq ft) (originally 23,000,000 m2 (247,569,940 sq ft)) |
The centerpiece of the development will be Jeddah Tower, planned to be the tallest building in the world upon its completion.[2] The entire project is estimated to cost $20 billion (SR75 billion).[3]
Construction of the project began with the Jeddah tower in 2013 and is expected to be completed around 2030.[1]
See Also
editReferences
edit- ^ a b c d "8.4 billion real estate deal objective is to develop Jeddah Tower and the Jeddah Economic City". Kingdom Holding Company. 29 November 2015. Archived from the original on 30 November 2015. Retrieved 30 November 2015.
- ^ a b Dolan, Kerry A. (13 October 2008). "Saudi Prince Aims For The Sky". Forbes. Archived from the original on 23 January 2013. Retrieved 16 August 2011.
- ^ Matthews, Stuart. "City of the hyper tall". Construction Week Online. ITP Business Publishing. Retrieved 16 August 2011.