Kingdom City (Jeddah)
Encyclopedia
Kingdom City is a 56000000 ft2 (2 square mile) project approved for construction in Jeddah
, Saudi Arabia. The project is designed by Kingdom Holding Company
, the firm owned by Prince Al-Waleed bin Talal
. Kingdom City will host both commercial and residential development including homes, hotels, and offices. The centerpiece of the development project will be Kingdom Tower, a tower planned to become the tallest in the world. The entire project is estimated to cost US$20 billion (SR75 billion). The Kingdom City project is a three-phase project. Kingdom Tower will be built in phase-one, infrastructure for the project will be created in phase-two, and phase-three has not been currently revealed.
Jeddah
Jeddah, Jiddah, Jidda, or Jedda is a city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The...
, Saudi Arabia. The project is designed by Kingdom Holding Company
Kingdom Holding Company
Kingdom Holding Company is a public holding company headquartered in Kingdom Centre in Riyadh, Saudi Arabia, and is the largest company in Saudi Arabia. It is controlled by Prince Alwaleed Bin Talal Bin Abdulaziz, and is headquartered in the city of Riyadh...
, the firm owned by Prince Al-Waleed bin Talal
Al-Waleed bin Talal
Prince Al-Waleed bin Talal is a Saudi Arabian billionaire and member of the Saudi royal family. He is the nephew of King Abdullah of Saudi Arabia. An entrepreneur and international investor he has amassed a fortune through investments in real estate and the stock market.He is founder and CEO of...
. Kingdom City will host both commercial and residential development including homes, hotels, and offices. The centerpiece of the development project will be Kingdom Tower, a tower planned to become the tallest in the world. The entire project is estimated to cost US$20 billion (SR75 billion). The Kingdom City project is a three-phase project. Kingdom Tower will be built in phase-one, infrastructure for the project will be created in phase-two, and phase-three has not been currently revealed.