Ambitious 'Russia Tower' now a parking lot: officialA Russian billionaire's ambitious plan to build Europe's tallest skyscraper skyscraper, modern building of great height, constructed on a steel skeleton. The form originated in the United States. Development of the Form Many mechanical and structural developments in the last quarter of the 19th cent. has been toppled by the economic crisis and the site will now be a parking lot, a top Moscow official said on Thursday. The site will eventually contain some structure, but it will be "less grand" than the proposed 612-metre (2,008-foot) Russia Tower This article or section contains information about expected future buildings or structures. Some or all of this information may be speculative, and the content may change as building construction begins. , Moscow Deputy Mayor Vladimir Resin said in an interview with Echo of Moscow Echo of Moscow (Russian: Эхо Москвы, Ekho Moskvy) is a Russian radio station based in Moscow, broadcasting in many Russian cities, in some of the former-Soviet republics (through radio. "Construction of the Russia Tower has practically not begun .... For now there will be a parking lot there," said Resin, the Moscow city government's top official for construction. "The project that will be realised there will be less grand than the one that was proposed," he added. Billionaire developer Shalva Chigirinsky said in November that the crisis had forced him to freeze work on an array of projects, including the Russia Tower, designed by famed British architect Lord Norman Foster. The tower was to have been the tallest in Europe and the second tallest building in the world, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Chigirinsky's company, Russian Land. Ground was broken on the project in September 2007, a time when the Russian economy was booming, largely thanks to high oil prices. But work stopped amid the financial crisis as the once-booming Russian construction sector was badly hit and developers like Chigirinsky found themselves saddled with massive debts. The fate of the Russia Tower mirrors that of the Palace of Soviets The Palace of Soviets (Russian: Дворец Советов, Dvorec Sovetov , a project conceived in the 1930s that would have placed a huge tower in central Moscow capped by a triumphant statue of Bolshevik founder Vladimir Lenin. The regime of Soviet dictator dictator, originally a Roman magistrate appointed to rule the state in times of emergency; in modern usage, an absolutist or autocratic ruler who assumes extraconstitutional powers. From 501 B.C. until the abolition of the office in 44 B.C., Rome had 88 dictators. Joseph Stalin pursued the project as a way of showing that Communism could outdo the achievements of capitalism, notably the skycrapers of New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . But the Palace of Soviets was never built and in the 1950s a large swimming pool was placed on the site. 
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