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CHICAGO | Chicago Spire | 610 M / 2,000 FT | 150 FLOORS | NEVER BUILT
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1017
Posted
Oct 14, 2008, 2:23 PM
10023
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Join Date: Jun 2007
Location: London
Posts: 21,146
Quote:
Originally Posted by
cbotnyse
Governments around the world are taking unprecedented steps to bring liquidity back to the debt markets. Hopefully these steps will restore confidence in projects like this. Also lets not forget the Olympic bid will be announced a year from now. If Chicago gets it, I think that will ignite another speculative fire, with the Spire leading the way.
That may be the only hope for this thing at this point.
It will be interesting to find out how Kelleher's other business are doing. Irish and UK property markets are not too hot right now.
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