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Russia Tower.jpgRussia has scrapped plans to build an eye-catching 600m tower designed by Lord Foster and might replace it with a car park.

Russia Tower was planned for Moscow and would have been the world's tallest naturally ventilated building but has been axed due to the financial crisis.


'We have taken the decision not to build it,' Alexei Vedenskiy, head of special project in the Moscow city government told the Daily Telegraph. 

'As to how to use this space, it will either be a park or car park.'

Spokespeople for Lord Foster said his office had not received confirmation of the axing.

Credit crunches Europe's tallest building - VIDEO

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Russia_Tower.jpgThe 612m Russia Tower planned for Moscow could be scaled down to just 200m on the orders of officials who want construction work restarted.

Work on the super tall skyscraper - to be the tallest in Europe - was suspended in November 2008 due to financial woes associated with the economic crisis.

But Moscow mayor Yury Luuzhkov has told investors that he wants work to restart this year - worldwide economic crisis or not.

According to the Moscow Times, a decision to speed up work on the tower but limit its size was made at a closed Moscow City Council meeting last week.

Shalva Chigirinsky, of the developer Russian Land, would not reveal who would be redesigning the project.

Foster + Partners were the original architects on the job and have refused to comment.

It will be a shame for architecture if this landmark building is scaled down, but good for the construction industry struggling to survive during the downturn.

Below is a video of the original plans.

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