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Old February 15th, 2014, 10:22 PM   #9921
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Old February 15th, 2014, 10:31 PM   #9922
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build it
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Old February 15th, 2014, 10:53 PM   #9923
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The glory hole ...
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Old February 16th, 2014, 11:04 AM   #9924
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Originally Posted by jackedi07 View Post
Investor Bails Out Chicago Spire Project



Atlas Apartment Holdings plans to spend up to US$135 million to fully fund the reorganization of the Chicago Spire’s finances, which would allow developer Shelbourne North Water Street LLP to resume construction of the tower – intended to be the tallest in the Western Hemisphere.

The Santiago Calatrava-designed tower would twist upward to reach 610 meters, which, if executed as planned, would revoke 541-meter One World Trade Center of its impending title of “Tallest Building in the United States.”

Construction halted when funders backed out of the plan during the economic downturn. The project was subsequently foreclosed on in 2010. With a recent upswing in the housing market, investors are returning to projects that have been abandoned or put on hold.

"Given the ongoing recovery in the Chicago property market, the timing is better now than when this project commenced," said Shelbourne’s head, Garrett Kelleher, in a statement. "I am delighted to have found a partner who believes in the project as passionately as I do."

http://www.ctbuh.org/News/GlobalTall...US/view.aspx#!

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Old February 16th, 2014, 11:23 AM   #9925
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It is time for the Chicago again Has the highest skyscrapers. That is at least not a fake-tallest such as the One World Trade Center.
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Old February 17th, 2014, 02:59 AM   #9926
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Quote:
Originally Posted by ChiSkyline View Post
What a beautiful, balanced skyline with the spire!

Good god, that is awesome...and I never imagined that view could get any better than it currently is. How wrong I was. Please, build this.
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Old February 17th, 2014, 04:13 AM   #9927
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If they even build this, does anyone know if they will add an observation deck on top? It'd seem like a missed oppurtunity, considering it's right in the middle of the city and the height.
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Old February 17th, 2014, 04:26 AM   #9928
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Quote:
Originally Posted by natethegreatforlife View Post
If they even build this, does anyone know if they will add an observation deck on top? It'd seem like a missed opportunity, considering it's right in the middle of the city and the height.
I think (although I could be wrong) that because it was a residential building and it location (a residential street basically) that there was never talk of a observation floor. It would have been very complicated because it would have to be seperate entrance and would have brought a lot more traffic onto the residential street.
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Old February 17th, 2014, 05:08 AM   #9929
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To think that this building will be some 150 meters taller than Sears, and half as wide, is astounding. This will look insanely tall from the base!
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Old February 17th, 2014, 05:14 AM   #9930
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and almost double the height of John Hancock, which is still a very imposing tower.
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Old February 17th, 2014, 05:18 AM   #9931
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I'm a New Yorker and even I wanted this Tower built just to finally hit the 2,000' mark. One WTC is nice but they didn't want to break records w it (other than it being America's tallest building ever) because they already did that w the Twin Towers. I still have high hopes for this one if and when it ever does get built.
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Old February 17th, 2014, 05:28 AM   #9932
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Still, it will a bit sad when the Sears is eventually overtaken. It has ruled the Americas for longer than even the Empire State Building! It will be a historic day when this finally takes the title as the tallest.
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Old February 17th, 2014, 05:43 AM   #9933
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There was a previous post about how this wont be built because the market for luxury units in Chicago is virtually non existent. I'm not denying or confirming in anyway, but what I'm curious about is why has this had so much support from government officials in the past if there is a lack of demand?
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Old February 17th, 2014, 05:45 AM   #9934
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I can think of at least seven new residential buildings constructed recently, so I wouldn't say there's no demand.
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Old February 17th, 2014, 06:09 AM   #9935
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those aren't luxury though. Its like claiming that there is a market for highend hotel rooms when a Quality Inn was built in the area recently.
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Old February 17th, 2014, 06:32 AM   #9936
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Quote:
To think that this building will be some 150 meters taller than Sears, and half as wide, is astounding. This will look insanely tall from the base!
You make it sound like you're expecting it to be built... it WOULD be 150 meters taller than sears, if it were built, which it likely won't be... at least not at 2000 feet.
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Old February 17th, 2014, 07:21 AM   #9937
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Quote:
Originally Posted by ChiSkyline View Post
What a beautiful, balanced skyline with the spire!

Does anyone have a higher res. version of this image?
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Old February 17th, 2014, 12:26 PM   #9938
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Quote:
Originally Posted by spiller9 View Post
Does anyone have a higher res. version of this image?
By HomrQT
http://1.2.3.10/bmi/i.imgur.com/4HaSwYl.jpg

Anyway I really hope we are going to hear more good news about the Spire soon. This needs to move forward.
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Old February 17th, 2014, 01:45 PM   #9939
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Quote:
Originally Posted by Innsertnamehere View Post
those aren't luxury though. Its like claiming that there is a market for highend hotel rooms when a Quality Inn was built in the area recently.
True. Does Chicago have a significant demand for luxury units in the 8.000-10.000 $ per square feet range like New York?
That is probably the price category for this tower also.
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Old February 17th, 2014, 01:46 PM   #9940
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This one needs a spire.
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