This One-Kilometer-Tall Building Is Under Construction, but It Won't Be the Tallest

The Burj Khalifa, standing at 828 meters, is currently the tallest building in the world. However, soon it will be surpassed by three new developments exceeding 1 km in height.

Countries like Egypt and Saudi Arabia are investing in skyscrapers to symbolize national achievement, drawing in international business and prestige, making them global icons.

The trend toward constructing super-tall buildings is driven by the scarcity of land in urban areas, and the associated costs, materials, and maintenance for these structures are significantly higher.

These towering constructions aim to project power and modernity, enhancing countries' global status and potentially attracting foreign investments, despite the risk of oversupply and vacancy rates.

Read at 24/7 Wall St.