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August 07, 2011

Kingdom Tower cheaper to build than Burj Khalifa

Aerial view of proposed Kingdom Tower. Adrian Smith + Gordon Gill Architecture

Kingdom Tower, the planned 1km-high building backed by Saudi billionaire Prince Alwaleed, will be cheaper to build than the Burj Khalifa in Dubai.

The building that plans to steal the title of world’s tallest tower will cost $1.2bn [if there are no budget overruns] to build, the company said in a statement, a significant drop from the Burj Khalifa’s $1.5bn price tag

The last coverage here had several pictures and details on the building that has been funded for construction.



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