Flooding has been a continuing and even predictable problem in Saint Petersburg, ever since Peter the Great founded the city that became the Russian capital in 1703 on low-lying land within the Neva River estuary. Now, after 30 years of planning, construction and delays, a $3-billion barrier fitted with floodgates and carrying one of the city’s major ring roads is nearing completion. Slide Show Photo: Halcrow Pivot gates are poised to swing together and meet in mid-channel to halt floods threatening Saint Petersburg. Photo: Halcrow The completed protection system is intended to prevent floods that regularly impact the city. The
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.