Rotating Tower Dubai Development Ltd. headed by the Dynamic Group is the developer of the $700 million, 80-floor Dubai tower, which is entirely self-powered. The building will be 1,380-feet tall and apartments will range in size from 1,334 sf to Villas or Penthouses of 12,916 sf, complete with a parking space inside the apartment. Fisher told the audience that the building, which generates electricity from wind turbines mounted horizontally between each floor, will begin construction in the next few months.
[IMGCAP(1)]The second Dynamic Tower revealed is planned for Moscow and is now in the advanced design phase, with pre-assembling of the units to start soon and completion scheduled for 2010. The developer is the Mirax Group, headed by Sergei Polonsky. Fisher told the audience that the construction cost of the Moscow tower--which will have 70 floors and be 1,310-feet tall--is $400 million.
"Our intention is to build the third Rotating Skyscraper in New York," Fisher stated. "Additional Dynamic Towers will be built around the world, following an expression of interest from developers, governments, and public officials to construct a Dynamic Tower in Canada, Germany, Italy, Korea and Switzerland."
Fisher explained that the Dynamic Tower has infinite design possibilities, as each floor rotates independently to create a building that constantly changes shape, resulting in a unique and ever evolving architectural structure. Not only will the tower be self-powered, but it will be built entirely from prefabricated parts that are custom made in a workshop, resulting in cost savings, also requires far fewer workers on the construction site, thereby dramatically lowering construction costs, Fisher said. He explained that the first factory will be in southern Italy. Fisher said that each floor of the building can be completed in only seven days.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
