CHICAGO | Chicago Spire | 610m | 2000ft | 150 fl | Canceled
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that's a geat idea :lol::lol::lol:
I would go there to visit it.
G
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·We are giving some future owners some profitable ideas!
kay:
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On the left of the proposed Spire I see a new building emerging.photo by me, render by poloman, on ssp
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Is that supposed to be the trump tower?
Which one's supposed to be taller, Spire or Trump?
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562 Posts
About as often as carbon nanotubes are used in suspension bridges.
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How on earth are they going to fill this thing? There arent' that many rich people in Chicago...
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touche...who said only people from chicago will live there
Thats what I first thought - theres 1,100 or so apartments in it - but estate agents Savills have been putting on 3 day events in a number of countries to promote it and bring in foreign buyers.
Events in Ireland, South Africa, East Asia and London have meant that they've already managed to sell 30% of apartments
Not bad!
G
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·^^ Too bad this tower is not marketed for the locals.
G
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·If they made it more affordable, it would be built for the locals.
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If they made it more affordable they couldn't afford to build it! You're forgetting it is being built privately with no gov't funding unlike many other large buildings around the world.
Trust me, there are a lot of people here who can afford to live in this building. You wouldn't guess it because here, people don't flaunt their money like people in some other places do. That's one reason why i love Chicago, we're reserved and classy. :cheers:
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You are referring to people of Dubai, aren't you. :lol:
or NEW YORK!!
but seriously if you calculate the average price for each unit, to make a decent profit the average price has to be well over $2.5million per unit.
$3billion/1200=$2.5million
so lets say they want to make about 250 million off this project
$3.25billion/1200=$2.7million per unit!!! yikes better start saving
i think thats right someone do the math again its 2am here in L.A. and im tired, studying for my geology final. funny we had an earthquake last tuesday and our test is on earthquakes and geophysics :lol:
but seriously if you calculate the average price for each unit, to make a decent profit the average price has to be well over $2.5million per unit.
$3billion/1200=$2.5million
so lets say they want to make about 250 million off this project
$3.25billion/1200=$2.7million per unit!!! yikes better start saving
i think thats right someone do the math again its 2am here in L.A. and im tired, studying for my geology final. funny we had an earthquake last tuesday and our test is on earthquakes and geophysics :lol:
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4,372 Posts
2520 N Lakeview Avenue # 22P4, Chicago, IL 60614but seriously if you calculate the average price for each unit, to make a decent profit the average price has to be well over $2.5million per unit.
$3billion/1200=$2.5million
so lets say they want to make about 250 million off this project
$3.25billion/1200=$2.7million per unit!!! yikes better start saving
Bedrooms: 4 Bathrooms: 4.1 Garage: 2
Square Ft: 7,068
Price: $12,444,096
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Im sure they could sell a 4 bedroom apartment like this at a high price:
:cheers:
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