Slated to open in 2020, Benoy has released their design for a central academic building in Jeddah, Saudi Arabia. It will house the Global Business School, an educational hub that will attract Saudi and international business students through executive education programs in collaboration with Program on Negotiation at Harvard Law School of Harvard University (USA), SC Johnson College of Business of Cornell University (USA), and Imperial College Business School (UK).
Aedas has unveiled the design for Abdul Latif Jameel's Corporate Headquarters in the port city of Jeddah, Saudi Arabia. Currently under construction, the open plan office will provide a centralized facility for 2,500 employees for Abdul Latif Jameel, the largest independently owned Toyota distributor in the world. Designed by Andrew Bromberg of Aedas, the Abdul Latif Jameel headquarters will be on a site north of Al-Balad, Jeddah's historic center, near the airport and the Prince Majid Road, a north to south thoroughfare. The headquarters project will be adjacent to existing Abdul Latif Jameel facilities including a Vehicle Service Center, workshop space, offices, a training center, and vehicle stockyard.
Foster + Partners has been appointed through an international competition to develop the “architectural vision” for Jeddah’s city-wide public transport plan. The commission, made official today by the Makkah Province governor, seeks to establish a “long-term, sustainable” city network plan that will foster flexible growth and achieve efficiency through the integration of all modes of transportation, including metro, ferry, bus and cycle.
“The comprehensive plan extends from the design of the stations to the trains and branding,” said Foster + Partners. “In addition, the development of the metro system will create a new urban amenity for the city of Jeddah at key locations below the elevated track.” The masterplan will also allocate space for public squares and various nodes of development.
According to the Architects' Journal, Foster + Partners has been selected to design all 46 stations of the new $12 billion metro system in Jeddah, Saudi Arabia - a commission that could earn the practice up to £100 million ($160 million) in fees. Planned for a 2020 completion date and a 2022 opening, the metro project aims to remove 30% of Jeddah's traffic within the next 20 years, a significant goal as until now public transport has not been popular: currently just one or two percent of commuters in the city use public transport.
The world economy has endured a series of crises over the past century, and architecture has recently been recognized as a harbinger of these crises. Two years ago, British finance group Barclays released an index of skyscraper construction projects that correlate with the occurrence of economic downturns since 1873. Many of the tallest buildings in the world have been built at times of severe economic struggle, the most recent being Dubai's Burj Khalifa, built during the Great Recession of 2007 through 2010. According to Barclays, "the world’s tallest buildings are simply the edifice of a broader skyscraper building boom, reflecting a widespread misallocation of capital and an impending economic correction."
All the major financial crises in the past century, and the buildings that predicted them after the break...
Work on Kingdom Tower is moving forward, as above-ground construction is slated to begin April 27. Rising over 1000 meters (3,280 feet), the $1.2 billion skyscraper is expected to be the world’s tallest, surpassing the 828 meter tall Burj Khalifa upon completion in 2017.