Lerch Bates, an international consulting firm for vertical transportation, façade access and materials management, was selected by architecture firm Nikken Sekkei to design the vertical transportation and façade access systems for the new headquarters of the Saudi Stock Exchange (Tadawul).
The $267 million Tadawul Tower will feature 26 elevators, including 19 with speeds of up to 19 feet per second, as well as eight escalators. Under construction in the new King Abdullah Financial District (“KAFD”) in Riyadh, Saudi Arabia, the sleek 41-story building will feature innovated sustainable features complemented with a contemporary design. Nikken Sekkei is recognized as the world leader in sustainable design and won the contract for Tadawul Tower after beating out 32 prequalified firms during an international competition. The Tokyo-based firm sought to incorporate several energy-saving technologies in its planning in order to be compliant with the latest LEED standards as well as the green building rating system developed by the U.S. Green Building Council.
“Lerch Bates is truly honored to join the extraordinary team designing and constructing Tadawul Tower and consulting on our second significant project in Riyadh’s King Abdullah Financial District,” said Jeff Marsh, Lerch Bates’ director of business development. “This new magnificent tower will showcase the latest in technologically advanced systems and we eager to demonstrate why Lerch Bates is the leading authority in progressive vertical transportation and façade access designs.”
The exterior of Tadawul Tower will be equipped with louvers to allow for both panoramic views of the region and shielding against the intense heat of the sun to reduce the cooling load. To assure sustainability in the desert environment, the tower also will feature photovoltaic power generated by solar panels, mirror ducts that will filter natural light into the inside of the building and to the basement levels and dry mist to help cool nearby exterior spaces. A cool pond will store cooled air at night to reduce the daytime cooling load and a trench will precool fresh air with geothermal energy at lower levels. The tower is expected to be complete in 2015.
Founded in 1947, Lerch Bates is the oldest and largest vertical transportation consulting firm in the world and has built a reputation as the premier designer of façade access systems, permanent equipment and rigs utilized for servicing exterior façades including window washing and maintenance. The firm has consulted on the elevator and façade access systems of many of the world’s tallest buildings including the 2,717-foot Burj Khalifa in Dubai, United Arab Emirates, 1,667-foot Taipei 101 in Taipei, Taiwan, 1,476-foot Nanjing Greenland Financial Center in Nanjing, China and 1,389-foot Trump International Hotel & Tower in Chicago, Illinois.
Tadawul Tower is the second high profile project in the KAFD to select Lerch Bates for consulting services. The firm recently announced that was chosen to provide vertical transportation, façade access and materials management expertise during the construction of the future tallest commercial building in the Middle East. The 76-story 1,263-feet tall Capital Market Authority (“CMA”) tower will eclipse Saudi Arabia’s current tallest commercial building, the landmark 991-foot Kingdom Centre, and is expected to be complete in 2014.
KAFD is an unprecedented development that consists of dozens of towers and will transform the kingdom into a major hub for Middle Eastern business. The district will host the headquarters of the Capital Market Authority, Tadawul, banks, financial institutions and other service providers such as accountants, auditors, lawyers, analysts, rating agencies, consultants and IT providers.
Recognized as the world leader in sustainable design and one of the world’s largest architectural design firms with over 2,500 professional staff, Nikken Sekkei and its eight Group companies offer comprehensive design, engineering, management, consulting and research and development services. Established in 1900, the company’s portfolio consists of over 20,000 projects in 40 countries. Its activities cover a wide spectrum of sustainable public and private endeavors including: new city design, high-density/mixed-use transit-oriented developments, super-high rise buildings, business parks, offices and facilities for commercial, cultural, educational and healthcare use. Nikken is headquartered in Tokyo and maintains branch offices in China, Korea, Vietnam and the UAE.