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Old November 10th, 2006, 10:22 PM   #21
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it's going forward
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Old November 11th, 2006, 04:58 AM   #22
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^ I wonder if they plan to start construction before sales? Now that would take some balls, and I would have to give them Irish some major respect if that were the case.
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Old November 11th, 2006, 06:15 AM   #23
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Maybe they have such long list of buyers,they don't need to wait for the pre sales. Remember most of the buyers last time where from overseas. We just have to wait.
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Old November 15th, 2006, 03:25 PM   #24
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Developer Naming 124-Story Tower Team Today
By Robert Carr

http://www.globest.com/news/783_783/.../150691-1.html

CHICAGO-Developer Garrett Kelleher, executive chairman of Shelbourne Development Ltd. and the Shelbourne Group, plans to announce today the new team to design and build the 124-story residential tower here formerly known as the Fordham Spire, and also share news about some design changes to the building. Kelleher’s companies are based in Dublin, Ireland. A spokeswoman told GlobeSt.com that the company will name the team in an announcement at 9 a.m. on Nov. 15.

Tom Murphy of Thomas J. Murphy PC, general counselor for Kelleher, told GlobeSt.com that the company is looking at changes with the lead architect. The corkscrew-like tower was designed by architect and engineer Santiago Calatrava. The tower is expected to measure 2,000 feet tall, including spires and antenna.

“There are going to be some inevitable changes to the team and the design,” Murphy says. “It will be the same silhouette, but there will be enhancements with mechanical issues, parking, things like that.” He says the environmental investigation on the building is ongoing, design drawings will be drawn up shortly and the company is looking to break ground in second quarter 2007.

Local developer Christopher T. Carley, who introduced the building concept, was taken out of the deal when Kelleher bought the property for $65 million in July. Carley will not be involved in the new project, Murphy says. The site, located at the intersection of Lake Shore Drive and the Chicago River, has already been granted zoning approval by the city for a 124-story residential and hotel tower, thanks to Carley’s original efforts.

The 920,000-sf structure will surpass the Sears Tower and Toronto's CN Tower, making it the tallest freestanding building in North America and Europe. The development will include 300 luxury condominium residences, ranging from $600,000 to $5 million, and a five-star, 20-story hotel. Additionally, 50,000 sf of retail and support space is planned for the floors overlooking the river and Lake Michigan. Completion is slated for late 2010.

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Old November 15th, 2006, 09:22 PM   #25
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November 15, 2006 11:47 AM Eastern Time
Shelbourne Development Group, Inc. Announces Global Team to Build 400 North Lake Shore Drive
Construction on “The Chicago Spire” to Begin in 2007


CHICAGO--(BUSINESS WIRE)--Shelbourne Development Group, Inc. announces its team to build “The Chicago Spire,” a landmark 2,000 foot tower on the shores of Lake Michigan in Chicago. The building, designed by famed international architect and engineer Santiago Calatrava, will be the world’s tallest residential skyscraper. Construction on The Chicago Spire, which will include exclusive condominium residences that will revolutionize Chicago living, as well as a six-star international hotel, will start before next June, with completion expected late 2010. The plan of development calls for a building measuring approximately 2,000 feet (610 meters) to the top of the tower.

Garrett Kelleher, executive chairman of Shelbourne Development Ltd & the Shelbourne Development Group, Inc. acquired the property at 400 North Lake Shore Drive in July and has now finalized agreements with Calatrava and a team of world-class leading architects and engineers to bring Calatrava’s vision to life. As a pre-condition of each agreement, Kelleher required the principal or founder of each consultancy to lead its individual team. As a result, Kelleher has put in place a group of outstanding talent in all areas of skyscraper design and construction. All team members will maintain offices in Chicago for the duration of the project.

The team includes:

Santiago Calatrava – Lead Architect & Engineer – Santiago Calatrava is one of the world’s most influential architects. He initially made his name building bridges throughout Europe and is known for such highly-creative designs as the Milwaukee Art Museum and “Turning Torso” in Malmo, Sweden, the tallest building in Scandinavia. He’s also responsible for the magnificent Velodrome designed used during the 2004 Olympic Games in Athens, Greece. His current projects include the World Trade Center Transportation Hub at Ground Zero and 80 South St, a stunning cubed residential building in New York City’s financial district.

Perkins+Will, Architect of Record – Founded in Chicago in 1935, Perkins+Will's multi-disciplinary work spans nearly every project type, including corporate, commercial, civic, higher education, healthcare, and science and technology. Highly respected globally, the firm employs 1,200 architects, interior designers and planners around the world. Perkins+Will’s project portfolio includes Boeing’s 561-foot (171 m) International Headquarters and the Aon Center, both in Chicago. The firm is also responsible for The Buildings by Daman at the Dubai International Financial Center and Concourse II at Dubai’s International Airport. Ray Clark, principal at Perkins+Will heads up The Chicago Spire project.

The Thornton-Tomasetti Group Inc., Structural Engineer of Record – The Thornton-Tomasetti Group is an international engineering and design firm that provides a wide range of services to the building industry. The firm maintains 12 offices across the United States and has a presence in Hong Kong, Moscow and Shanghai. Thornton-Tomasetti’s body of work includes the Petronas Twin Towers in Kuala Lumpur which stands a record 1,483-feet (452 m), Taipei 101 in Taipei and Diamond of Istanbul in Istanbul, Turkey. Richard Tomasetti, founder of The Thornton-Tomasetti Group, Inc. will direct the Chicago Spire team.

Buro Happold, Project Consultant – Buro Happold is a multi-disciplinary international firm providing engineering consultancy, design, planning, project management and consulting services. As part of the consortium appointed to design the Olympic Park for the 2012 Olympics in London, Buro Happold has an expansive global project portfolio, including the Al Faisaliah in Riyadh, The Memorial to the Murdered Jews of Europe in Berlin and Al Khiran Pearl City in Kuwait. International Director and Principal Padraic Kelly will lead the Buro Happold team.

Savills, Plc., Property Consultants, Sales and Marketing – With over 140 offices and associates world-wide, Savills is one of the leading international property advisors globally . The company has an extensive network of offices and associates throughout the UK, mainland Europe, the Americas, Asia Pacific and Africa, and is currently listed among the FTSE 250 on the London Stock Exchange. Savills is considered one of the most successful agencies in London and through a partnership in Moscow is now part of the leading firm in residential real estate there. Dominic Grace, principal for Savills will lead the Chicago project.

Altus Helyar, Cost Consultants – Founded in 1958 as Altus Helyar, provides cost consulting and development cost management services in the real estate industry. The company, headquartered in Toronto, Canada is the largest and oldest practice there with projects ranging from the world’s largest mall: West Edmonton Mall in Edmonton, Canada, First Canadian Place in Toronto and the World Financial Center in New York. The Chicago team will be headed up by senior director, Colin Kelleher.

Cosentini Associates, Mechanical, Electric and Plumbing Engineer – Since its founding in 1952, Cosentini has engineered solutions for projects ranging from high performance office buildings to research laboratories to cultural and academic facilities. Cosentini’s portfolio includes the John Hancock Tower in Boston, Guggenheim Museum in Spain, Time Warner Center in New York, and the Samsung Headquarters Plaza in Seoul. The Cosentini team will be lead by director, Bruno Spiewak.

STS Consultants, Ltd., Geotechnical Engineer –STS is an engineering consulting firm recognized for its capabilities in civil design, construction services, facilities support, high-rise foundations and transportation engineering. Established in 1948, the firm’s projects in Chicago include the 110-story Sears Tower, Waterview Tower and the John Hancock Center among others. Globally, STS was involved with the development of Taipei 101, currently the world’s tallest building standing at 1,671 feet (509 m). Clyde Baker, Senior principal heads up the STS Consultants, Ltd. team.
Knight E/A, Inc., Civil Engineer – Knight E/A is a full-service and multi-disciplined architectural and engineering firm providing design, planning and management services to both public and private clients. Knight E/A’s project portfolio includes Chicago’s Kennedy Expressway, Midway Airport’s new air traffic control tower and the Chicago Marine Safety Station. CEO James Wolfe will lead the Knight E/A, Inc. group.

Tom Murphy of Thomas J. Murphy, P.C., Kelleher’s general counsel says, “We look forward to breaking ground on The Chicago Spire before June and building a property the city will look up to with pride.”

For more information about The Chicago Spire and Shelbourne Development Group, Inc., see http://www.shelbournedevelopment.com/.

About Shelbourne Development

Shelbourne Development, headquartered in Dublin, is one of Ireland's leading property development companies, widely regarded as one of the country’s most professional and progressive developers. In the past three years, Shelbourne’s experienced team, known for its track record in evaluating and capitalizing on cycles in property markets, has completed in excess of 1.5 million square feet of construction in Ireland. It currently has a development pipeline in Dublin in excess of $2 billion US. Shelbourne is currently pursuing developments and projects in Ireland, UK, France and Chicago. Garrett Kelleher, executive chairman of Shelbourne Development Ltd & the Shelbourne Development Group, Inc. holds significant investment properties in Europe.

http://home.businesswire.com/portal/...78&newsLang=en
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Old November 15th, 2006, 09:42 PM   #26
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Calatrava Still Leads on $1B Chicago Spire
By Robert Carr


Chicago Spire(For more retail coverage, click GlobeSt.com/RETAIL.)
(To read more on the multifamily market, click here.)

CHICAGO-Developer Garrett Kelleher, executive chairman of Shelbourne Development Ltd. and the Shelbourne Group, has announced the project team that will build the 124-story residential tower Chicago Spire, formerly known as the Fordham Spire. The renowned Santiago Calatrava, the designer of the original corkscrew-style Spire, will be the lead architect and engineer for the 2,000-foot-tall building. Perkins + Will will be the architect of record, with Principal Ray Clark heading up the project.
The rest of the team includes The Thornton-Thomasetti Group Inc. as the structural engineers, with company founder Richard Tomasetti leading his team; Buro Happold will act as project consultant, with International Director and Principal Padraic Kelly leading that group; Savills PLC will be the property consultants, sales and marketing, with Principal Dominic Grace leading his team. Also on the project are Altus Helyar as cost consultants, with Senior Director Colin Kelleher; Cosentini Associates as the mechanical, electric and plumbing engineers, with Director Bruno Spiewak; STS Consultants LTD as the geotechnical engineer, with Senior Principal Clyde Baker; and Knight E/A Inc. as civil engineer, with Chief Executive Officer James Wolfe.
As a pre-condition of each agreement, Kelleher required the principal or founder of each consultancy to lead its individual team. Construction will start by next June. Tom Murphy of Thomas J. Murphy PC, general counselor for Kelleher, told GlobeSt.com on Nov. 15 that though the building height and silhouette will remain the same, the amount of hotel rooms versus condos may change. The development was to include 300 luxury condominium residences, ranging from $600,000 to $5 million, and a five-star, 20-story hotel. Additionally, 50,000 sf of retail and support space is planned for the floors overlooking the river and Lake Michigan.

"We will be making determinations on antennas, whether or not to have them, whether to build the parking above or below ground, and the mix of the type and size of units in the tower," Murphy says. The antennas were what had originally taken the tower to 2,000-feet tall, but Murphy says if the antennas are removed, the condos would be built up to that height.
Local developer Christopher T. Carley, who introduced the building concept, was taken out of the deal when Kelleher bought the property for $65 million in July. Carley will not be involved in the new project, Murphy says. The site, located at the intersection of Lake Shore Drive and the Chicago River, has already been granted zoning approval by the city for a 124-story residential and hotel tower, thanks to Carley's original efforts.

The 920,000-sf structure will surpass the Sears Tower and Toronto's CN Tower, making it the tallest freestanding building in North America and Europe. Construction is slated for late 2010.
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Old November 15th, 2006, 10:20 PM   #27
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The "Chicago Spire," huh? Great to hear! I'll change the thread title.
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Old November 15th, 2006, 11:29 PM   #28
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Quote:
Originally Posted by BVictor1 View Post
Construction is slated for late 2010.
I guess that would be a reasonable time frame.
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for the Pelasgians, too, were a Greek nation originally from the Peloponnesus
The Roman Antiquities of Dionysius of Halicarnassus
http://penelope.uchicago.edu/Thayer/...assus/1B*.html

Macedonia, of course, is a part of Greece". Strabo, VII, Frg. 9
http://penelope.uchicago.edu/Thayer/...ragments*.html

But north of the gulf, the first inhabitants are Greeks called Epirotes....
Procopius
http://books.google.com/books?id=9m6...page&q&f=false
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Old November 16th, 2006, 12:21 AM   #29
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http://chicagobusiness.com/cgi-bin/news.pl?id=22892

U.K. firm to market Calatrava project condos

Nov. 15, 2006
By Alby Gallun


The new developer of the former Fordham Spire has picked a British real estate brokerage to sell condominiums in the proposed lakefront skyscraper and hired Chicago-based Perkins & Will to be the project’s local architect.

London-based Savills PLC, which has more than 140 offices worldwide but none in the United States, will market condos in the twisting tower designed by celebrity architect Santiago Calatrava, according to Shelbourne Development Group Inc., the Irish developer that took over the project from Chicago-based Fordham Co. last summer.

Garrett Kelleher, Shelbourne’s executive chairman, has a long-term relationship with Savills and wanted a firm with an international sales network that could bring in buyers from Europe and Asia, says Thomas J. Murphy, Mr. Kelleher’s attorney.

Shelbourne acquired the 2.2-acre development site at 400 N. Lake Shore Drive for about $64 million in July, after Fordham, the project’s original developer, failed to obtain financing for the land purchase.

If built, the tower would stretch 2,000 feet into the sky, making it the tallest building in North America.

Mr. Calatrava remains the project’s lead architect and engineer on the condo and hotel project, but Perkins & Will replaces Chicago-based DeStefano & Partners Ltd. as the project’s architect of record.

Shelbourne also has hired:

* New York-based Thornton-Tomasetti Group Inc. as structural engineer of record.
* British firm Buro Happold as project consultant.
* Toronto-based Altus Helyar as cost consultants.
* New York-based Cosentini Associates as mechanical, electric and plumbing engineer.
* Vernon Hills-based STS Consultants Ltd. as geotechnical engineer.
* Chicago-based Knight E/A Inc. as civil engineer.

Shelbourne has given back deposits on about 70 units in the project and expects Savills to start marketing the units again early next year, says Mr. Murphy, a solo practitioner. The developer aims to break ground before next June, with completion expected in late 2010.

Condo developers typically must sell about half of the units in a condo project to secure a construction loan. It’s unclear whether Shelbourne would be able to hit that target in less than six months — a tough task at the high end of a soft downtown condo market. Yet Mr. Murphy was confident the developer will obtain financing regardless of condo sales.

With Fordham out as the project’s developer, Shelbourne is now marketing the tower as the Chicago Spire, a name that could change once more.

“The name is a work in progress,” Mr. Murphy says.
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Old November 16th, 2006, 08:05 AM   #30
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The antennas were what had originally taken the tower to 2,000-feet tall, but Murphy says if the antennas are removed, the condos would be built up to that height.
OMG, is he serious?

That seems highly unlikely, but we just might end up with a roof height of 2000', with the option of a decorative spire (FAA permitting). I'm trying not to jump to conclusions here, but this seems really cool. Remember, the Burj has a roof height of only 2,067 (Wikipedia).
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Old November 16th, 2006, 08:27 AM   #31
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Wow, wonderful news to follow with cool new name as "Chicago Spire", I love it! Couldn't be more patriotic!
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Old November 16th, 2006, 08:30 AM   #32
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OMG, is he serious?

That seems highly unlikely, but we just might end up with a roof height of 2000', with the option of a decorative spire (FAA permitting). I'm trying not to jump to conclusions here, but this seems really cool. Remember, the Burj has a roof height of only 2,067 (Wikipedia).

That would be , how about reclaim the world's tallest with few more feet(67'+ to go)?
Say what Burj Dubai.... Here comes the Chicago Spire represented!
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Old November 16th, 2006, 09:00 AM   #33
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wonder what Trump is saying now :P
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Old November 16th, 2006, 09:04 AM   #34
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wonder what Trump is saying now :P
Emergency meeting with plans to smack more layers over current project to out done Chicago Spire?
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Old November 16th, 2006, 11:02 AM   #35
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citynext.ru has just published a height of russia tower. it's going to be 612m tall. so 2,5m taller
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Old November 16th, 2006, 03:28 PM   #36
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citynext.ru has just published a height of russia tower. it's going to be 612m tall. so 2,5m taller
but keep in mind that Borat will be able to afford the rent in the Moscow tower while not be able to buy a condo at Chicago Spire. Chicago Spire will not allow chickens or cows in its units, unlike its Russian counterpart, and uses the concept of toillets for waste disposal.

Other than that, I'm sure the two projects are quite similiar.
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Old November 16th, 2006, 05:46 PM   #37
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http://www.chicagotribune.com/busine...i-business-hed

Developer names design team for 2,000-foot twisting tower

By Blair Kamin
Tribune architecture critic
Published November 16, 2006


Taking another step toward building the nation's tallest skyscraper in Chicago, the project's developer on Wednesday announced a design team that includes a veteran Chicago architectural firm and the structural engineers who helped shape the Malaysian twin towers that took the world's tallest building title from Sears Tower.

The developer, Garret Kelleher, executive chairman of Dublin-based Shelbourne Development Ltd. and the Shelbourne Group, revealed that the structural engineer of record for the twisting, 2,000-foot residential spire designed by architect Santiago Calatrava will be New York-based Thornton Tomasetti.

Besides the 1,483-foot Petronas Towers in Malaysia, which stripped 1,450-foot Sears Tower of the world's tallest crown in 1996, Thornton Tomasetti's credits include the current world's tallest building, the 1,667-foot Taipei 101 tower in Taiwan. The firm has an office in Chicago.

The architect of record will be Chicago-based Perkins + Will, whose portfolio ranges from the International Terminal at O'Hare International Airport to Boeing Co.'s high-rise headquarters along the Chicago River. That marks a switch from DeStefano + Partners of Chicago, the architect of record for the project's original developer, the Fordham Co.

Both positions typically involve the workaday production of construction documents rather than the more glamorous responsibility for design.

Calatrava, whose projects include the bird-like addition to the Milwaukee Art Museum and the planned transportation hub at the World Trade Center, is to be the project's lead architect and engineer. But his wife and business manager, Tina, indicated in an e-mail from her husband's New York office that she was caught off guard by the timing of the press release. Calatrava did not return phone calls seeking comment.

In July Kelleher acquired the vacant site for the much-heralded, $1.2 billion hotel and condominium project, which would rise west of Lake Shore Drive on the north bank of the Chicago River.

The 124-story tower has city planning and zoning approvals, but it lacks a name, Kelleher having dropped the Fordham Co.'s self-promoting "Fordham Spire." The announcement simply referred to the project as 400 North Lake Shore Drive.

Questions also persist about whether the project makes economic sense, with so many other luxury high-rises, including Donald Trump's 92-story Trump International Hotel & Tower, already under way.

Kelleher's attorney, Thomas J. Murphy of Chicago, reiterated Wednesday that the tower will be built. A news release predicted groundbreaking by June and completion by late 2010.

"A visionary is someone who looks at the same things someone else looks at and sees something very different," Murphy said, rebutting Trump's criticism that the project's location, several blocks from North Michigan Avenue, will hamper sales.

Murphy acknowledged that contracts have not been signed with the team members, though he said that will happen "within a week."

Other unresolved questions, he said, include the tower's exact location, whether parking will be built above or below ground and whether the skyscraper will include a broadcast antenna. If the antenna is not built, he said, a decorative spire would still bring the tower's height to the planned 2,000 feet.

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Copyright © 2006, Chicago Tribune
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Old November 16th, 2006, 05:48 PM   #38
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Sky's the limit for planned Spire prices
http://www.suntimes.com/business/137...rava16.article

November 16, 2006
BY DAVID ROEDER Business Reporter

The developer of the proposed 124-story spire on the lakefront Wednesday disclosed the firms hired for the project as his Chicago spokesman declared the residential building will be marketed to the world's wealthiest buyers.
Chicago attorney Thomas Murphy, spokesman for developer Garrett Kelleher, said the building should command condominium prices far above the Chicago market's upper limits. Kelleher is executive chairman of Shelbourne Development Ltd. in Dublin.

Last July, he took over rights to the project's 2.2-acre site at 400 N. Lake Shore Drive for $64 million. The architect would be renowned Spaniard Santiago Calatrava.

Twisting and skinny, the renamed Chicago Spire is thought by many experts to be prohibitively expensive to build. Murphy said the building must command condominium prices far above the market's upper limits.

He declined to provide a range, but did not dispute an interviewer's suggestion that the building would aim for sales at $2,000 a square foot. Current high prices in Chicago are just over $1,000 a square foot for residences to about $1,200 a square foot for hotel rooms sold as condos.
"We are looking at raising the bar quite a bit," Murphy said, adding that construction should start before June 2007.

The building would top out at 2,000 feet, making it the tallest in Chicago and, for now, the United States.

A Chicago developer experienced with high-rise construction voiced doubt over the enterprise, saying Kelleher needs to achieve prices that are "off the planet." Told of that comment, Murphy replied, "They're not off the planet. They may be off the continent."

Murphy said Chicago prices look astonishingly cheap to European buyers. Kelleher, who lived in Chicago for about 10 years, will market the city as a good place for jet-setters to invest and have a part-time home.

The strategy was underscored by his selection of Savills PLC as the project's marketing firm. It's a London company with 140 offices worldwide. Murphy said it has a great track record overseas and might partner with a Chicago agency to shop for local sales.

Calatrava has agreed to continue as the lead architect after starting work on the building for a previous developer. The Chicago firm Perkins & Will will direct the architecture locally.

Murphy backed away from previous estimates that the building will cost about $1.2 billion. Kelleher is committed to it regardless of the final amount and has selected Toronto-based Altus Helyar as cost consultants, Murphy said.

"A building like this can get the best price points in the market,'' said Ron DeVries, vice president at Appraisal Research Counselors Ltd., a Chicago real estate consultancy. "But it's doubtful they can get $2,000 a square foot."

New York, the most expensive condo market in the United States, has top prices in elite buildif $2,000 to $2,500 a square foot. DeVries said there's a long pattern of New York prices being double those of Chicago.

Other firms that have signed for the spire are structural engineers Thornton-Tomasetti Group Inc., project consultants Buro Happold, engineers Cosentini Associates, geotechnical engineers STS Consultants Ltd. and civil engineers Knight E/A Inc.

The Calatrava design calls for each floor to be rotated about two degrees from the one below it, creating the twisting effect. It also produces challenges in construction and cost.

Murphy said the challenges are manageable and that the units in Calatrava's scheme have flexible layouts, so they can be enlarged or made smaller as the market dictates. Current zoning allows the building to have 300 condos and another 150 hotel rooms.

There are no plans to use the spire for broadcast antennas, Murphy said.
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Old November 17th, 2006, 12:30 AM   #39
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but keep in mind that Borat will be able to afford the rent in the Moscow tower while not be able to buy a condo at Chicago Spire. Chicago Spire will not allow chickens or cows in its units, unlike its Russian counterpart, and uses the concept of toillets for waste disposal.

Other than that, I'm sure the two projects are quite similiar.
YES! Way to work Borat into the Fordham Spire.
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Old November 17th, 2006, 01:59 AM   #40
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YES! Way to work Borat into the Fordham Spire.
Thank you. I much like your sister. She hot. May I have her?
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