Luxist

The latest architectural project to be shelved due to the economic crisis is the planned U2 Tower in Dublin, Ireland. The tower which has been in the planning stages for several years, was to have been the tallest building in Ireland. The Dublin Docklands Development Authority has said they are still committed to the project and are just putting it on hold until monetary conditions improve. The tower was supposed to have a recording studio for U2 at the top of the building as well as 180 apartments priced at over one million euros each, a price that now seems unreasonable as Ireland faces recession. 24/11/08