The Squaire - Largest Building

In Germany, in the area of Frankfurt's RhineMain Airport, was completed the construction of the Germany's largest building and one of the world's largest commercial properties - The Squaire (a new word that combines "square" and "air"). The Squaire has a length of 660 meters, 9 floors and the area of 140.000 square meters. The construction cost has already exceeded one billion Euros, despite the initial estimated cost of € 660 million and planned building commission in 2009. The spectacular building designed by star architect Helmut Joos, who made the appearance of the building similar to the glazed whale. The Squaire stands on 240 pillars such that nowhere does the structure touch the ground. Inside the huge building are located 2 Hilton hotels with 580 rooms, a large medical center, supermarket, shops, boutiques, restaurants and numerous offices, and also three atriums flooded in natural daylight and with lot of leisure space. The Squaire is a trailblazing business concept and a New Work City offering work, mobility, healh care and life under a single roof. According to the developer of the project, IVG (Immobilienkonzern IVG) Bonn real estate concern, about 66% of the space is already leased. Office rental space prices in this building are up to € 30 per 1 square meter, while a maximum price of rent in Frankfurt is € 35 and the average in the city is about € 20. The principal tenant of the office space has become the KPMG accountancy, which rented 33 thousand square meters of office space and planning to move its European headquarters to Frankfurt. The international airport of Frankfurt-am-Main is one of the largest in Europe. It takes the third place in passenger traffic, after Heathrow of London and Charles de Gaulle of Paris, and is the second largest cargo, after Charles de Gaulle.

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Flight to Tatev

Today, in October 16, as it was scheduled earlier, was launched reversible ropeway to Tatev monastery complex through Halidzor gorge with the length of 5.7 km, which is currently the longest in the world. Ropeway is a part of the "Tatev revival" project, which also includes the reconstruction of the monastery, the construction of the hotel and infrastructure improvements. The opening was attended by President Serzh Sargsyan, Prime Minister Tigran Sargsyan, other authorities of the republic and guests. The ropeway construction was completed by "Doppelmayr Garaventa Group" Austrian-Swiss company which is world's leader in this field. The total journey by cable car up to Tatev Monastery takes about 11.5 minutes, the highest point above the canyon is nearly 330m. In each direction will move one carrier with a capacity of 25 people. Note that the "flight" to the monastery in this air car is not for the faint of heart ... The cost of the project "Tatev revival" was originally envisaged in the range of $ 20-25 million, but subsequently the cost of the works go up to $ 50mln. Project was funded from several sources. More than half of the fund were invested by Friends of Ruben and Veronica Vardanyans' Fund, and the Government of Armenia mainly financed infrastructure development.

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High-speed trains conquer the world

In South Africa talks are underway between the Government and the Chinese State-owned China Railway Group on construction of high-speed railway line between the cities of Johannesburg and Durban, length 556km. Project cost is estimated at US $ 30 billion and reduce travel time compared to driving twice. China Railway Group is currently the second largest construction company in the world and takes place in the world 342 Fortune Global 500 companies. Also note that now the Governor of California Arnold Schwarzenegger takes a "guided tour" of major Asian countries producing and manufacturing high-speed trains, to select a contractor for assumed high-speed railway between Los-Angeles and San-Francisco.

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