Jeddah Economic City
|Location||Jeddah, Saudi Arabia|
|Owner||Al-Waleed bin Talal
Kingdom Holding Company
|Cost||$20 billion (SR75 billion)|
|Size||5,202,570 m2 (56,000,000 sq ft) (originally 23,000,000 m2 (247,569,940 sq ft))|
Jeddah Economic City, previously known as Kingdom City, is a 5,202,570 m2 (56,000,000 sq ft) (2 square mile) project approved for construction in Jeddah, Saudi Arabia. The project is designed by the Kingdom Holding Company, a firm owned by Prince Al-Waleed bin Talal. Jeddah Economic City will host both commercial and residential development including homes, hotels, and offices.
The centerpiece of the development will be Jeddah Tower, planned to be the tallest building in the world upon its completion. The entire project is estimated to cost $20 billion (SR75 billion). Jeddah Economic City is a three-phase project. Jeddah Tower will be built in phase one, infrastructure for the project will be created in phase two, the third phase will be the profits.
- "8.4 billion real estate deal objective is to develop Jeddah Tower and the Jeddah Economic City". Kingdom Holding Company. 29 November 2015. Retrieved 30 November 2015.
- Dolan, Kerry A. (13 October 2008). "Saudi Prince Aims For The Sky". Forbes. Archived from the original on 23 January 2013. Retrieved 16 August 2011.
- Matthews, Stuart. "City of the hyper tall". Construction Week Online. ITP Business Publishing. Retrieved 16 August 2011.
- Roberts, Ben (13 August 2011). "Crown of the Kingdom". ConstructionWeekOnline. Retrieved 13 August 2011.
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