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Moscow's South West area will be graced by a giant "flying saucer"- shaped building "Galaktika" (Galaxy), which will "hover" over the busy intersection of Michurin and Lobachevski streets. It will include a shopping center, hotel, plenty of parking and even helicopter landing pads.
Irina Laur, the author of this unique UFO idea, and the main investor - "MOST / SKM Holdings" - presented these designs in Cannes, which generated a considerable interest. A 60-meters high, 213,000 sq. m. structure will also contain a luxury hotel, a shopping mall with various restaurants and enough space to park 2500 cars. It still remains to be seen if this project will see completion (with 250-300 million dollars estimated cost and possible logistic nightmares). Construction will start at the end of this year and is expected to be completed by 2010.