Latest news with #JeddahTower
India.com
6 days ago
- Business
- India.com
Dubai's Burj Khalifa will no longer be world's tallest tower as THIS country is building..., not US, China or India but...., its height will be...
Burj Khalifa- File image Saudi Arabia's Jeddah Tower surpass Dubai's Burj Khalifa: In a matter of viral news that is getting worldwide attention, Saudi Arabia has officially resumed the construction of the Jeddah Tower, aimed to break all existing records as the world's tallest structure, Burj Khalifa. For those unversed, the Burj Khalifa, with a total height of 828 m, is a megatall skyscraper located in Dubai, United Arab Emirates is currently called the world's tallest structure. Readers should note that the Jeddah Tower was initially launched in 2013 and then stalled due to financial and political challenges. However, now, the construction of Jeddah Tower has finally resumed in Saudi Arabia. Will Saudi's Jeddah Tower surpass Dubai's Burj Khalifa? As per media reports, the ambitious $2.6 billion project is set to exceed 1,000 meters in height, dethroning Dubai's Burj Khalifa (828 meters) as the tallest building on Earth. More importantly, the tower designed by renowned architect Adrian Smith will not only make headlines due to its height but also having a multifunctional space that will house luxury residences, a Four Seasons hotel, office spaces, and retail outlets. The revival of the tower is also seen as a sign of improved investor confidence in Saudi Arabia as the country struggles with depleting crude oil reserves. India, Saudi Arabia bolster bilateral ties Meanwhile, Union Health and Chemicals and Fertilisers Minister, JP Nadda visited Saudi Arabia, highlighting strong economic ties between India and Saudi Arabia focusing on enhancing bilateral cooperation in the chemicals and fertilisers sector, an official statement was quoted by a report by news agency IANS. A a part of the visit, JP Nadda led a high-level delegation for the two-day official visit over the weekend. The minister held discussions with the Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al Khorayef, in Riyadh on mechanisms to strengthen partnership in fertilisers, petrochemicals and pharmaceutical sectors, the report said. (With inputs from agencies)
Newsweek
05-07-2025
- Business
- Newsweek
Map Shows Where Every Major Skyscraper Is Being Built in the US Right Now
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. From Oklahoma to Texas, cities across the United States are engaging in a vertical race, with new skyscraper projects aiming to redefine their skylines. Currently in the lead is Oklahoma City's Legends Tower, a 1,907-foot structure that would be the tallest building in the U.S. upon completion. However, other towers in New York, Austin, Detroit, and Bellevue are advancing their own bids. Why It Matters The race for the world's tallest building is an international one, though the U.S. does not currently have a competitor that could beat either the current tallest building, the Burj Khalifa in Dubai, or the Jeddah Tower in Saudi Arabia, which will be the tallest in the world upon completion. Legends Tower (Oklahoma City, OK) Rendering of the Legends Tower in Oaklahoma City. Rendering of the Legends Tower in Oaklahoma City. AO Height: 1,907 feet Floors: 126 Use: Mixed-use (residential, hotel, retail) The Legends Tower will be the most prominent of the new generation of skyscrapers, standing taller than One World Trade Center in Manhattan and making Oklahoma City, rather than New York or Chicago, home to the nation's tallest building. It will also be the sixth-tallest building in the world. It is currently scheduled for completion by 2030. 270 Park Avenue (New York City, NY) A rendering of 270 Park Avenue, in New York City. A rendering of 270 Park Avenue, in New York City. JPMorgan Height: 1,388 ft Floors: 60 Use: Office (JPMorgan Chase headquarters) Currently under construction in Midtown Manhattan, this tower will serve as JPMorgan Chase's new headquarters. At 60 stories, it is set to become one of the tallest office buildings in New York, replacing the Union Carbide Building. Construction began in 2021, with topping out expected in 2025. 3. Waterline – Austin, TX A rendering of the Waterline tower in Austin, Texas. A rendering of the Waterline tower in Austin, Texas. Lincoln Property Company Height: 1,031 ft Floors: 74 Use: Mixed-use (residential, hotel, office) Waterline will become Texas's tallest building when completed in 2026. Designed by Kohn Pedersen Fox, the tower will integrate 351 luxury apartments, a 251-room 1 Hotel Austin, and 700,000 square feet of office space. Located at 98 Red River Street, adjacent to Lady Bird Lake, the development will also feature 24,000 square feet of ground-level retail and restaurants. 4. Hudson's Site Tower – Detroit, MI A rendering of Hudson's Site Tower in Detroit. A rendering of Hudson's Site Tower in Detroit. Hudson Height: 685 ft Floors: 49 Use: Mixed-use (residential, hotel, retail) The Hudson's Site development will be the tallest in Michigan when it opens in 2025. Built on the historic site of the former J.L. Hudson's department store, the SHoP Architects-designed tower features a 49-story skyscraper, a 14-story mid-rise, and underground parking. It will host 97 luxury condos, a 210-room EDITION Hotel, and General Motors' new global headquarters, along with retail and event space. 5. Bellevue 600 – Bellevue, WA A rendering of the 600 Bellevue construction project. A rendering of the 600 Bellevue construction project. Amazon Height: 600 ft Floors: 43 Use: Office Bellevue 600 topped out in 2024 at 600 feet, becoming the tallest building in the city, and will be the first tower on this list to be completed; it is expected to be finished later in 2025. The 43-story tower, designed by NBBJ for Amazon, includes 885,000 square feet of office space, a 16,000-square-foot meeting center, and 14,000 square feet of retail. Located at 600 108th Avenue NE, it's directly connected to the Bellevue Downtown Link light rail station and the city's transit hub.
Newsweek
12-06-2025
- Business
- Newsweek
Skyscraper Four Times the Height of Empire State Building Planned
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Bidding has been opened for the construction of the Rise Tower, which would be the tallest building in the world if completed. The tower, in Saudi Arabia, would be the first to reach 2 kilometers (1.2 miles), or 6,562 feet, in height—more than four times as tall as the Empire State Building and overtaking both the Burj Khalifa and the upcoming Jeddah Tower, which is also under construction in the country. The Context Saudi Arabia's Public Investment Fund, which opened the bidding, is designed to shift the country's economy away from dependence on oil exports to new growth in tourism, often through pouring capital into megaprojects, such as the linear city of Neom. A rendering of Rise Tower in North Riyadh, Saudi Arabia. A rendering of Rise Tower in North Riyadh, Saudi Arabia. Foster & Partners Rise Tower would be another of these projects, designed to be part of Vision 2030—the deadline that Crown Prince Mohammed bin Salman has set for many of the projects in Saudi Arabia. What To Know The Rise Tower will be based in North Riyadh, in a new district called the North Pole. It will be more than twice the height of the current tallest building in the world, the 2,717-feet Burj Khalifa in Dubai and even Saudi Arabia's Jeddah Tower, which will rise to 3,281 feet when completed and was set to take the record. The skyscraper will also equal around four-and-a-half Empire State Buildings, at 1,250-feet tall, stacked up. The Public Investment Fund recently opened up calls for bids to oversee the construction of the North Pole district, including Rise Tower, which was designed by U.K.-based studio Foster & Partners. Newsweek contacted the Public Investment Fund and Foster & Partners via email for more information on the skyscraper's design. The reported cost of the Rise Tower development is estimated at $5 billion, but the costs of projects this large and complex can vary wildly and that number will likely change in the future. For comparison, the Burj Khalifa cost roughly $1.5 billion to build, while the Jeddah Tower has an estimated price tag of $26 billion. What People Are Saying In a statement seen by Newsweek, Mohammed Al Qahtani, the CEO of Saudi Arabia Holding Co., said: "The project is poised to usher in a remarkable transformation, redefining the region's economic and social landscape. Anticipated to generate new job opportunities, attract foreign investments, and elevate living standards, this visionary project aims to elevate Riyadh's global standing as a modern metropolis." What Happens Next No timeline for the tower's completion has been outlined yet, as there is not yet a construction consortium for it. However, all Vision 2030 projects have the same provisional deadline for the end of the decade.
Mid East Info
13-05-2025
- Business
- Mid East Info
Saudi Giga Projects 2025 Opens with Visionary Leadership and Global Momentum - Middle East Business News and Information
MEED's annual conference kicked off today in Riyadh focusing on national transformation through the Kingdom's most notable projects Saudi Giga Projects Summit is set to host 70+ speakers over the 3-day event Riyadh, Saudi Arabia –May 2025: Saudi Giga Projects Summitt 2025 (12-14 May) kicked off today in Riyadh, bringing together senior leaders from construction to drive forward an agenda focused on the Kingdom's development. With $288,592 billion worth of projects awarded in the last 12 months, the event falls at a particularly crucial time to focus on construction and development throughout the Kingdom. Day One welcomed over 500 leaders from 150 companies, setting the tone for a three-day programme featuring more than 70 speakers, including CEOs, policymakers, and global technology pioneers. The day one agenda focused on progress updates from Saudi Arabia's most renowned projects. Executives from ROSHN Group, NEOM, Diriyah, and Red Sea Global offered rare insight into the challenges of delivering large-scale developments. Projects such as Roshn's Sedra community and Red Sea Global's zero-emission resorts are already welcoming residents and visitors, signalling a shift from planning to reality. The panel discussion highlighted a common thread: the need for integrated collaboration, scalable delivery frameworks, and innovation in everything from workforce development to infrastructure logistics. Philip Gullett, Executive Director and Region Head of Trojena at NEOM, described progress as 'a military operation,' referencing the complexity of managing roads, dams, hotels, and homes within a remote mountain terrain. Key insights also came from Kingdom Holding Company, which confirmed that construction on the Jeddah Tower, poised to become the tallest building in the world at 1,005 metres, is well underway. In a fireside chat with Colin Foreman, Editor at MEED, Talal Almaiman, CEO of Kingdom Holding, described the project as a powerful statement of national pride, remarking: 'Height is pride… and we are very proud of this country. I think Saudi Arabia deserves to have the tallest building in the world.' A panel of C-suite executives, including Charles Trad, CEO at UNIMAC; Ashraf Alameria, CEO at El-Seif Engineering Contracting; Husam Gawish, Partner and Head of Operations at HKA; Edward Surgeon, Regional Director MENA at Procore and Saurabh Shekar, Principal at Kearney Middle East, met to discuss explored the perception of a slowdown in giga projects, with experts asserting it is a recalibration, not a retreat. With $1.3 trillion in construction forecast by 2030, Saudi Arabia remains the world's most dynamic market. Edward Surgeon remarked that 'the ambition here rivals Apollo 11.' The challenge now lies in building an ecosystem that invites greater international participation. A key thread across all sessions today was the emergence of AI as an important factor in development. This was particularly crucial in a session with Howard Wu, Executive Director for International Investments and Manufacturing at Oxagon and Abdulaziz AlMubarak, Head of Business Development KSA at DataVolt, chaired by MEED's Energy and Technologies Editor, Jennifer Aguinaldo. The session included key insights from Oxagon and DataVolt, looking at the importance of AI in today's project, and how this can be used responsibly as part of sustainable development. The first day concluded with a session on Royal Institute of British Architects (RIBA) outlining their Plan of Work, benchmarking this across entities across the globe. Speaker Dale Sinclair, Head of Digital Innovation at WSP, outlined RIBA's process through 7 key stages of work. As the summit continues, Day Two will include key updates and insights from Nemetschek Group, project showcase and updates from ROSHN Group, AlUla and Sports Boulevard and a series of panel discussions including 'Securing the Future Beyond 2030' and 'The Role of Private Sector Investment and PPPs in Delivering Giga Projects'. About MEED: MEED is the Middle East's leading business intelligence and events platform. Since 1957, it has delivered essential news, analysis, and data on the region's biggest projects, economies, and business trends. MEED Events convene decision-makers, project leaders, and innovators to shape the future of the region through curated summits, awards, and insight-led
News18
12-05-2025
- Business
- News18
Apple Park To Abraj Al Bait, Inside The World's Costliest Architectural Marvels
Last Updated: Here's a look at the top 10 most expensive buildings in the world and surprisingly, Dubai's most iconic Burj Khalifa is not in the list. The Jeddah Tower in Saudi Arabia, currently under construction, is set to claim the title of the world's tallest skyscraper and one of the most expensive complexes. Buildings like these are not just structures, they're a visual marvel. From shopping malls and office buildings to stadiums and luxury hotels, the most impressive structures around the globe are designed to leave a strong impact. However, building such grand structures comes with a hefty price tag. The cost of these projects depends on several factors, including land prices, local labour and the building's purpose. In this article, we look at the top 10 most expensive buildings in the world and surprisingly, Dubai's most iconic Burj Khalifa is not on the list. Hudson Yards in New York City – Built in phases since 2020, the project covers a huge area on Manhattan's West Side and includes offices, luxury homes, a modern arts centre, a fancy shopping mall and a total of 16 buildings. Back in 2015, the builders managed to get $5 billion in funding just for one tower, 30 Hudson Yards and the overall cost went up to $25 billion. After it was fully built, it has 4000 apartments and enough space to accommodate around 55,000 workers. The Abraj Al Bait in Mecca – The structure was built by the Saudi government, with the sole purpose of welcoming pilgrims who visit the city every year. This massive complex has seven skyscrapers and its total cost is around $15 billion. The main attraction of the complex is the Makkah Royal Clock Tower, which stands at 1972 feet and has a crescent-shaped spire at the top. Inside the tower, there is a luxury hotel that offers beautiful views of the Masjid al-Haram, the biggest mosque in the world and the holiest place in Islam. Visitors can explore an astronomy centre and an observation deck. One of the most eye-catching features is the giant clock, which lights up with 21,000 green and white LEDs. SoFi Stadium in California – It's a massive project that costs around $5 billion, covering 3.1 million square feet and has a seating capacity of over 70,000 people. The idea for this grand stadium came from Rams owner Stan Kroenke, but it was not easy to make, as the project faced many delays because of bad weather, Covid pandemic and the loss of two workers. It took over four years to complete. One of the stadium's special features is its curved roof, allowing fresh air inside while still looking very modern. Apple Park in Cupertino – This unique building has been referred to as a spaceship or a glass doughnut because of its round design. It is Apple's main headquarters and is known for its impressive and eco-friendly architecture. When planning started, the budget was about $3 billion, but it exceeded $5 billion because of special features like the curved glass used on the outside and the focus on using green energy. The building has an area of 2.8 million square feet and it can hold around 12,000 employees. The Palace of the Parliament in Romania – It was ordered to be built by former leader Nicolae Ceaușescu in 1984. To build this massive palace, nearly 20% of Bucharest was demolished, forcing around 40,000 people to leave their homes. More than 700 architects and 20,000 workers worked day and night to bring Ceaușescu's vision to life. The building is filled with expensive materials like marble, crystal chandeliers and gold decorated ceilings. It is so large that it was built along a wide boulevard, which was intentionally made wider than Paris's famous Champs-Élysées. The Cosmopolitan in Las Vegas – This 50-storey tower offer something different from the usual bright and flashy vibe of the Strip. The developers wanted it to feel more stylish, which is why they added many fancy features that made the building very expensive which is $3.9 billion. One special thing about it is that it has windows, which is rare for Vegas casinos, as it allows visitors to see outside and know whether it's day or night. One of the most interesting parts of the hotel is the Chandelier Bar, a beautiful three level space decorated with 2 million sparkling crystals. World Trade Centre in New York City – The complex was built after long discussions on how to properly honour the Twin Towers that were destroyed during the 9/11 attacks. The new building, which cost around $3.8 billion, was finally completed and opened in 2014. Its height, 1776 feet, was chosen to represent the year the United States became independent. When it was finished, it became the tallest building in the country, designed by architect David Childs. Visitors can go up to the sky lobby to see amazing views of the city and enjoy different activities inside the building. Emirates Palace in Abu Dhabi – It was built as a lavish hotel for tourists rather than a palace for the royal family. The hotel covered over 2 million square feet, which has only 394 rooms, including luxurious suites and cost $3 billion to build. Inside, the ceilings are decorated with gold leaf, which needs to be replaced regularly, while sparkling Swarovski crystal chandeliers add to its luxurious feel. The hotel has hosted famous figures and was also featured in The Fast and the Furious 7. Wynn Resorts in Las Vegas – After the success of the Bellagio, Steve Wynn decided to build his casino in Las Vegas, which is now named after him. The complex is a beautiful, curved building that cost $2.7 billion to construct. It has over 2700 rooms and more than 1800 slot machines, plus a Michelin-starred restaurant. Roger Thomas created a dreamy atmosphere with colourful carpets and hanging parasols. One special touch at the Wynn is its signature scents, which were created by the owner himself to make guests feel certain emotions. Watch CNN-News18 here. News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! First Published:
