SEARCH IN BRIEF

 
Russia cuts $8.4 billion off winter olympics builds

2014 Winter Olympics hosts, Russia, have announced that they are to cut their investment in construction projects for Olympic delivery by 15%.

News agency AFP reported the announcement by deputy Prime Minister Dmitry Medvedev that the savings could be made by reassessment of the current plans. In a bid to tighten their belt during the financial crisis another look at the Olympic schemes in the city of Sochi showed that four of the major buildings had been over-estimated in cost by US$200million.

Last month Medvedev was keen to push forward with the plans stating: “This year we must finish designing the Olympic venues, begin construction of all the Olympic palaces and parks, and of course, finish putting in place systems to monitor and oversee the construction of the Olympic venues."

IN BRIEF
Wednesday 18 February 2009
RIBA to open Chapter in India next year
Thu 18 Dec 2014
Download your copy of the Architects and the Media Report
Thu 18 Dec 2014
Kingspan Insulated Panels announces ZerO Energy Lighting Solution and associated report
Wed 17 Dec 2014
ARCKIT picks up multiple accolades at London Design Awards 2014
Tue 16 Dec 2014
Shortlist announced for 'Olympicopolis' in London
Tue 16 Dec 2014
Moshe Safdie to receive 2015 AIA Gold Medal
Thu 11 Dec 2014
Mayor of London approves Wood Wharf
Thu 11 Dec 2014
LAFD called to massive fire at Geoffrey Palmer's Da Vinci complex in Downtown LA
Wed 10 Dec 2014