NormanFoster

Perini Navi Panthalassa Yacht by Foster + Partners

Italian yachtbuilder Perini Navi, makers of the world's finest sailing yachts including the famous Maltese Falcon, have collaborated with superstar British architect Lord Norman Foster on its latest launch, the 184-ft. Panthalassa (above). Designed specifically for use as an ultra-luxe charter in the Caribbean and Mediterranean with rates beginning at about $300,000 per week, the all-aluminum alloy ketch can reach a maximum speed of 15 knots and has accommodations for up to 12 guests and a crew of 10. Foster + Partners designed the yacht's spaces as a fusion of contemporary living and the finest nautical heritage.

Outside the decks features a variety of places for relaxing and outdoor dining . Flexible, open living areas are the hallmark of the craft's interiors characterized by a lounge, bar, library and boardroom all featuring glazed screens that can be opened to create a generous central saloon. The three decks are connected by an oval stair, which is surrounded by light-reflecting acrylic rods to mirror daylight back into the living areas. Materials include teak, saddle leather and granite table surfaces. Inside the cabins, leather wall paneling complements silk rugs and gold and black marble tiled baths.

[via JamesList]

Tags: architect, Foster Partners, Foster Partners, Italy, Lord Norman Foster, LordNormanFoster, Maltese Falcon, MalteseFalcon, Norman Foster, NormanFoster, Perini Navi, PeriniNavi, sailing, sailing yacht, SailingYacht, UK, yacht

Lord Foster's Russian Projects in Jeopardy

by Jared Paul Stern (RSS feed) —

Filed under: Real Estate Developments

Award-winning British architect Lord Norman Foster has been called the west's only really high-profile architect to conquer Russia, with seven megabucks projects currently in the works there. However, the Art Newspaper reports that most of them are now facing severe obstacles due to the country's economic decline, which has done damage to their rich oligarch sponsors. For starters, the $2 billion Russia Tower in Moscow, planned as the tallest building in Europe, has stalled because the billionaire developer couldn't secure financing, as my colleague Deidre Woollard reported back in November. Work has also come to a halt on redevelopment of the Hotel Rossia site on Red Square, plans for which include a concert hall, museum, five-star hotels, luxury apartments, offices and retail space.

Meanwhile, a scheme to convert New Holland, an artificial island in St. Petersburg built by Peter the Great in the early 18th century, into a commercial and cultural hub slated for 2010, is far behind schedule as costs have skyrocketed by some $200 million. On the bright side, Foster's massive $400 million expansion plan for Moscow's State Pushkin Museum of Fine Art, is on track thanks to the patronage of Russian president Dmitry Medvedev. Foster hardly lacks for work in any case; as we recently reported, he's heading up a $1.5 billion project to design a fleet of Falcon 7X jets for NetJets Europe (above).

Tags: Architecture, Lord Norman Foster, LordNormanFoster, Moscow, Norman Foster, NormanFoster, Russia, Russian billionaires, RussianBillionaires

Monaco Shelves Multi-Billion $ Expansion Plan

by Jared Paul Stern (RSS feed) —

The tiny Principality of Monaco, which trumped London in September for the title of the world's most expensive luxury property market, has shelved multi-billion dollar plans for an ambitious land expansion into the Mediterranean. The plan hatched by Monaco's Prince Albert called for a 3 million sq. ft. artificial peninsula to be built, housing luxury apartments, boutiques and tourist traps. Expected to cost $5 billion - $10 billion, the peninsula would have added 5% to Monaco's territory.

Two world-famous architects, Lord Norman Foster and Daniel Liebeskind, were competing for the project, which had been slated to begin construction in 2011. Now however, Prince Albert has called the whole thing off. "In the current climate, it would be irresponsible to launch a project of this scale," the Prince explained to the AFP, citing concerns both financial and environmental.

Tags: Daniel Liebeskind, DanielLiebeskind, Lord Norman Foster, LordNormanFoster, Monaco, Norman Foster, NormanFoster, Prince Albert of Monaco, PrinceAlbertOfMonaco