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Old June 14th, 2009, 03:49 AM   #701
Soroban
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Emaar to build 1.1km tall tower
Angela Giuffrida

Last Updated: June 14. 2009 12:00AM UAE / June 13. 2009 8:00PM GMT Emaar Properties has won the contract to build a tower higher even than its own Burj Dubai, at present the world’s tallest building.

In a deal worth 100 billion Saudi riyals (US$26.6bn, Dh98bn), Kingdom Holding chose Emaar from a list of five bidders to build the 1,100m tower and surrounding Kingdom City in Jeddah, according to a statement on the Kingdom website yesterday.

“The alliance between Kingdom Holding Company and Emaar is strategic,” said Prince Alwaleed bin Talal bin Abdulaziz Alsaud, the chairman of Kingdom Holding.

“Emaar was selected ... for its previous proven experience in the development of mega- projects, its knowledge of the area and social set-up.”

The Kingdom City development will be one of the largest and most ambitious projects to be built in Saudi Arabia.

With Kingdom Tower as its centrepiece, the development will be spread over 23 million square metres and will be modelled on a design similar to Emaar’s Downtown Burj Dubai community, including a mixture of residential, commercial and entertainment facilities.

Kingdom City is expected eventually to house 80,000 people.

In a report released yesterday Jones Lang Lasalle, the property consultant, said Saudi Arabia’s property market would be the strongest in the region over the next one to two years.

Emaar, which is the largest developer in the UAE, is nearing completion on the 818m Burj Dubai, with an expected opening in September. The company is also developing the King Abdullah Economic City in Saudi Arabia.

From: http://www.thenational.ae/article/20...706139834/1010
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Old June 14th, 2009, 04:42 AM   #702
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Quote:
Originally Posted by malec View Post
Emaar?
Haven't they put on hold, or almost put on hold pretty much all their projects?
right, almost everything ON HOLD in Dubai but Saudis still have some money

Emaar to develop mega Saudi project


Reuters
Published: June 14, 2009, 00:04


Riyadh: Saudi-based Kingdom Holding Co said on Saturday it has appointed Emaar Properties as lead developer of a large property project that will feature the world's tallest tower.

Emaar will be in charge of developing and supervising the construction of Jeddah Kingdom City land and Kingdom Tower, said an e-mailed statement from Kingdom Holding, which is 95 per cent owned by billionaire Prince Al Waleed Bin Talal.

"Emaar was selected... for their previous proven experience in the development of mega projects, their knowledge of the area and social setup," it said.

The project, with a total investment of at least 100 billion riyals (Dh100 billion), will be located in the Red Sea port city of Jeddah, Kingdom Holding added.

http://www.gulfnews.com/business/Rea.../10322573.html
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Old June 14th, 2009, 04:46 AM   #703
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Yup. Just read this.

This is going to be awesome!
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Old June 14th, 2009, 04:54 AM   #704
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The taller the better, I just want to see this thing really get built. This is a real supertall tower. It would be an accomplishment that all human beings could be proud of.
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Old June 14th, 2009, 07:57 AM   #705
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This will be an amazing engineering accomplishment when built. Compared to the Burj Dubai with its setbacks and tall spire, KT just tapers all the way up. The lower floors are going to have to withstand some very heavy loads.

I wonder how far it will sway from side to side at the top? Lots of interesting challenges for the builders.
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Old June 14th, 2009, 09:44 AM   #706
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remooooooove it from the proposed !!!!
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Old June 14th, 2009, 11:06 AM   #707
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Quote:
Originally Posted by Imre View Post
right, almost everything ON HOLD in Dubai but Saudis still have some money
Exactly, because, when dubai in these days borrows money from more reasonable abu dhabi to safe their bigest projects, saudis is still country with economy well based on oil, and they still have a hell of a lot of it So last thing they did need was a proper developer, and now they have it. Good sign for that project.
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Old June 14th, 2009, 01:40 PM   #708
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So, who lives in Jeddah? I'd like some pictures!
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Old June 14th, 2009, 02:06 PM   #709
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Some links form this historical moment !!!

http://blogs.thenational.ae/crane_co...1km-tower.html

http://www.khaleejtimes.com/biz/insi...ction=business

http://ae.zawya.com/Story.cfm/sidZAW...in%20Saudi%20/

http://www.bi-me.com/main.php?id=378...=35&cg=4&mset=

http://www.constructionweekonline.co...meframe_given/



KHC chairman HH Prince Alwaleed bin Talal bin Abdulaziz Al Saud shakes hands with Emaar chairman Mohammed Ali Al Abbar.




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Old June 14th, 2009, 02:08 PM   #710
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Some info about Jeddah, it has 3.4 million inhabitants, and it has a few high buildings + the highest fountain in the world : King Fahd's Fountain:


It also has a 235m- tall tower the National Commercial Bank

I don't know about other high towers, but Kingdom Tower would be like 4 times as high as their highest tower right now. Will probably look sort of like the Taipei 101 in Taipei.
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Old June 14th, 2009, 06:45 PM   #711
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Question... is the height of 1100m the end. Or is the height unknown and could it be even 1450m or something like that?
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Old June 14th, 2009, 06:52 PM   #712
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Quote:
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Question... is the height of 1100m the end. Or is the height unknown and could it be even 1450m or something like that?
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Old June 14th, 2009, 06:53 PM   #713
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Quote:
Originally Posted by Rody69 View Post
from Abhur exhibition









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Old June 14th, 2009, 06:56 PM   #714
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Quote:
Originally Posted by Buyckske Ruben View Post
Question... is the height of 1100m the end. Or is the height unknown and could it be even 1450m or something like that?
I don't know from where did the U.A.E media get this number!!!
the final height is still secret!!!!!and take it from me: the minimum proposed height is much higher than 1100m
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Old June 14th, 2009, 07:02 PM   #715
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Quote:
Originally Posted by Rody69 View Post
I don't know from where did the U.A.E media get this number!!!
the final height is still secret!!!!!and take it from me: the minimum proposed height is much higher than 1100m




Rody 69 You are the men for the right info... that what a tought to. The gonna be a very big baby ladies and gentlemen .


This is a crazy day


its gonna dwarf everything.
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Old June 14th, 2009, 07:16 PM   #716
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Quote:
Originally Posted by GulfArabia View Post
remooooooove it from the proposed !!!!
It's not under construction yet, and probably won't be for another year or two. There's a lot of work still to do.
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Old June 14th, 2009, 07:16 PM   #717
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We had this before, this project can pause again sometime in the future.
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Old June 14th, 2009, 07:16 PM   #718
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Fantastic news!

I'm crying in front of my computer.
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Old June 14th, 2009, 07:17 PM   #719
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It`s not expensive to fly from Frankfurt to Jeddah.

If they build the tower i will go their two times. Once it reaches 800-1000m and when it`s completed.

That`s a promise, i will keep.

Now let`s build it
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Old June 14th, 2009, 08:24 PM   #720
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ohh my God
I could not imagine when this was really realised...Definitely the world eyes would baffled saw this building
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