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. Slide Show Photo: Turner Construction Moscow City, with 14 towers
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.