page_title: Sergei Polonsky
section_title: Moscow's Federation Tower
hierarchical_section_title: Sergei Polonsky / Career / Mirax Group / Moscow's Federation Tower
caption_attribution_description: Русский: Ход строительства башни "Федерация"
context_page_description: Sergei Yurievich Polonsky is a Russian businessman. He is the owner and head of one of the largest real estate companies in Russia, Mirax Group. He was one of the richest men in Russia before the late-2000s financial crisis. Now, he is a shareholder and investor in a number of commercial structures incorporated by the holding company Potok. He is currently awaiting trial in Moscow on charges of fraud. On 12 July 2017 he was found guilty, but the judge ruled that too much time had passed since the crime was committed for the court's decision to be implemented.
context_section_description: Identified as Moscow's first skyscraper, the Federation Tower when completed will be the tallest building in Europe. The building consists of two towers, the taller one with 93 floors and a height of 1,161 feet, and the other with 63 floors. A 1,470-foot spire will rise between the two, with glass elevators running up its core, offering a panoramic view and entry into the buildings. The towers will have 4.5 million square feet of high-end office space, luxury apartments, shops, restaurants, and a 44-story Grand Hyatt hotel.
  In 2009, The Federation Tower won the FIABCI World Prix d’Excellence Award (Office Category Winner).
  Construction of the project stalled in 2008 as a result of the financial crisis, however, it was resumed in August 2011 and was set to be completed in 2015.
caption: Federation Tower
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