Dubai’s Burj Khalifa, currently the world’s tallest building, is reportedly at stake of losing its Guinness World Record. Saudi Arabia will likely steal the title from Dubai if it succeeds on constructing a skyscraper which is 1 Km “into the sky.”

As reported on CNN, the Jeddah Tower is part of Saudi Arabia’s project to build Jeddah City. Currently, the tower is built up to the 26th floor. The 3,280-feet (1 kilometer) tower is expected to finish construction by 2020.

Previously dubbed as the Kingdom Tower, the 1 km skyscraper will have 200 floors. And because the structure is near the Red Sea, Advanced Construction Technology Services will test different concretes that will be suitable for the building.

To solve the issue on wind load, the Jeddah Tower will be able to “change its shape regularly.”

“Because it changes shape every few floors, the wind loads go round the building and won’t be as extreme as on a really solid block,” Gordon Gill of  Adrian Smith + Gordon Gill Architecture  told Construction Weekly.

On Sunday, the Saudi Government released a statement announcing its project to build Jeddah City and the Jeddah Tower. For the project, Jeddah Economic Company and Saudi Arabia’s Alinma Investment signed a deal of 8.4 billion Saudi riyals (US $ 2.2 billion).

With the secured budget, Saudi Arabia hopes to develop the first phase of Jeddah Economic City and the Jeddah Tower.

Saudi Arabia billionaire Prince Alwaleed bin Talal  said,

“Jeddah Economic City will be a must-go destination for those who visit Jeddah for business, trade, entertainment, culture, medical treatment and education, and will be a trendsetter in future real estate and urban development, all while securing the future of young Saudis with job opportunities and meeting the ever-growing demand for housing.”

The iconic Burj Khalifa of Dubai stands at 2,716 feet, or 827 meters. Upon completion of the project, the Jeddah Tower will likely be named as the world’s tallest building.