High-Rise Fever Hits Moscow

Description:
Until recently, no buildings in Moscow surpassed the 240-meter Moscow State University—the tallest of the city’s “Seven Sisters” towers built at sites throughout the city during Stalin’s era. But a few years ago, Russia’s new wealth from natural resources started an upward rush. Before the global economic crisis hit, plans were moving forward for 4.6 million sq m of high-rise development by 2012. But with only two buildings complete and 11 under way, developers are raising eyebrows by putting some jobs on hold. Still, Moscow remains Europe’s high-rise hot spot.

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