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Old June 27th, 2014, 04:31 PM   #10161
SomeKindOfBug
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and one massive structure is unlikely to set into motion a craze of foreign-driven luxury condo acquisition
By what logic are they making that claim? That's exactly what's happened in Dubai and a large number of Chinese and European cities.

In fact, if you had to make a list of 'things that are likely to spur property investment', boundary-pushing prestige skyscrapers would be top of the list, not bottom. They have an immediate effect on the culture and international renown of the city.
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Old June 27th, 2014, 10:44 PM   #10162
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Even with investor interest, the Spire faces an uphill battle in its hopes of achieving profitability. Projected to cost between $1 billion and $1.5 billion to complete, the Spire's condos would need to sell at around $800 to $1,000 per square foot to be economically viable. While this might be the norm for New York's ultra luxury market, Chicago's median is closer to $300 per square foot. Living in the Spire would be exceptionally costly.
What an awfully misleading comparison. $300 per square foot is the median condo price in Chicago... However, This is a luxury building. Prices over at the trump building (another luxury building) rose to over $1,300 well over what this said is viable for the Spire which is a better site with greater height IMHO.
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Old June 28th, 2014, 12:14 AM   #10163
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This tower, if constructed, is surely going to be on of the most striking icons in the world. This is a big deal design wise.
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Old June 28th, 2014, 12:18 AM   #10164
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Quote:
Originally Posted by SomeKindOfBug View Post
By what logic are they making that claim? That's exactly what's happened in Dubai and a large number of Chinese and European cities.

In fact, if you had to make a list of 'things that are likely to spur property investment', boundary-pushing prestige skyscrapers would be top of the list, not bottom. They have an immediate effect on the culture and international renown of the city.
I think things are more difficult that that. One skyscraper alone probably won't be enough. City-wide changes in terms of governance, etc will probably be required to unleash a major rise in the international renown of the city. Given the current problematic issues in the city and the long cold winters, i'm not sure one design alone will be enough. I'm hoping it is though.
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Old June 28th, 2014, 12:58 AM   #10165
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Originally Posted by City-of-Platinum View Post
I think things are more difficult that that. One skyscraper alone probably won't be enough. City-wide changes in terms of governance, etc will probably be required to unleash a major rise in the international renown of the city. Given the current problematic issues in the city and the long cold winters, i'm not sure one design alone will be enough. I'm hoping it is though.
I suspect that Chicago might become more important in the coming decades and centuries, in part because coastal cities are going to face problems due to rising sea levels and changing weather patterns. It is well poised to gain from other regions' losses.
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Old June 28th, 2014, 09:22 AM   #10166
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I suspect that Chicago might become more important in the coming decades and centuries, in part because coastal cities are going to face problems due to rising sea levels and changing weather patterns. It is well poised to gain from other regions' losses.
You know that Chicago is build next to a lake and not to the sea?

NYC could get problems with a rising sea level, but NYC is pretty important.
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Old June 28th, 2014, 05:10 PM   #10167
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It's not like the water level would rise 50 feet overnight. If it absolutely had to, they'd build a wall to whatever height was needed to hold back the sea. It wouldn't be very attractive looking and it'd require a lot of land (and probably billions of dollars), but it'll survive. It'd be mighty costly, but there's no way anyone is going to let a city with a trillion dollar GDP get submerged by the sea.
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Old June 28th, 2014, 06:16 PM   #10168
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Didn't they do that with the old AND new World Trade Center? I think they call it a slurry wall. But you can barely notice it from afar. I've actually never seen pictures of it except when you're right next to it.
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Old June 28th, 2014, 10:21 PM   #10169
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Both the WTC and the WFC are on reclaimed land so they had to build some sort of barrier that would keep the Hudson River out of site. Or they had to make the ground elevation higher than the Hudson. I remember I saw a documentary about this but I can't remember anymore which method they used
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Old June 28th, 2014, 11:17 PM   #10170
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Quote:
Originally Posted by ZZ-II View Post
You know that Chicago is build next to a lake and not to the sea?
His post would indicate he does, because he said Chicago would be unaffected (being lakeside) while other cities are seaside.
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Old June 29th, 2014, 05:20 AM   #10171
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Quote:
Originally Posted by City-of-Platinum View Post
I think things are more difficult that that. One skyscraper alone probably won't be enough. City-wide changes in terms of governance, etc will probably be required to unleash a major rise in the international renown of the city. Given the current problematic issues in the city and the long cold winters, i'm not sure one design alone will be enough. I'm hoping it is though.
I disagree, I think it could be. It would essentially become one of America's biggest landmarks, possibly surpassing every tower outside of the Sears, and ESB in recognition. It could even overshadow the new WTC on some level. Tourism would jump due to everyone coming to see America's tallest building, and the spotlight would be on Chicago again.
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Old June 29th, 2014, 05:57 AM   #10172
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Looks so out of place in Chicago.
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Old June 29th, 2014, 05:58 AM   #10173
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I hate to say it, but this probably will never find the financing it so desperately needs. It's a shame too, this is such a nice design.
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Old June 29th, 2014, 05:59 AM   #10174
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Build this in Las Vegas not Chicago.
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Old June 29th, 2014, 09:18 AM   #10175
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Originally Posted by Riley1066 View Post
Build this in Las Vegas not Chicago.
Yep... I want Chicago to build an iconic supertower for the 21st century. This AIN'T it... a giant corkscrew to the skies.... fits more in Vegas, or Dubai for that matter. Terrible design not worth one of America's greatest, world class cities.
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Old June 29th, 2014, 09:51 AM   #10176
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Originally Posted by citybooster View Post
Yep... I want Chicago to build an iconic supertower for the 21st century. This AIN'T it... a giant corkscrew to the skies.... fits more in Vegas, or Dubai for that matter. Terrible design not worth one of America's greatest, world class cities.
honestly, this blows my mind, it's such a beautiful design, perhaps one of the most beautiful. I also think it mixes in nicely.

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Old June 29th, 2014, 09:55 AM   #10177
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How does it mix in? Most of the skyscrapers in Chicago are boxy, this is the opposite.
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Old June 29th, 2014, 10:57 AM   #10178
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Originally Posted by weidncol View Post
How does it mix in? Most of the skyscrapers in Chicago are boxy, this is the opposite.
The Chicago Spire looks better in the skyline than the Freedom Tower in NYC Skyline IMO. Not everything needs to be a box in Chicago just because it's filled with boxy skyscrapers. This looks more in place that the Chicago WTC tbh. Such a beautiful supertall that will only enhance the skyline.
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Old June 29th, 2014, 01:50 PM   #10179
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Looks so out of place in Chicago.
That's a compliment. If it didn't look out of place, it wouldn't be trying anything new. It wouldn't be pushing any boundaries.
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Old June 29th, 2014, 07:44 PM   #10180
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Originally Posted by SomeKindOfBug View Post
That's a compliment. If it didn't look out of place, it wouldn't be trying anything new. It wouldn't be pushing any boundaries.
That's true, and the reason it doesn't look too out of place is that Chicago has a very diverse skyline, one encompassing everything from art deco to international. That's why it's often said to have the best architecture/aesthetics of any skyline.

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