Standing at over 1,000 meters (3,280 feet), the Kingdom Tower in Saudi Arabia is set to become the world's tallest tower, beating its closest rival Burj Khalifa in Dubai by nearly 600 feet.
According to CNN, the building is expected to cost £716 million ($1.2 billion)it will be constructed in Jeddah and the building will be situated along the coast of the Red Sea.
One feature will be a sky terrace on the 157th floor and when completed it will become the highest terrace in the world.
The building will be designed by Adrian Smith + Gordon Gill Architecture and will require about 5.7 million square-feet of concrete, and 80,000 tons of steel, according to the Saudi Gazette.
The top 5 buildings in the world:
Burj Khalifa, Dubai, UAE - 2,717 ft
Shanghai Tower, Shanghai, China - 2,073 ft
Makkah Royal Clock Tower Hotel, Mecca , Saudi Arabia - 1,971 ft
One World Trade Center, New York City, USA - 1,776 ft
Taipei 101, Taipei, Taiwan - 1,670 ft