In Saudi Arabia, bidding has begun on what would be the tallest structure in human history, the Rise Tower. Once constructed, the architectural wonder will reach an unbelievable 2 kilometers (6,562 feet) and eclipse the Burj Khalifa as well as the long-stalled Jeddah Tower to become the tallest building in the world.
In comparison, the Rise Tower would be more than four times the height of the famous Empire State Building in New York City and more than twice the present record-holder, the Burj Khalifa in Dubai, which is 2,717 feet tall. This ambitious project would overshadow even the future Jeddah Tower, which is expected to measure 3,281 feet.
The Rise Tower is destined to become a new development area in North Riyadh named the North Pole, which is a part of Saudi Arabia Vision 2030, a broad economic diversification plan designed to decrease the reliance of the kingdom on oil. Led by the Public Investment Fund (PIF) and conceived by the U.K.-based architecture firm Foster & Partners, the tower is anticipated to become a tourist, investment, and innovation magnet.

Although it is now estimated to cost $5 billion, it is expected to fluctuate greatly considering the magnitude and intricacy of the development. For comparison, Dubai’s Burj Khalifa cost around $1.5 billion, and the Jeddah Tower’s construction is expected to reach $26 billion.
According to Mohammed Al Qahtani, the CEO of Saudi Arabia Holding Co., the Rise Tower will create a stunning change, which will offer new employment opportunities, increase foreign investment, and make Riyadh one of the centers of modern life in the world.
There is no official construction schedule because a building consortium does not yet exist. Nonetheless, like every Vision 2030 project, the aim is to deliver the project by the close of the decade.