Date: June 14, 2006

City officials in St. Petersburg, Russia, have begun an ambitious project to turn a former military base with a few unique architectural monuments into a large city center with a hotel, an amphitheater, a palace of festivals, museums and exhibition halls. The $319 million-project will be finished in 2008.

Located in the center of St. Petersburg, Russia's second-largest city, is a triangular island called "New Holland." Built between 1765 and 1780, the indu...

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