Saudi FM calls Indian, Pakistani counterparts to discuss developments    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Alkhorayef praises advancements in Al-Kharj food industries sector    MHRSD: 80% of recruitment offices are non-compliant with regulations    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Lead master planner, urban architects for Jeddah mega project appointed: KHC
The Saudi Gazette Published in The Saudi Gazette on 12 - 02 - 2013

RIYADH – Kingdom Holding Company (KHC), chaired by Prince Alwaleed Bin Talal, has appointed Calthrope Associates as the lead master planner of Kingdom City Jeddah and Godwin Austen Johnson (GAJ) as urban architects, the company said in a statement Monday.
A two-day workshop was held in October 2012 with Calthorpe and GAJ to finalize the scope of work and financial offers.
In 2012, Alwaleed, who initiated and has been the driving force behind the decision to build the world's tallest tower in Jeddah, announced the investment of SR1.5 billion from the Saudi Bin Laden Group (SBG) for a 16.63 percent stake in Jeddah Economic Company (JEC), owner of the Jeddah mega project that includes the world's tallest tower (Kingdom Tower) with a height of over 1,000 meters with a total cost of SR4.6 billion.
The Kingdom Tower will be the centerpiece and the first construction phase of Kingdom City Jeddah. The overall estimated cost of the entire Kingdom City project is anticipated to be SR75 billion ($20 billion). JEC new urban development of more than 5.3 million sqm of land in the north of Jeddah overlooking the Red Sea and Obhur Creek. The partners of JEC are Kingdom Holding Company with a stake of 33.35 percent, SBG with a 16.63 percent stake, Abraar International Holding Company represented by Samaual Bakhsh, with a stake of 33.35 percent, and prominent Jeddah businessman Abdulrahman Hassan Sharbatly with a stake of 16.67 percent. The final license to construct the tower was formally received from the Jeddah municipality in February 2012.
Alwaleed said: “Jeddah tower is on a solid strategic execution path.”
Eng. Talal Al Maiman,Executive Director, Development and Domestic Investments, Chairman and CEO of Kingdom Real Estate Development Company (KRED), a board member of KHC and JEC, said: “The careful strategic planning has paid off and the execution of the greatest tallest building project in the world for the next years to come has started in the our beloved country Saudi Arabia, our country deserves no less than such a project.” – SG

Clic here to read the story from its source.