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Old April 15th, 2012, 01:32 AM   #3641
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Originally Posted by erbse View Post
LOL. They didn't even secure the financing for this baby yet? Not sure, but that doesn't feel like we're seeing this baby really go up too fast.
It explains everything. The processes involved to get this thing started were FAR more complicated than what they told us. No wonder this hasn't started construction yet.
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Old April 15th, 2012, 10:48 AM   #3642
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this wont happen
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Old April 15th, 2012, 10:58 AM   #3643
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cant wait to see this.
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Old April 15th, 2012, 01:14 PM   #3644
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this wont happen
the chances for this to happen are pretty high at the moment
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Old April 15th, 2012, 03:46 PM   #3645
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hii,
I used google translator for this new fresh news I am not sure if it accurate or not :


Raise capital, "Economic Jeddah" to 8.8 billion Saudi riyals



Alwaleed: 63 months from the day you get Kingdom at the highest tower in the world

















Prince Alwaleed bin Talal bin Abdul Aziz Al Saud, Chairman of Kingdom Holding Company, on Sunday, for pumping Bin Laden Group, Saudi Arabia Ltd. Rls 1.5 billion for a stake estimated at 16.63% stake in Jeddah, the economic owner of Jeddah giant which includes the world's tallest tower .

He explained that this comes within the first phase to create the world's tallest tower in Jeddah, Saudi Arabia, up more than a thousand meters and a total cost estimated to 4.6 billion riyals.

The Company has been awarded Jeddah Economic (Jeddah Economic Company (JEC in the February 19, 2012 m on the final authorization for the establishment of the tower. And partners include companies Jeddah Economic (JEC) both of Kingdom Holding Company increased by 33.35% and Al Abrar Global Holdings by 33.35%, which represented Smoal Bakhsh, Abdul Rahman Hassan Sharbatly by 16.67% and the Bin Laden Group, Saudi Arabia Ltd. by 16.63%.

The project is located north of Jeddah, and occupies an area of ​​5.3 million square meters, overlooking the Red Sea and Gulf of sailing. Prince Alwaleed commented saying: "63 months from the day you get Kingdom at the highest tower in the world, God willing."

Also commented Engineer Talal Bin Ibrahim Al-Maiman Chief Development Officer and local investments and board member of the Kingdom Holding Company, a member of the Board of Directors of Jeddah Economic created in 2009 for the development of Kingdom City in Jeddah: "It is the vision of His Royal Highness Prince Alwaleed bin Talal, to create the tallest tower in the world in the city of Jeddah. " He added: "The taking of partners a company Jeddah economic decision to build this giant project is just another proof of their love and their faith in investing in this beloved country."



The area of ​​the tower flat half a million square meters, consisting of Four Seasons Hotel Four Seasons Four Seasons hotel and apartments, residential apartments and offices of category A, in addition to special housing units and the highest observation tower in the world. It also includes several other facilities.

Signed a contract to build the tower with the Bin Laden Group, Saudi Arabia Ltd. to 4.6 billion Saudi riyals (1.2 billion dollars). The total cost of the project the city of the Kingdom of 75 billion Saudi riyals (20 billion dollars).

Commented Abdul Rahman Hassan Sharbatly and Mr. Bakhsh Smoal Bcolhma: "It is the completion of the Kingdom Tower will be a global tourist attractions and one of the best places attractive to live and work in the region, in addition to the development of thousands of jobs and boost the local economy."

Engineer Talal Al Maiman: "The Kingdom Tower is the most important milestone will be a new urban civilization, and will be the main focus of this project is transformational in the city of Jeddah." The Maiman: "Our vision for the Kingdom Tower as a landmark a new addition to the status of the city of Jeddah's historic is the main crossing to Mecca," noting, saying: "The base southeast of the Kingdom Tower three will be on a straight line with the Kaaba in Mecca."

And supervised the design of the Kingdom Tower architect specialized engineering team, led by Adrienne Gordon Smith and the bulk of Smith Gordon Gill Adrian, based in Chicago, USA.

The design team includes Tomaseta Thorton Thorton Tomasetti Engineer is responsible for the design of three towers within three tallest towers in the world.

Was chosen as Smith Gordon Gill Adrian by the company after the Jeddah Economic competition included all of Pickard Chilton Pickard Chilton and Kohn Pedersen Fox Kohn Pederson Fox and Billy Clark Billy Fosters Pelli Clarke Pelli & Foster and their partners.
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Old April 15th, 2012, 07:19 PM   #3646
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Google Translation

Alwaleed: "Kingdom Tower" in Jeddah, will end after 63 months


Prince Alwaleed bin Talal Chairman of Kingdom Holding Company that the Bin Laden Group, Saudi Arabia Limited has injected 1.5 billion riyals exchange for a stake in Jeddah, the economic owner of Jeddah giant, which includes the highest tower in the world, raising the capital of Jeddah Economic from 7.3 billion riyals to 8.8 billion Real.

The share of Bin Laden in the first phase to create the world's tallest tower in Jeddah, up more than 1000 meters and a total cost estimated to 4.6 billion riyals.

Prince Alwaleed commented saying: "63 months from the day you get Kingdom at the highest tower in the world, God willing."

The area of ​​flat tower 500,000 square meters, consisting of Four Seasons Hotel and Apartments Four Seasons hotel and residential apartments and offices of the class A, in addition to special housing units and the highest observation tower in the world also includes several other facilities. The contract has been signed to build the tower with the Bin Laden Group, Saudi Arabia Ltd. to 4.6 billion Saudi riyals (1.2 billion dollars) as total cost of the project the city of the Kingdom about 75 billion riyals.


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Old April 15th, 2012, 07:30 PM   #3647
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btw...is there ANY need to build a huge, expensive, unecological, uneconomical (and, that´s really just my opinion - ugly) building like that in a vast dry desert or is it just a "mine is bigger than yours" thing...?
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Old April 15th, 2012, 07:48 PM   #3648
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Quote:
Originally Posted by Xorcist View Post
btw...is there ANY need to build a huge, expensive, unecological, uneconomical (and, that´s really just my opinion - ugly) building like that in a vast dry desert or is it just a "mine is bigger than yours" thing...?
you know
I like "mine is bigger than yours" thing
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Old April 15th, 2012, 07:56 PM   #3649
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ok...so the building makes no sense...just something for postcards...and er...

btw: of COURSE MINE is bigger than yours *rofl*

Last edited by Xorcist; April 15th, 2012 at 08:43 PM.
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Old April 15th, 2012, 08:10 PM   #3650
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Quote:
Originally Posted by Naif Saudi View Post
Google Translation

Alwaleed: "Kingdom Tower" in Jeddah, will end after 63 months


Prince Alwaleed bin Talal Chairman of Kingdom Holding Company that the Bin Laden Group, Saudi Arabia Limited has injected 1.5 billion riyals exchange for a stake in Jeddah, the economic owner of Jeddah giant, which includes the highest tower in the world, raising the capital of Jeddah Economic from 7.3 billion riyals to 8.8 billion Real.

The share of Bin Laden in the first phase to create the world's tallest tower in Jeddah, up more than 1000 meters and a total cost estimated to 4.6 billion riyals.

Prince Alwaleed commented saying: "63 months from the day you get Kingdom at the highest tower in the world, God willing."

The area of ​​flat tower 500,000 square meters, consisting of Four Seasons Hotel and Apartments Four Seasons hotel and residential apartments and offices of the class A, in addition to special housing units and the highest observation tower in the world also includes several other facilities. The contract has been signed to build the tower with the Bin Laden Group, Saudi Arabia Ltd. to 4.6 billion Saudi riyals (1.2 billion dollars) as total cost of the project the city of the Kingdom about 75 billion riyals.


So it seems that the output of financial meeting which took place lately was just increasing financing for the tower and as I see it project goes uninterrupted forward.
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Old April 15th, 2012, 09:27 PM   #3651
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ok...so the building makes no sense...just something for postcards...and er...

btw: of COURSE MINE is bigger than yours *rofl*
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Old April 15th, 2012, 09:29 PM   #3652
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Bin Laden Group? Ehhh?
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Old April 15th, 2012, 10:13 PM   #3653
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63 months = 5 years
actually five years is very short period for ultra high rise building!

BK tooks 6 years
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Old April 16th, 2012, 12:15 AM   #3654
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Bin Laden Group? Ehhh?
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Old April 16th, 2012, 12:58 AM   #3655
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The very same responsible for mecca's monster...
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Old April 16th, 2012, 02:31 AM   #3656
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Photos are indeed needed by now !!
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Old April 16th, 2012, 02:42 AM   #3657
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why? just sand...sand...and of course sand...maybe some construction workers, but right now it must be one of the most boring places in the world...if they really build that monster, wait about 6 months...so you will see something...concrete, steel...a core....but right now? sorry....yawn....
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Old April 16th, 2012, 05:37 AM   #3658
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at least the prince himself said : 63 months from now !! .So, now it doesn't matter .. I just wanted to know if there are a big staff working by the pics ..
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Old April 16th, 2012, 06:53 AM   #3659
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Quote:
Originally Posted by Xorcist View Post
btw...is there ANY need to build a huge, expensive, unecological, uneconomical (and, that´s really just my opinion - ugly) building like that in a vast dry desert or is it just a "mine is bigger than yours" thing...?
Um, this is a skyscraper appreciation forum. Most of us don't care about any of that.
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Old April 16th, 2012, 08:39 AM   #3660
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World's tallest tower to be completed by 2017

World's tallest tower to be completed by 2017
by CW Staff on Apr 16, 2012

Kingdom Holding says Jeddah's Kingdom Tower will be built in 63 months.

Jeddah's Kingdom Tower, set to become the world’s tallest building, will be completed midway through 2017, according to the chairman of one of the major shareholders in the project.

In a statement today, Kingdom Holding's HRH Prince Alwaleed Bin Talal said that the 1,000m+ high skyscraper in the Red Sea port city would be finished “in 63 months”. The final height of the skyscraper has yet to be announced.

If achieved, that will mean the Kingdom Tower will be completed faster than the Burj Khalifa, according to unofficial calculations made by the team at Construction Week. Officially, construction of the Burj started in January of 2004 and finished, officially, with a grand opening ceremony in January 2010.

That’s six years or, with a couple of extra days for leap years, 2,192 days of official construction activity; or 2.64 days per metre of completed building. If the Kingdom Tower is completed within the stated timeframe, that would equate to around 1.9 days per metre of completed building.

If construction advances at the same rate it did for the Burj Khalifa, it will take 2,642 days, or 7.24 years for Kingdom Tower to reach 1001 metres and be complete.

Kingdom Holding also announced that construction giants and holding company the Saudi Bin Laden Group has bought a 16.63% stake in the project for $400m (SAR1.5bn).

Prince Alwaleed’s Kingdom Holding has a 33.35% stake in Jeddah Economic Company, the firm set up to build the Kingdom Tower project.

The other shareholders are Abraar International Holding Company, also with 33.35%, and Jeddah businessman Abdulrahman Hassan Sharbatly with 16.67%.

Kingdom Holding said today that the final license from Jeddah municipality to build the Kingdom Tower was formally received on February 19.

The mixed use development will have a total construction area of more than 500,000m2 and will house a Four Seasons hotel, serviced apartments, office space, luxury condominiums and the world’s highest observation deck.

Kingdom Tower will form part of the wider Kingdom City project, a 20ha, $20bn (SAR75bn) development which will include a number of other residential and commercial buildings.

On completion, Kingdom Tower will trump Dubai's 828m Burj Khalifa to become the tallest free-standing structure in the world.

It may not hold the record for long however, with an Azerbaijani firm recently announcing plans to build a 1,050m structure in the Caspian Sea nation's capital Baku.
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