Finance

Jeddah Tower 2025 Height, Cost, Construction Status, and Developer

Jeddah Tower, formerly known as the Kingdom Tower, remains the centerpiece of the Jeddah Economic City development in Saudi Arabia. As of the latest public disclosures, the proj...

Mara Ellison
Jeddah Tower 2025 Height, Cost, Construction Status, and Developer

Jeddah Tower Current Status and Key Facts

Jeddah Tower, formerly known as the Kingdom Tower, remains the centerpiece of the Jeddah Economic City development in Saudi Arabia. As of the latest public disclosures, the project is still under construction and is designed to become the world's first building to surpass 1,000 meters in height. The tower is being developed by Jeddah Economic Company, a subsidiary of Saudi conglomerate Kingdom Holding Company, with engineering and design support from Adrian Smith + Gordon Gill Architecture.

The structure is intended to include office space, luxury residences, and hotel components within a single integrated tower. According to recent project updates, the tower's core structure has been rising steadily, with construction milestones tracked against a phased schedule. The project is part of Saudi Arabia's broader strategy to diversify its economy and create world-class infrastructure under Vision 2030.

Height, Cost, and Structural Design Details

The planned height of Jeddah Tower is approximately 1,007 meters, which would make it the tallest building in the world, surpassing the Burj Khalifa. The structural system relies on a buttressed core design optimized for high wind loads and seismic conditions, with a façade engineered to reduce desert heat gain. Total project cost estimates have been reported in the range of over $1 billion, though exact figures vary depending on the scope of fit-out phases.

Construction materials include high-performance concrete and steel to support the extreme height and foundation loads. The tower's foundation involves deep piles driven into the underlying geology of the Red Sea coastal area. For background on supertall building engineering, the Council on Tall Buildings and Urban Habitat provides data on structural systems and height rankings.

Developer, Timeline, and Expected Completion

The primary developer and owner of the Jeddah Tower project is Jeddah Economic Company, with Prince Alwaleed Bin Talal's Kingdom Holding Company as a key stakeholder. Construction has been executed in phases, with the main contractor handling structural work while specialized firms manage cladding, MEP, and interior fit-out. The project timeline has been adjusted over the years due to funding, permitting, and logistical factors.

Public statements and financial filings indicate that the completion date is still targeted for the mid-2020s, though no fixed opening date has been officially confirmed. The tower is expected to anchor a mixed-use district with transit links, retail, and hospitality facilities. For the latest corporate disclosures on Kingdom Holding's major projects, the Saudi Securities and Exchange Commission provides access to listed company reports and announcements.

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