Public Investment Fund Tower
PIF Tower under construction on July 2014
Former namesCapital Market Authority Tower
General information
StatusCompleted
TypeSupertall skyscraper
Town or cityRiyadh
CountrySaudi Arabia
Coordinates24°45′46″N 46°38′25″E / 24.7628°N 46.6403°E / 24.7628; 46.6403
Construction started2010
Completed2021
Cost$1 billion
OwnerAl Ra'idah Investment Company
Height385 m (1,263 ft)[1]
Technical details
Floor count72 (above ground)
Floor area182,137 m2 (1,960,510 sq ft)[2]
Lifts/elevators40
Design and construction
Architecture firm

The Public Investment Fund (PIF) Tower (previously known as Capital Market Authority Tower) is a 385 m (1,263 ft) skyscraper in Riyadh, Saudi Arabia.[3] Construction started in 2010 and was topped-out in 2014. The building was finally completed in 2021, making it the tallest building in Riyadh, surpassing Burj Rafal, and the second-tallest in Saudi Arabia. Designed by HOK and Omrania, the 76-story PIF Tower is one of the most high-tech skyscrapers in the world and the centerpiece of the King Abdullah Financial District.[4]

The tower is aiming for LEED Gold certification and will feature an observation deck, two-story atrium as well as double-height sky lobbies, an innovative Twin elevator system with two cabs traveling in a single shaft, and amenities including a fitness center, pool, and cafeteria.[5][6]

References

  1. "Public Investment Fund Tower". CTBUH Skyscraper Center.
  2. "Capital Market Authority Tower | HOK". Archilovers. Retrieved 2021-08-12.
  3. "PIF Tower". The Skyscraper Center. Council on Tall Buildings and Urban Habitat. Archived from the original on 31 March 2013. Retrieved 27 March 2013.
  4. "HOK's CMA tower nears completion in riyadh, saudi arabia". designboom | architecture & design magazine. 2015-11-07. Retrieved 2019-05-21.
  5. "Up-and-Coming Tall Buildings". www.architecturalrecord.com. Retrieved 2019-05-21.
  6. CityLab, Emily Nonko (2017-07-13). "Can a Sideways Elevator Help Designers Build Taller Skyscrapers?". The Atlantic. Retrieved 2019-05-21.


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