Saturday, 19 October 2013
Spain's economic crash brings architecture dreams back to earth
With the 1992 Summer Olympics in Barcelona that turned the world's attention to Spain, famed buildings throughout the country gave an architectural degree cachet and allure. Norman Foster’s Torre de Collserola and I.M. Pei's World Trade Center, both in Barcelona, and Frank Gehry’s Guggenheim Museum of Bilbao gave aspiring architects hope for lucrative salaries and the potential for rock-star status.
But alongside dreams came a glut of architects, and a country that went on a building spending spree – both on iconic public works and private apartment complexes.
As the country remains mired in economic crisis, in no small part because of a popped housing bubble, Spain faces an unemployment rate of over 25 percent. It’s not a bright job market for any Spaniard, but perhaps no one has been more impacted than the nation's architects, who have scrambled for Plan B or left the country all together.
Read the full story here