EC Harris’ 2013 International Construction Costs Report has named Hong Kong as the most expensive city in the world to build in. The annual study, which benchmarks building costs in 47 countries across the globe, found that relative construction costs have been affected by substantial fluctuations in currency throughout the year. Despite a stagnant economy, Europe has six of the top ten most expensive markets in this year’s report, reflecting the competitive challenge faced by the Eurozone.
The top ten most expensive countries to build in are:
MVRDV was just announced by the city of Emmen, Switzerland as the winners of the Feldbreite competition for a housing block, which consist of 95 homes of 16 different types. Their urban hybrid development proposal combines characteristics of city dwelling – central location, privacy, underground parking – with the characteristics of suburban life: gardens, multilevel living and a neighborhood community. Construction is expected to start in 2015. More images and architects’ description after the break.
The International Olympic Committee (IOC) has announced an all-star shortlist of twelve practices – including 2013 Pritzker Prize laureate Toyo Ito and international powerhouse OMA – competing to design their new headquarters in Lausanne, Switzerland. Located on 24,000 square meter site on the banks of Lake Geneva, the 18,000 square meter headquarters will provide an “Olympic campus” of administrative buildings and service for 450 employees.
Come December, the IOC will award one of the following architects £21,000 to develop their designs: