Mile-High Skyscaper Planned to Be Built in Saudi Arabia
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If you are a fan of big buildings expect to be thrilled because Prince al-Wahid bin Talal of Saudi Arabia is planning on building a tower that will stand a mile high into the sky.
No, that is not a misprint.
If you do not think that the 100 dollar barrels of oil are creating a windfall for the Saudis then this will change your mind. In the Red Sea port town of Jeddah they are planning on building the largest building in the world, doubling size of the Dubai Tower that is nearing construction and tripling the size of the CN Tower in Toronto.
On a clear day, the view from the top will take in the Middle East, North Africa and the Indian Ocean - providing you’ve a head for heights.
Plans for a mile-high tower in the Saudi Arabian desert have been unveiled by the billionaire owner of London’s Savoy Hotel.
At 5,250ft, the £5billion project, masterminded by two British engineering consultancies, will be twice as high as its nearest rivals, skyscrapers under construction in Dubai and Kuwait, and almost seven times as high as the Canary Wharf tower in London’s Docklands. via the Daily Mail.
It probably is a really good time to buy real estate - monthly payments are about equal to market rents ...
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I worked for this man, he is a great con man and has done this in more than States then ...
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Maybe it was kryptonite...
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By Mike ...
I couldn't agree more.
The newspaper has always "stuck" it to the real estate agent with rates that were much higher ...
By the way, homeowners trying to get short sale approval should be aware that lenders are comparing the initial loan ...
Ouch! Thankfully I haven't come across anything like that yet. We normally don't have situations like that in ...
well, the guy was here illegally.
serves him right. 
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Comment by Rob Dawg on 31 March 2008:
TOMORROW is April 1st.
Comment by Alykhan Virani on 12 August 2008:
This is not surprising. With the Arab coffers bursting at the seams, it only seams befitting that the Oil Sheikhs will be busy thinking up grandoise schemes in which to squander their wealth. Whether the logistics and dynamics of such a building are possible, it remains to be seen, nevertheless, there are minds out there which are seizing this once-in-a-lifetime opportunity
Pingback by Crossword Challenge | on 19 August 2008:
[...] See 28 Down 19. Baseball great Sadaharu _____ 20. See 13 Across 21. Peninsula on which mile-high skyscraper is being built 23. Along with bath, room likely counted for listings 24. Our core value that [...]