And finally… Funding secured for world’s tallest building at 1km high
The completion of what will be the world’s tallest tower in Saudi Arabia is finally in sight after developers secured funding to complete the project.
Stretching a full kilometre up into the sky, the Kingdom Tower in the small city of Jeddah will finally topple the Burj Khalifa’s current record of being the world’s tallest building at 828-metres.
With 26 floors already built the Saudi government has confirmed that $2.2bn in funding has just been secured to not only finish the tower but to also complete the rest of the city redevelopment.
This massive undertaking will see a square-kilometre of Jeddah become prime real-estate with state-of-the-art apartments, villas, and business centres all with the Kingdom Tower at its core.
With 200 floors it’ll have a Four Seasons hotel, apartments and offices making it a small town in its own right.
Architects Adrian Smith + Gordon Gill have incorporated design elements of the Burj Khalifa into the Kingdom Tower’s design but had to modify many of the structure’s core elements to compensate for the powerful winds that the tower will have to endure.
It’ll be completed by 2018.
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