Thursday, February 2, 2012

Due to the financial crisis right now, will the chicago spire project be canceled?

I have been looking everywhere and I cannot find any definite answers. PLEASE TELL ME IF YOU KNOW. I am really concerned and distressed about this considering I really want it to be built.Due to the financial crisis right now, will the chicago spire project be canceled?Last I heard on the news this week, was construction is being halted from time to time, but I believe as the economy picks up, work will continue, however I do expect maybe a few more halts, things like this happen in construction all the time. It is up to the city and sales to keep pushing the work forward.



It will go through, many units have been sold to very interested candidates. I heard the owner of the Ty Beanie Babies has contracted buying a 7 Million dollar penthouse already, and many like him have also, however I only think they are at a 15-25% sold rate. So I guess using logic, they will have to finish it, the base is prepared already.



Time will tell. I want it built, too. It looks amazing and breathtaking.

Due to the financial crisis right now, will the chicago spire project be canceled?Construction of the Chicago Spire has been slowed by the developer and will not resume normal activity until the markets improve from the subprime mortgage crisis.[15]



(Wiki'd it)

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