Jeddah Economic City Explained

Urban Development Name:	Jeddah Economic City
Location:	Jeddah, Saudi Arabia
Status:	Under construction
Constructed:	2013 (construction start)
Est Completion:	2030
Use:	Multi use
Cost:	$30 billion (SR75 billion)
Buildings:	Jeddah Tower
Size:	56000000ft2 (originally 23000000m2)
Website:	Official Website
Construction Start:	2013

Jeddah Economic City, previously known as Kingdom City, is a 56000000ft2 project approved for construction in Jeddah, Saudi Arabia.^[1] The project is designed by the Kingdom Holding Company, a firm owned by Prince Al-Waleed bin Talal.^[1] Jeddah Economic City will host both commercial and residential development including homes, hotels, and offices.^{[1] [2]}

The centerpiece of the development will be Jeddah Tower, planned to be the tallest building in the world upon its completion.^[2] The entire project is estimated to cost $20 billion (SR75 billion).^[3]

Construction of the project began with the Jeddah tower in 2013 and is expected to be completed around 2030.

See Also

• Jeddah Central

Notes and References

1. Web site: 8.4 billion real estate deal objective is to develop Jeddah Tower and the Jeddah Economic City. Kingdom Holding Company. 29 November 2015. 30 November 2015. https://web.archive.org/web/20151130183439/http://www.kingdom.com.sa/jec-alinma-investment-in-an-sar-8-4-billion-real-estate-fund-deal-fund-objective-is-to-develop-jeddah-tower-and-the-jeddah-economic-city-infrastructure. 30 November 2015. dead.
2. News: Dolan . Kerry A. . Saudi Prince Aims For The Sky . 16 August 2011 . Forbes . 13 October 2008 . https://archive.today/20130123132503/http://www.forbes.com/2008/10/13/prince-alwaleed-skyscraper-tech-biz-cz_1013skyscraper.html . 23 January 2013 . dead .
3. Web site: Matthews. Stuart. City of the hyper tall. Construction Week Online. ITP Business Publishing. 16 August 2011.