Jeddah Tower Construction Resumes After Five-Year Hiatus
Jeddah Tower Construction Resumes After Five-Year Hiatus

Jeddah Tower Construction Resumes After Five-Year Hiatus

News summary

Construction of the Jeddah Tower in Saudi Arabia has officially resumed after a five-year hiatus, marked by the ceremonial pouring of concrete. The project, led by Kingdom Holding Company, aims to create the tallest building in the world, exceeding 1,000 meters, and is expected to feature luxury residences, commercial spaces, a Four Seasons hotel, and an observation deck. The tower's construction was paused in 2018 due to political issues and the pandemic but is now back on track with a contract awarded to the Saudi Binladin Group worth approximately $2 billion. Kingdom Holding's CEO emphasized that the tower will serve as a beacon of innovation and a catalyst for growth, re-defining Jeddah's skyline and positioning Saudi Arabia as a hub for architectural excellence. The anticipated completion timeline for the construction is roughly 42 months from now. As part of the larger development, the project will occupy an estimated 1.7 million square meters in the Obhur district.

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