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Old October 27th, 2008, 12:16 AM   #8041
DrT
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Quote:
Originally Posted by Carver02 View Post
If there's no other source of funding the city and/or state governments should take an equity stake in this building and get it completed. The federal government has already taken over the financial sector so I don't think there's an ideological argument (free-market capitalism) that can be made anymore. The government partnership can complete the building, sell some units, and rent out the units which are unsold until the real estate market improves.

If they can't rent the units at the desired rates I say let civil servants live in the units at subsidized rates until things improve.

Only, the dollar isn't weak anymore. People all over the world have been rushing to buy dollars as a safe haven asset.
Yes, let's build it for low income housing. USA version of the commie block.

Carver, you are a bit confused on all fronts.

Firstly, why should taxpayers pay for such extravagance?
We would have a modern Boston Tea Party, or worse, a revolution, if our govenment were silly enough to do that.

Secondly, the stronger dollar means that it is more expensive for foreigners to buy in the tower using their home country currencies, and since the tower is being marketed extensively to foreigners, you can expect less interest from foreigners because it will be even MORE EXPENSIVE for them to buy.
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Old October 27th, 2008, 12:25 AM   #8042
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Quote:
Originally Posted by DrT View Post
Yes, let's build it for low income housing. USA version of the commie block.
Just imagine a project with several spires...
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Old October 27th, 2008, 12:33 AM   #8043
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The proyect is amazing, but my question is, Does the construction will start sometime this mmmm i dont know...........millenium???
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Old October 27th, 2008, 12:36 AM   #8044
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Calm down?
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Old October 27th, 2008, 12:46 AM   #8045
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Quote:
Originally Posted by luci203 View Post
Is the same tower, but only the upper 1500 ft...

Size really is so important to you?
I realize that it's the same tower/design, but because of the shorter height, it makes it look disproportional. The base of the CS looks too big and the top too small. I liked the 2000 ft. version model much better, and am keeping my fingers crossed that they go with that.
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Old October 27th, 2008, 12:53 AM   #8046
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great pics!
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Old October 27th, 2008, 01:02 AM   #8047
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Quote:
Originally Posted by luci203 View Post
Maybe it will be downsized to ~1500 ft. (that would cut the costs in half)



~1500ft and less spirals.


no offence but i agree with birdboy.i dont like the 1500ft. version...
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Old October 27th, 2008, 01:08 AM   #8048
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why is it so much cheaper to build it 500 feet shorter? I would assume that prices would be cut in half if it were 100 floors shorter, or half the building but idk...
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Old October 27th, 2008, 02:19 AM   #8049
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Quote:
Originally Posted by stewartrama View Post
why is it so much cheaper to build it 500 feet shorter? I would assume that prices would be cut in half if it were 100 floors shorter, or half the building but idk...
The higher you go, the cost of each floor go higher, cos' you need more and more expensive materials. The increase is not linear.

2 buildings with 50 floors are more cheaper than one with 100. (you can use much cheaper materials still having a total of 100 floors)

The cost a building with 100 floors, would be only about half of the one with 150.

I'm sure that a downsized version would not be your favorite, but I don't think because of the design, I suspect somme childish obsesions with "build a big thing like in dubai".

Anyway... with cost only half as the original, this "short version" (still higher than Sears), is preferable than "the hole".
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Old October 27th, 2008, 03:35 AM   #8050
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I personally think the shorter version looks better. The proportions are better and it blends in better with the rest of the Chicago skyline.
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Old October 27th, 2008, 04:43 AM   #8051
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Wow I had no idea it was in this kind of state. How dissapointing seems to be so hard for developers to get enough capital to make these bold proposals actually rise out of the ground at the moment.
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Old October 27th, 2008, 06:11 AM   #8052
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PLease let this tower go up? We've been waiting for so long...don't disappoint!!!
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Old October 27th, 2008, 07:03 AM   #8053
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I am sad this tower will not be built. I was so excited when I heard about this supertall. You hear it all over the news that America does not have any money anymore.
Well...Another cool project hits the dust!
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Old October 27th, 2008, 07:49 AM   #8054
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Quote:
Originally Posted by DrT View Post
Yes, let's build it for low income housing. USA version of the commie block.

Carver, you are a bit confused on all fronts.

Firstly, why should taxpayers pay for such extravagance?
We would have a modern Boston Tea Party, or worse, a revolution, if our govenment were silly enough to do that.
It's an investment. Also, I didn't say to build it for low-income earners, I said everyday Chicagoans and possibly civil servants. There's quite a difference.

Quote:
Secondly, the stronger dollar means that it is more expensive for foreigners to buy in the tower using their home country currencies, and since the tower is being marketed extensively to foreigners, you can expect less interest from foreigners because it will be even MORE EXPENSIVE for them to buy.
Apparently you didn't read what I wrote. I didn't say: market it to foreigners (as they have been doing). I said rent it to Chicagoans until the real estate market improves.

As they said in the 60s: Reading is fundamental.

P.S. Civil servants investing in a prestigious building project is hardly unprecedented. The MetLife building was purchased by Tishman Speyer Properties, the New York City Employees' Retirement System, and the New York City Teachers' Retirement System.
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Last edited by Carver02; October 27th, 2008 at 07:55 AM.
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Old October 27th, 2008, 10:27 AM   #8055
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Quote:
Originally Posted by Senju View Post
I am sad this tower will not be built. I was so excited when I heard about this supertall. You hear it all over the news that America does not have any money anymore.
Well...Another cool project hits the dust!
not be built?? hits the dust?? where did you get that from?


Quote:
Originally Posted by cazorliax View Post
The proyect is amazing, but my question is, Does the construction will start sometime this mmmm i dont know...........millenium???
Yeah roughly, maximum in about 734 years est.
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Old October 27th, 2008, 12:17 PM   #8056
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Quote:
Originally Posted by Msradell View Post
I personally think the shorter version looks better. The proportions are better and it blends in better with the rest of the Chicago skyline.
I just made an image after jayhawker's idea, to see how much a 1500ft version would fit the skyline, and turn out even better than I expected. (I'm sure a 1500ft tower would cost only half as now, to go up 2000ft, all walls must be thicker, more resistant and expensive materials, more complex construction tehniques)

I have to say this version would fit better Chicago Skyline. A 2000ft tower would be amazing alone, but somehow is like "from another movie", and a shorter version would blend better.

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Old October 27th, 2008, 12:35 PM   #8057
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1500ft Spire + Trump.



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Old October 28th, 2008, 05:00 AM   #8058
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Oct 27 - Lunch

From above



higer res
2007 series
2008 Q1 series
2008 Q2 series
2008 Q3 & 4 series





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Old October 29th, 2008, 11:27 PM   #8059
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What if each of us goes to buy one.. maybe we can get the ball rolling again.

How many of you have bought one?

Also, buy some units of the Mandarin Oriental, this will help jump-start construction downtown.

Eric

Last edited by WindyChat; October 29th, 2008 at 11:42 PM.
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Old October 29th, 2008, 11:33 PM   #8060
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Is this thread a duplicate of http://www.skyscrapercity.com/showth...34232&page=339
Or is that one the duplicate?
Eric
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