2014-04-21

Skyscraper Index: Oil Prices Peaking?

Saudi Arabia to begin building world’s tallest skyscraper
The Kingdom Tower in the coastal city of Jeddah will measure 3,280 feet (1km), some 568 feet (173 meters) taller than the current Guinness world record holder, Dubai’s Burj Khalifa, which stands at 2,716 feet (827 metres).

At an estimated cost of $1.23bn, the tower in Saudi will require approximately 5.7 million square feet of concrete, 80,000 tonnes of steel for its 200 floors and will take five years to complete, according to The Saudi Gazette.

The tower, overlooking the Red Sea, will feature a five-star Four Seasons hotel, apartments, office space and an observatory.

But constructing the tower is not without its many challenges.

No comments:

Post a Comment