October 28, 2009 | Broadcast News
Asian projects are proving to be “a financial lifeline to U.S. architectural firms”
Even as many building sites have been idled world-wide in the wake of the financial crisis, construction workers are expected to start work next year on the foundation of a 123-story tapered glass tower in Seoul that is vying to become South Korea’s tallest building. The project could still run into delays. But if it proceeds on schedule, the 1,821-foot Lotte Super Tower 123 would be the latest example of Asian projects that are providing a financial lifeline to U.S. architectural firms facing one of the worst markets for their services in generations.
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JJ is the co-founder of 5ft Creatives and is presently enrolled as a graduate student at the Yale School of Architecture.
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