Credit Crunches Russian Tower

Description:
Russia Tower, next in line as Europe’s tallest building, has fallen into the credit crunch. Work on the 600-meter-tall Moscow building has been shelved, according to local reports, al­though the design team has yet to be told. The project has been “delayed,” says David Klon­dar, general director at the Moscow office of Waterman International, the project’s lead struc­tural firm. The basement excavation had started and permitting was well in hand, Klon­dar says. Project architect is London-based Foster and Partners. The building's engineering team includes Chicago-based high-rise expert Hal­vorson and Partners.

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