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]

Jeddah Economic City
LocationJeddah, Saudi Arabia
Coordinates21°44′N 39°05′E / 21.73°N 39.08°E / 21.73; 39.08
StatusUnder construction
Constructed2013 (construction start)
Estimated completion2030
UseMulti use
WebsiteOfficial Website
Companies
ArchitectHOK Architects
OwnerAl-Waleed bin Talal
Kingdom Holding Company
Technical details
Cost$30 billion (SR75 billion)
BuildingsJeddah Tower
Size5,202,570 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

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References

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  1. ^ 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.
  2. ^ 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.
  3. ^ Matthews, Stuart. "City of the hyper tall". Construction Week Online. ITP Business Publishing. Retrieved 16 August 2011.