History: Then And Now, Moscow, Russia

The Federation Tower, now being built is to be completed in 2016, will become the tallest building in Europe when completed.
Also to be included in the project are a waterpark and other recreational facilities; trade and entertainment complexes, numerous prestigious office and residential buildings, the transport node and the new site of the Moscow government. The construction of four new metro stations in the territory has already been completed, of which two have already opened and two others are reserved for future metro lines crossing MIBC, some additional stations were planned. A rail shuttle service, directly connecting MIBC with the Sheremetyevo International Airport is also planned.
A Fourth Ring freeway (in addition to Moscow Automobile Ring Road, Garden Ring and the Third Ring) has been designed and is being built around Moscow. It is to be completed by 2012 and will have total length of 61 kilometers (38 mi).
In March 2009 the Russian business newspaper "Kommersant" reported that because of the Worldwide Economic Crisis, which started in 2008 and spread globally, many of the construction projects in Moscow (especially in the "Moscow International Business Center") are frozen and may be cancelled altogether—like the ambitious "Russia Tower" in "Moscow-city". Many of yesterday's monstrous development groups are now in a near-bankrupt state like—Mirax-group or AFI Development.