The project calls for construction of a Mile Tower which is a skyscraper in Jeddah, Saudi Arabia.The height of the skyscraper is around 1600 meters.The Mile Tower is a mixed use tower includes apartments, hotels, commercial shops and malls.The skyscraper will be the tallest skyscraper in the world. The owner of this project is Jeddah Economic Company (JEC) .
The partners of JEC are Kingdom Holding Company, Mr. Samaual Bakhsh, Abraar, International Holding Company, prominent Jeddah businessmen Mr. Abdulrahman Hassan Sharbatly and Saudi Bin Laden Group (SBG). The capital of JEC is made up of SR8.8 billion in land value, assets that are SR7.3 billion, plus SR1.5 billion in cash contributed by SBG that further demonstrates their confidence in this extensive project.This tower 173 meters taller than Burj Khalifa.
Data for this project is as under:
Client: Jeddah Economic Company (JEC)
Contractor: Saudi Bin Laden Group (SBG)
Main Consultant: Adrian Smith & Gordon Gill Architecture
Local Consultant: Omrania & Associates
Country: Saudi Arabia
Project Type: Mixed Use
Project Duration: 63 Months (5.25 Years)
Total Construction Area: 530,000 square meters
Cost of Tower: 1.2 Billion US $
Status: Construction not yet started
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