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  #581  
Old Posted: Oct 26, 2009, 7:33 PM
Gamma-Hamster Gamma-Hamster is offline
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http://www.arendator.ru/articles/1/art/34165/

Quote:
26.10.2009 Alfa-Bank looks for co-investors for Federation Tower

Alfa-Bank proposed to russian and foreign banks to create a syndicate for joint financing of Federation Tower in Moscow City
Hope they will succeed and construction will resume at normal pace soon.
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  #582  
Old Posted: Nov 8, 2009, 9:38 AM
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Originally Posted by mr. MyXiN View Post
08.11.09


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  #583  
Old Posted: Dec 9, 2009, 7:43 PM
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A very bad news : the project has changed a lot !!


http://www.lesechos.fr/info/inter/30...l-d-europe.htm
http://www.combourse.com/News/Russie...n__577934.html
http://eng.mirax.ru/tabid/73/EntryID/3654/Default.aspx

it would have 64 floors and not 94 floors and probably 243 meters high !!

Mirax has strong financial problems...
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  #584  
Old Posted: Dec 11, 2009, 1:52 AM
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That's too bad if true. Barring any rebound or change, looks like the Shard in London will hold the title for Europe's tallest. 'W00t' for the City, 'tear' for Moscow.
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  #585  
Old Posted: Dec 11, 2009, 7:33 PM
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Quote:
Originally Posted by FrancoRey View Post
That's too bad if true. Barring any rebound or change, looks like the Shard in London will hold the title for Europe's tallest. 'W00t' for the City, 'tear' for Moscow.
If it is finished before the mercury tower that is. Then of cause the tower is still built to support 94 floors so the 64 floors will probably just be a temporary solution until the economy permit the finalization of the building.
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  #586  
Old Posted: Dec 16, 2009, 12:21 AM
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Very sad news to see this supertall's height decrease by nearly a third!
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  #587  
Old Posted: Jan 18, 2010, 12:43 AM
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Originally Posted by spectre000 View Post
Posted by ivan.potapoff in the Russian forum, 1-12-10. Some steel being installed. Good to see work restarting.



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  #588  
Old Posted: Jan 18, 2010, 1:35 AM
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Quote:
Originally Posted by kazpmk View Post
Very sad news to see this supertall's height decrease by nearly a third!
it does really suck... i'm pretty dissapointed...
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  #589  
Old Posted: Jan 19, 2010, 4:05 PM
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Considering the height decrease, I wonder how they're gonna finish off the central concrete pillar/spire.
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  #590  
Old Posted: Jan 21, 2010, 1:29 AM
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Originally Posted by Lecom View Post
Considering the height decrease, I wonder how they're gonna finish off the central concrete pillar/spire.
it'll probably still be built BUT a large chunk of the building will be scrapped
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  #591  
Old Posted: Jan 21, 2010, 8:01 PM
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Quote:
Originally Posted by steveve View Post
it'll probably still be built BUT a large chunk of the building will be scrapped
f they can't afford to build the planned leasable office space, I'm not sure about finishing follies like a 506 m spire.
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  #592  
Old Posted: Feb 7, 2010, 5:03 PM
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Not feeling sad over the height decrease at all. Any building resorting to an overly tall spire to gain ranking on the world's tallest list is not "deserving" in my opinion.
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  #593  
Old Posted: Feb 8, 2010, 5:34 PM
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Quote:
Originally Posted by Stratosphere View Post
Not feeling sad over the height decrease at all. Any building resorting to an overly tall spire to gain ranking on the world's tallest list is not "deserving" in my opinion.

Dito!!!!!!!!!!!!!!!!
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  #594  
Old Posted: Feb 10, 2010, 1:25 PM
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Quote:
Originally Posted by Stratosphere View Post
Not feeling sad over the height decrease at all. Any building resorting to an overly tall spire to gain ranking on the world's tallest list is not "deserving" in my opinion.
I don't think that that was ever the idea though. Whatever (if any) function it was supposed to serve was unlikely have been meant to get it a ranking
on a world's tallest list. It would neither have been THE tallest nor on any list for very long anyway. It seems to me that the spire was probably an aesthetic choice more than anything else. To simply rank means nothing unless you've got the number one spot in whatever column you want to get filed under where skyscrapers are concerned.
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  #595  
Old Posted: Feb 10, 2010, 11:05 PM
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plus when this tower was proposed, Russia Tower was planning on being taller anyways, and many more towers since then have been canceled that might've pushed this out of the way if they had been built.
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  #596  
Old Posted: Feb 17, 2010, 4:25 PM
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http://eng.mirax.ru/tabid/73/EntryID/3654/Default.aspx

Quote:
09.12.2009
The management of MIRAX GROUP Corporation has made a decision to reduce from 94 to 64 the number of floors of Tower "East" of the "Federation" business center in the MIBC "Moscow-City".
Quote:
The MIRAX GROUP management is ready to reconsider their decision to reduce the number of floors of the business complex if in the next 2 or 3 months it should become possible to a obtain a credit at an interest rate of 12%.
http://www.banki.ru/news/lenta/?id=1712228

Quote:
04.02.2010
Head of Mirax Group: In January we got about six offers to invest in our projects from big banks. The interest rate we are discussing is about 12-13%
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  #597  
Old Posted: Mar 22, 2010, 4:16 PM
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http://en.rian.ru/business/20100322/158275198.html

Quote:
Moscow skyscraper to be completed

13:3622/03/2010
Alfa Bank is to invest around $240 million in Mirax Group to continue construction of a Moscow skyscraper, planed as one of the world's tallest buildings, a Russian business daily said on Monday.

"The conditions are being agreed with Mirax at the moment. Alfa Bank will be the main creditor, but other banks are not excluded from the project," Alfa Bank development director Maxim Pershin told Komersant.

The tower is part of the Moscow City development in the west of Moscow. The project was delayed by four years because of the financial crisis and is now expected to be completed after 2016. Mirax Group chief Sergei Polonsky previously announced plans to reduce the height of the skyscraper, which is planned at 612.2 meters (2,009 ft) because of insufficient funding. However, the $240 million investment is enough to accomplish the initial ambitious plan.

Mirax Group has faced serious financial difficulties during the crisis. The company's common liabilities are estimated at $550 million, including $120, 8 million of overdue debt, the newspaper said. Alpha Bank agreed to finance the project after Mirax Group paid $50 million into Alfa Bank in early March, showing its ability to cope with its financial problems.

Before the financial crisis, Mirax Group was one of the most successful development companies in Russia. It is renowned for its luxury housing and development projects in Russia and the rest of the world.

MOSCOW, March 22 (RIA Novosti)
Red highlight - parts where lame journalist confused Federation Tower with other buildings in the IBC.
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  #598  
Old Posted: Mar 22, 2010, 4:56 PM
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Looks like the Federation Tower is about to get out of the doldrums.
Good news !
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  #599  
Old Posted: Mar 22, 2010, 6:44 PM
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  #600  
Old Posted: Mar 25, 2010, 5:42 PM
Ronnie Yau Ronnie Yau is offline
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What do you mean?!
What are you going to do
to Federation Tower?
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