The Saudi royal family announced yesterday its plans to build the world's tallest building which will be over a mile high (5,280 feet). It will be located outside of the port city of Jeddah and will create a new city of 80,000 residents.
Kingdom Tower in Saudi Arabia will be 275-stories tall when it is completed and consist of hotels, offices, luxury apartments and a shopping center. The structure will be twice the height of the world's current tallest skyscraper, the Burj Khalifa in Dubai (which tops out at 2,717 ft). The Kingdom Tower project is so large that it'll cost $30 billion to construct. To get to the top from the ground floor, an elevator ride would take an estimated 12 minutes to ascend.
Read more: http://www.dailymail.co.uk/news/article-1375790/Saudi-Royal-family-plans-mile-high-building.html#ixzz1JR9XICpa
18 minutes ago