Jeddah Tower vs Scotia Plaza

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Jeddah Tower (Arabic: ??? ????), previously called Kingdom Tower (??? ???????), is a stalled construction project of a skyscraper on the north of Jeddah, Saudi Arabia. It is supposed to be the world's first 1 km (3,281 feet ) high building, and the centrepiece and first phase of a development and tourist attraction called Jeddah Economic City.There was steady progress but in January 2018 building owner JEC halted structural concrete work together with the tower about one-third completed because of labour issues with a builder after the 2017--19 Saudi Arabian purge.

JEC has said they plan to restart construction in 2020. The design, created by American architect Adrian Smith, who also designed the Burj Khalifa, incorporates many unique structural and aesthetic features. The founder and leader of the project is Saudi Arabian prince Al-Waleed bin Talal, a grandson of Ibn Saud, and nephew of the Kings of Saudi Arabia before him. Al-Waleed is the chairman of Kingdom Holding Company (KHC), which is a partner in the Jeddah Economic Company (JEC), which was formed in 2009 for the development of Jeddah Tower and City.

Source: Wikipedia

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Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia