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Old May 1st, 2014, 08:35 PM   #10101
Eric Offereins
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I guess paying off Related only increases their chances from utterly zero to just zero. Still no financing.
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Old May 1st, 2014, 08:47 PM   #10102
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Quote:
Originally Posted by Eric Offereins View Post
I guess paying off Related only increases their chances from utterly zero to just zero. Still no financing.
They would get a loan. I don't know why they would pay all that money if they didn't intend to build it.

But if not let's hope related builds something halfway decent.
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Old May 4th, 2014, 04:53 AM   #10103
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hopefully the project will go through
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Old May 4th, 2014, 07:36 PM   #10104
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The design still looks like one giant corkscrew you! That design which would make it a symbol of a great city would be VERY unfortunate to put it charitably. Yes, it's big, and it's sure bold but god it still reeks!
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Old May 4th, 2014, 09:36 PM   #10105
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In My Opinion 3WTC has a better chance of getting a loan from the port authority.
That isn't to say wouldn't like to see this tower rise, It is one of Calatrava's more inspired designs.
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Last edited by Tower Dude; May 4th, 2014 at 09:39 PM. Reason: didn't fully express my opinion
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Old May 5th, 2014, 04:06 PM   #10106
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Vaporscraper?
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Old May 6th, 2014, 12:43 AM   #10107
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Vaporscraper?
Debtscraper.
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Old May 30th, 2014, 09:02 AM   #10108
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Slice of the River by ashleydiener, on Flickr
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Old May 30th, 2014, 01:17 PM   #10109
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nice pic, putting this site in perspective.
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Old May 30th, 2014, 11:46 PM   #10110
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Nice pic

Some good news maybe? Although not directly related

http://www.chicagobusiness.com/reale...-out-of-condos
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Old May 31st, 2014, 12:10 AM   #10111
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Great pic, those skyscrapers are immaculate. Chicago needs another tall one and I've always been hoping this tower would somehow pull through.
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Old May 31st, 2014, 12:58 AM   #10112
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Quote:
Originally Posted by Jay View Post
Nice pic

Some good news maybe? Although not directly related

http://www.chicagobusiness.com/reale...-out-of-condos
Yeah, things seem to be lining up for this. Really, things are looking good, but it's hard not to be very skeptical. It appears that Kelleher has Atlas to pay the 100+ million to Related. So once we get past that, we can start thinking about financing, and that's when the condo market will be a huge asset. Chicago has such a perfect skyline, this would be the capstone of it all, and in my opinion, give it the best skyline in America.
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Old May 31st, 2014, 03:24 AM   #10113
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Man, I want to see this tower rise badly.
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Old June 1st, 2014, 04:33 PM   #10114
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Chicago already is the best skyline, this and post office would just solidify that even more so.
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Old June 1st, 2014, 05:29 PM   #10115
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It's really sad that it is so hard to build supertall skyscrapers in the US nowadays.
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Old June 1st, 2014, 05:35 PM   #10116
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It's really sad that it is so hard to build supertall skyscrapers in the US nowadays.
Actually, it's getting easier and easier.
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Old June 1st, 2014, 09:32 PM   #10117
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Quote:
Originally Posted by Nightsky View Post
It's really sad that it is so hard to build supertall skyscrapers in the US nowadays.
There's 5 Supertalls U/C in the US today (432 Park, Wilshire Grand, Transbay, 1WTC, One57) with a further 5 in Prep (3 WTC, Brookfield, 111, 217, 30 Hudson). So that's 10 Supertalls that will assuredly be complete by 2020 (and I'm not even adding others like One Vanderbilt, Girasole, Verre, 35 Hudson that will highly be finished by 2020. But for safe measure, let's go with 10.

Considering the US only has 14 Completed supertalls right, the US is projected to go from 14 in 2010 to 24 in 2020. That's much higher than historical norms:

1930-1939: 2 (Chrysler, Empire); 2 Cumulative
1940-1949: 0
1950-1959: 0
1960-1969: 1 (John Hancock); 3 Cumulative
1970-1979: 4 (Twin Towers, Aon, Sears); 7 Cumulative
1980-1989: 4 (Wells Fargo, JPMorgan Chase, Franklin, US Bank); 11 Cumulative
1990-1999: 2 (BoA Plaza-Atlanta, Two Prudential); 13
2000-2009: 3 (Trump, BoA-New York, NYT); 16 Cumulative - 2 Twin Towers: 14
2010-2019: 10* (1WTC, One57, Wilshire Grand, Transbay, 432 Park, 30 Hudson, Brookfield, 111, 217, 30 Hudson): 24

The US is ramping up supertall construction.

Also note that I'm deliberately missing a ton of supertalls that will likely make it out of the pipeline. As I noted above, Verre, 35 Hudson, Girasole, One Vanderbilt, and will likely be completed then too. 3WTC and 2WTC will likely be under construction by 2020 with a slew of other supertalls like 50 Hudson either U/C or getting close by then also. Miami will probably build 1 of its proposals. And then I'd peg a surprise supertall in a secondary city (Seattle, Boston, Dallas). So I think the tally will be closer to 15 which means the US will likely build as many supertalls from 2010-2019 as it did from 1930-2009 (and 2009 was a good year for supertalls in the US)
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Old June 1st, 2014, 10:34 PM   #10118
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Quote:
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It's really sad that it is so hard to build supertall skyscrapers in the US nowadays.
Um... There are many supertalls underway in the US. More than you can count on both hands.

Plus... San Francisco is building a supertall, when San Francisco builds a supertall you know things are going in the right direction.
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Old June 4th, 2014, 03:10 PM   #10119
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Quote:
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Man, I want to see this tower rise badly.
100 million dollars doesn't change hands without someone somewhere making some big-ass plans.

I've always said: the fact that there's a conversation about this tower still going on after it was dormant for so long tells me this is far, far closer to reality than 90% of supertall proposals. There are renders, there are schematics. There are floor plans. There's models and logos and all the other stuff.

Of course: there's also no money. Which is the keystone to the whole deal. But this is America. The only thing they have is money.
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Old June 4th, 2014, 08:59 PM   #10120
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Quote:
Originally Posted by SomeKindOfBug View Post
100 million dollars doesn't change hands without someone somewhere making some big-ass plans.

I've always said: the fact that there's a conversation about this tower still going on after it was dormant for so long tells me this is far, far closer to reality than 90% of supertall proposals. There are renders, there are schematics. There are floor plans. There's models and logos and all the other stuff.

Of course: there's also no money. Which is the keystone to the whole deal. But this is America. The only thing they have is money.
This is a good point. I think it's a real possibility. Kelleher definitely has the passion/perseverance to do it.
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