Photo: Arup Group A 115-m-tall looping latticework of tubular steel has been chosen to be the landmark for London’s 2012 Olympic Park. Standing 22 m taller than the Statue of Liberty, the “ArcelorMittal Orbit” will provide a high-level viewing platform between the main stadium and the Aquatics Centre. Funded substantially by steelmaker ArcelorMittal, the $29-million structure is the creation of London-based artist Anish Kapoor, who worked with Cecil Balmond, director of the Advanced Geometry Unit at Arup Group, London.
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.