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Old July 29th, 2007, 05:49 AM   #2441
FastFerrari
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Quote:
Originally Posted by Tag_one View Post
It doesn't matter if the ground is stable or not. The building is build on caissons and they're placed on very stable bedrock.
About the traffic noise. they'll probably use 2 layers of glas for a window where one layer is thicker than the otherone. This stops sound very effective and is aslo very good for the thermic insulation of the tower.


thanks...shouldve used my eyes...i did see that huge drill and used some common sense..as far as the double glass thats just a good reasurance...cause i would suck to hear bout noise problems 2 or so months after the buildings open to the public...thanx again
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Old July 29th, 2007, 09:14 AM   #2442
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I hate to be a buzz-kill, but I still think this is a better design.

http://www.80southstreet.net/index.htm
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Old July 29th, 2007, 09:39 AM   #2443
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http://www.sbpost.ie/post/pages/p/st...474-qqqx=1.asp


Developer sets up $1bn US property fund
29 July 2007 By Neil Callanan
Shelbourne Developments, the property company owned by Garrett Kelleher, is setting up a $1 billion (€730 million)f und to invest in property in Chicago.

Shelbourne executive chairman Kelleher told The Sunday Business Post that Dublin firm Dolmen Stockbrokers was raising money for the fund.

The multi-millionaire property developer said up to 70 per cent of the fund would be invested in office buildings, and up to 20 per cent on buying and refurbishing properties in asset management ‘‘plays’’. He said ‘‘brownfield sites’’ would also be acquired for development.

The fund is expected to have a lifetime of five to seven years, and the fundraising will close in November. Dolmen is raising between $125 and $150million from private investors and will raise a further $75 million to $100 million in mezzanine finance.

Kelleher was speaking to this newspaper after receiving the first annual Business & Finance US-Ireland Business Award along with Dr Craig Barrett of Intel.

The award recognised his achievement in fostering trade and investment links between the US and Ireland.

Kelleher is developing the tallest residential building in the world, the Chicago Spire, a twisting tower with 150 floors designed by architect Santiago Calatrava.

The developer is expecting to sell up to 100 Spire apartments in Ireland when they are launched on the market in October.

Each apartment will be a different size, with the smallest measuring 55.75 square metres and the largest measuring 650 square metres - or the equivalent of more than five three-bedroom semi-detached houses.

Kelleher said apartments would be sold in 15 cities, including Chicago, New York, Paris, Dubai, Singapore, Hong Kong and Moscow. “‘We’ve had interest and inquiries from all over the world.”

He said it was unlikely they would put all of the apartments on the market before the building’s completion but said that might change if demand significantly exceeded expectations.

Kelleher is based in Ireland and commutes to the US on a regular basis.

‘‘There’s opportunities in the office market and in high-end retail in Dublin. We’ll try to take advantage of those with the sites we have,” he said.

Shelbourne’s portfolio includes buildings on Tara Street and Dawson Street which would be suitable for redevelopment.

‘‘We’ve a lot of properties in Dublin’s ‘central business district’ and the plan is to develop them over the next three to four years,” said Kelleher.

He said there were opportunities for Shelbourne in the property markets of NewYork and Philadelphia.
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Old July 29th, 2007, 09:42 AM   #2444
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http://www.sbpost.ie/post/pages/p/st...474-qqqx=1.asp


Developer sets up $1bn US property fund
29 July 2007 By Neil Callanan
Shelbourne Developments, the property company owned by Garrett Kelleher, is setting up a $1 billion (€730 million)f und to invest in property in Chicago.

Shelbourne executive chairman Kelleher told The Sunday Business Post that Dublin firm Dolmen Stockbrokers was raising money for the fund.

The multi-millionaire property developer said up to 70 per cent of the fund would be invested in office buildings, and up to 20 per cent on buying and refurbishing properties in asset management ‘‘plays’’. He said ‘‘brownfield sites’’ would also be acquired for development.

The fund is expected to have a lifetime of five to seven years, and the fundraising will close in November. Dolmen is raising between $125 and $150million from private investors and will raise a further $75 million to $100 million in mezzanine finance.

Kelleher was speaking to this newspaper after receiving the first annual Business & Finance US-Ireland Business Award along with Dr Craig Barrett of Intel.

The award recognised his achievement in fostering trade and investment links between the US and Ireland.

Kelleher is developing the tallest residential building in the world, the Chicago Spire, a twisting tower with 150 floors designed by architect Santiago Calatrava.

The developer is expecting to sell up to 100 Spire apartments in Ireland when they are launched on the market in October.

Each apartment will be a different size, with the smallest measuring 55.75 square metres and the largest measuring 650 square metres - or the equivalent of more than five three-bedroom semi-detached houses.

Kelleher said apartments would be sold in 15 cities, including Chicago, New York, Paris, Dubai, Singapore, Hong Kong and Moscow. “‘We’ve had interest and inquiries from all over the world.”

He said it was unlikely they would put all of the apartments on the market before the building’s completion but said that might change if demand significantly exceeded expectations.

Kelleher is based in Ireland and commutes to the US on a regular basis.

‘‘There’s opportunities in the office market and in high-end retail in Dublin. We’ll try to take advantage of those with the sites we have,” he said.

Shelbourne’s portfolio includes buildings on Tara Street and Dawson Street which would be suitable for redevelopment.

‘‘We’ve a lot of properties in Dublin’s ‘central business district’ and the plan is to develop them over the next three to four years,” said Kelleher.

He said there were opportunities for Shelbourne in the property markets of NewYork and Philadelphia.
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Old July 29th, 2007, 05:25 PM   #2445
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Quote:
Originally Posted by Helmet Yawn View Post
I hate to be a buzz-kill, but I still think this is a better design.

http://www.80southstreet.net/index.htm
I don't agree with it. This is not a "better" design but more like one-of-a-kind. Sad that this project will not materialize due to the lack of buyers' interests.
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Old July 29th, 2007, 05:48 PM   #2446
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Quote:
Originally Posted by Helmet Yawn View Post
I hate to be a buzz-kill, but I still think this is a better design.

http://www.80southstreet.net/index.htm
lets not kid anybody, you love being a buzz-kill.
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Old July 29th, 2007, 06:47 PM   #2447
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lets not kid anybody, you love being a buzz-kill.
Frankly I love Lord Helmut. 100% unintentional comedy. Great times.

Kidding aside, he does uncover some nice residentital designs, too. Keep them coming, Helmut...
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Old July 30th, 2007, 01:54 AM   #2448
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interesting.
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Old July 30th, 2007, 04:22 PM   #2449
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can I get a U/C ???
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Old July 31st, 2007, 01:46 AM   #2450
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Whoa.. I haven't been following cuz I thought it was dead for a while. So this thing is a go? Woo hoo chi-town. Now my only question is... does it come with batteries?
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Old July 31st, 2007, 02:15 AM   #2451
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this is going to be a great addition to Chicago's already beautiful skyline!! congrats Chicago
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Old July 31st, 2007, 02:30 AM   #2452
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Now my only question is... does it come with batteries?
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Old July 31st, 2007, 02:32 AM   #2453
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hehehe. No really though I'm over here giving you guys a big Hell Yea!
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Old July 31st, 2007, 02:44 AM   #2454
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hehehe. No really though I'm over here giving you guys a big Hell Yea!
I'll be sure to send you "mini spires" when they come out. Now that is a good business idea!
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Old July 31st, 2007, 03:29 AM   #2455
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Old July 31st, 2007, 06:06 AM   #2456
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Originally Posted by cbotnyse View Post
lets not kid anybody, you love being a buzz-kill.
I agree, the spire is great but this design is much more interesting. It doesn't require height to stand out.
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Old July 31st, 2007, 06:31 AM   #2457
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Old July 31st, 2007, 06:34 AM   #2458
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oooo
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Old July 31st, 2007, 09:19 AM   #2459
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Old July 31st, 2007, 09:20 AM   #2460
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