The world’s next tallest building, at 3,280 feet, Saudi Arabia’s Jeddah Tower will open in 2020 after numerous setbacks, developers have told CNN.
The $1.4 billion landmark will steal the title as tallest skyscraper away from Dubai’s Burj Khalifa.
Construction began in 2013 but a series of problems forced developers push the completion date back.
According to The Daily Mail, a four-story foundation had been erected by 2014 and Prince Alwaleed bin Talal said the building would be completed by 2018; however, a collapse in oil revenues saw construction firms in the kingdom suffer severe financial losses, skyrocketing the project’s costs and leading to delays.
And since November 2017 two of the project's most prominent backers have been embroiled in the kingdom's anti-corruption purge.
Despite all this, the skyscraper’s lead developer said the project would be complete on schedule, CNN noted.
Jeddah Tower will be the landmark to Jeddah Economic City, a 57-million-square-foot commercial and residential project comprised of homes, hotels and office space among other attractions.
Jeddah Tower will span 5.3 million square meters and will include 439 apartments, 200 hotel rooms, 59 elevators and 2,205 parking spaces, Arabian Business said.
CNN noted that the tower would also feature a five-star Four Seasons Hotel, 97 affiliated serviced apartments, including seven duplexes, as well as the world's highest observation deck which will rise 2,178 feet off the ground.
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