Monday, November 24, 2008

Towers mothballed

Building:
The 600m Russia Tower in Moscow designed by Foster + Partners has reportedly been scrapped as a result of the credit crunch.

Work on the skyscraper has stopped more than a year after the first stone was laid, according to the Reuters news agency and others. A spokesperson for the practice has denied that the scheme has been cancelled.
...
The Russia Tower is the second Foster skyscraper to have fallen victim to the financial crisis, after the U2 Tower in Dublin was mothballed earlier this month.

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