| Also Known As |
: |
Mile High Tower, Worlds Tallest Tower |
| Country |
: |
Saudi Arabia |
| Project Value |
: |
USD 1,200,000,000 Estimated |
| Sector |
: |
Real Estate | Mixed Development
Infrastructure | Land Reclamation |
|
Consultants |
: |
Adrian Smith and Gordon Gill Architecture
(Design) |
Thornton Tomasetti
(Structural Design) |
Langan Engineering and Environmental services
(Civil Engineering) |
|
Contractor |
: |
Saudi Binladin Group
(Construction & MEP) |
| Profile Type |
: |
Contract Project
|
|
Phase:
Construction - Awarded
|
|
Completion: H1 2017
|
|
|
|
| Background |
Kingdom Holding CompanyKingdom Holding Company plans to build the kingdom Tower, a mixed development located on the Red Sea coastline, north of Jeddah, Saudi Arabia.
The project will cover an area of 530,000 sq.m. and will reach a height of 1,600 m. (one mile) and will include a large retail, conference centre podium, a 4 seasons hotel, 3 lobbies, apartments, luxury condominiums, an observatory offices and luxury residences.
The tower will be the world's tallest tower and it is part of phase 1 Kingdom City project.
Adrian Smith and Gordon Gill Architecture and Thorton Tomasetti are the design consultants,and Langan Engineering is the civil engineering consultants. |
| Expected Events |
| Schedule |
Contract Phase/Phase |
Description |
| Q2 2012 |
Construction | Construction expected to start
|
| H1 2017 |
Completion | Project expected to be completed
|
|
| Latest Events |
In Q2 2012, the construction work is expected to start (delayed from January 2012).
In H1 2017, the project is expected to be completed. |
| Previous Events |
On 19 February 2012, the project was approved by Jeddah Municipality.
In August 2011, the USD 1.23 billion construction contract (including MEP works) was signed between Jeddah Economic Company and Saudi Binladin GroupSaudi Binladin Group; Emaar was no longer involved in the project.
In October 2010, the project was put on hold.
In September 2010, 2 companies submitted their revised bids with updated prices (Saudi Binladin GroupSaudi Binladin Group and the consortium of El-Seif Engineering & Contracting and Belgium’s Six Construct) and the design was almost finalized.
On 28 April 2010, the bids for the construction contract were submitted (delayed from 14 April 2010).
In March 2010, the design contract was awarded to Adrian Smith and Gordon Gill Architecture.
In Q1 2010, the DB contract was changed into a construction contract.
In September 2009, Kingdom Holding CompanyKingdom Holding Company shortlisted three contracting groups for the DB contract: JV of Samsung Corporation and Arabtec Construction, Multiplex and Saudi Binladin GroupSaudi Binladin Group and JV of El Seif Engineering and Contracting and Six Construct.
In June 2009, Kingdom Holding company signed an agreement with Emaar Middle East to develop the project.
In February 2009, the project was put on hold due to financial issues.
In May 2009, the ITB for the design consultancy contract was issued.
In October 2008, the project was launched.
In February 2008, the project was announced. |
| Scope of Work |
Construction of 5.4 million sq.m. mixed development including:
- A tower of height of 1,600 m.
- A large retail
- Conference centre podium
- A 4 seasons hotel
- Luxury condominiums
- An Observatory
- Office space and luxury residences
Site preparation including excavation of land, piling works and infrastructure. |
| Contract Packages |
|
| Project News |
|
|
| Schedule | Contract Phase/Phase | Description |
| Feb 2008 |
Announcement | Project announced
|
| Oct 2008 |
Announcement | Project launched
|
| Feb 2009 |
Design | Project put on hold
|
| Jun 2009 |
Planning | Kingdom Holding CompanyKingdom Holding Company signed an agreement with Emaar to develop the project
|
| Sep 2009 |
DB | Bidders submitted their proposals
- JV of Arabtec and Samsung
- Jv of El Seif Engineering Contracting Company and Six Construct
- Jv of Multiplex and Saudi Binladin Group
|
|
| Q1 2010 |
Construction | DB contract changed to construction contract
|
| Mar 2010 |
Design | Contract awarded to Adrian Smith & Gordon Gill
|
| 28 Apr 2010 |
Construction | Bidders for the main contract submitted their proposals
|
| Oct 2010 |
Construction | Project put on hold
|
| Aug 2011 |
Construction | Construction contract deal (including MEP works) signed between Jeddah Economic Company and Saudi Binladin GroupSaudi Binladin Group
|
| 19 Feb 2012 |
Construction | The project approved by Jeddah Municipality
|
| Q2 2012 |
Construction | Construction expected to start
|
| H1 2017 |
Completion | Project expected to be completed
|
|
|
Key:
Master Project
Package Project
Contract Project
|
|
 |
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|
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