"As the Spire Twists"

    The City of Chicago Plan Commission recommends unanimously that the zoning committee approve the latest designs for the Chicago Spire.

    Romantic, eh? Wonder what it would really be like?
    I admire how it touches the ground lightly. Everyone I talk to likes the profile of the original scheme the best, (except for the original base of several levels of parking,) but says this new one is also fantastic.

    Kelleher the Developer knows best.

    But, since you asked, I don't see how this can get this built. Not with a price tag of more than 2 billion dollars. Kelleher would have to charge more per unit than I think this market can bear. Who would be the clientele for such a place in Chicago?

    Well, Dublin-based, former Chicagoan Garrett Kelleher, head of Shelbourne Development, worth a reported $750 million, certainly knows real-estate better than I.

    In any case, it sure is pretty, it sheds good light on Chicago that we're even considering this, and and Mayor Daley desperately wants it. That and about 2 billion dollars will get you a tower like this built here. Now, where to find those 2 billion?
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    There is nothing wrong with this site


    that 2 billion dollars can't fix.


    Please call if you'd like to finance this tower.

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    from the Press release:
    The Chicago Spire Receives Approval from City of Chicago Planning Commission

    Located at 400 North Lake Shore Drive, where the Chicago River meets Lake Michigan, the 2,000-foot tall twisting tower will house 1,200 residences with the finest amenities available anywhere in the world. ...

    The approved plan features several improvements to earlier designs that will enhance The Chicago Spire’s integration with the surrounding environment, including a spectacular four-story transparent glass lobby, an underground parking garage for residents and a one-acre landscaped public plaza. In addition, The Chicago Spire will be engineered to meet the gold standard of LEED certification, which dictates among other things that rainwater be recycled for landscaping treatments, river water be used for cooling and special glass be included to protect migratory birds.
    Source URL: http://ecleticsergio.blogspot.com/2007/04/spire-twists.html
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