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Message: <blockquote data-quote="dj gamaya" data-source="post: 11385041" data-attributes="member: 61857">RIYADH, Saudi Arabia — Saudi Arabia unveiled plans Tuesday to build the  world's tallest tower (The tallest tower in the world will be built by  2020)— a mixed-use structure that will rise two-thirds of a mile high —  in the Red Sea port city of Jeddah. Saudi billionaire Prince Alwaleed  bin Talal signed a $1.23 billion contract with Bin Laden Group for the  proposed tower, which will take just over five years to complete. The  building is the centerpiece of the planned Kingdom City development  being built outside Jeddah by Prince Alwaleed's Kingdom Holding.  "Building this tower in Jeddah sends a financial and economic message  that should not be ignored," Prince Alwaleed told reporters. "It has a  political depth to it to tell the world that we Saudis invest in our  country despite what is happening around us from events, turmoil and  revolutions even." Adrian Smith + Gordon Gill, a Chicago architectural  firm, has been selected to design the Kingdom Tower, which will feature a  Four Seasons hotel, serviced apartments, Class A office space, luxury  condominiums and the world's highest observatory.When completed, the 1,000-meter-plus (3,280-foot-plus) tower would  replace Gulf neighbor Dubai's 828-meter (2,716-foot) Burj Khalifa as the  tallest tower in the world. The Burj Khalifa was built by Emaar  Properties for a total cost of $1.5 billion. The exact final height is  still a closely guarded secret, though it will be at least 173 meters  (568 feet) taller than Burj Khalifa</blockquote>

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