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
WAN Civic Buildings Award winners revealed in Amsterdam
Fri 12 Sep 2014
Chris van Duijn, Ippolito Pestellini Laparelli, Jason Long and Michael Kokora promoted to partner at OMA
Wed 10 Sep 2014
Groundbreaking held for Johnson Fain-designed residential towers in Jakarta
Wed 10 Sep 2014
Snohetta's SFMOMA tops out today
Wed 10 Sep 2014
Frank Gehry announces strategic alliance with Trimble
Tue 09 Sep 2014
Gehry out at Ground Zero Arts Center
Tue 09 Sep 2014
Work halted at Atlantic Yards site in NY
Fri 05 Sep 2014
Parsons Brinckerhoff sold to WSP for £820m
Thu 04 Sep 2014