The Saudi Arabian government announced that $2.2 billion has been secured to fund the construction of Jeddah City, a development that includes Jeddah Tower. At more than 3,280 feet, the tower will be the globe’s first kilometer-tall building, according to The Verge.
Also known as the Kingdom Tower, the Saudi project will overtake the 2,716-foot-tall Burj Khalifa in Dubai. It will be completed by 2018.
Adrian Smith + Gordon Gill Architecture designed the tower to have 200 floors for offices, apartments, and hotel rooms. It will have the world’s highest observation deck, at 2,000 feet. More on the project from AS+GG.
Located near the Red Sea, the tower has 200-foot-deep foundations and an angular shape to mitigate wind exposure. Construction up to the 26th floor has been completed already.
Jeddah Tower probably won’t remain the world’s tallest for long. Iraq recently announced plans for a tower named “The Bride,” which reportedly will stand 3,779 feet tall. That is expected to be completed by 2025. Also in the works is the Azerbaijan Tower, a 3,445-foot tower in Baku, Azerbaijan, that is slated for completion in 2019.
Related Stories
| Oct 13, 2010
HQ renovations aim for modern look
Gerner Kronick + Valcarcel Architects’ renovations to the Commonwealth Bank of Australia’s New York City headquarters will feature a reworked reception lobby with back-painted glass, silk-screened logos, and a video wall.
| Oct 12, 2010
Guardian Building, Detroit, Mich.
27th Annual Reconstruction Awards—Special Recognition. The relocation and consolidation of hundreds of employees from seven departments of Wayne County, Mich., into the historic Guardian Building in downtown Detroit is a refreshing tale of smart government planning and clever financial management that will benefit taxpayers in the economically distressed region for years to come.
| Oct 8, 2010
Union Bank’S San Diego HQ awarded LEED Gold
Union Bank’s San Diego headquarters building located at 530 B Street has been awarded LEED Gold certification from the Green Building Certification Institute under the standards established by the U.S. Green Building Council. Gold status was awarded to six buildings across the United States in the most recent certification and Union Bank’s San Diego headquarters building is one of only two in California.
| Sep 21, 2010
New BOMA-Kingsley Report Shows Compression in Utilities and Total Operating Expenses
A new report from the Building Owners and Managers Association (BOMA) International and Kingsley Associates shows that property professionals are trimming building operating expenses to stay competitive in today’s challenging marketplace. The report, which analyzes data from BOMA International’s 2010 Experience Exchange Report® (EER), revealed a $0.09 (1.1 percent) decrease in total operating expenses for U.S. private-sector buildings during 2009.
| Aug 11, 2010
New data shows low construction prices may soon be coming to an end
New federal data released recently shows sharp increases in the prices of key construction materials like diesel, copper and brass mill shapes likely foreshadow future increases in construction costs, the Associated General Contractors of America said. The new November producer price index (PPI) report from the Bureau of Labor Statistics provide the strongest indication yet that construction prices are heading up, the association noted.