CHICAGO | Chicago Spire | 610 M / 2,000 FT | 150 FLOORS | NEVER BUILT

[kayosthery]

Originally Posted by BVictor1

No.

I was quoting vanhenrik. I guess the message was edited when V got suspended

What happened?

[BVictor1]

Originally Posted by kayosthery

What happened?

don't know.

my guess was his repeating the same question every few days when these questions have been answered again and again.

he'd been asked to stop asking the same questions but didn't

i'm sure they sent him an explination

[CMack]

Originally Posted by Dalton

I think this means that by March 31st they hope to have the formwork for the core resting on the mat, 70 feet below ground level.

But that's just the pessimist in me....

Of course, why would you post anything else? Seriously, the people who constantly dog on this project seem to do so over and over and over and nothing else.

On another note (the progress on the ground)... Great to see the whalers in there for the 7th ring! A nice milestone coming for the major underground work!

[harryc]

From above



higer res
2007 series
2008 Q1 series
2008 Q2 series
2008 Q3 series

CASE loading up the last of their stuff.






Lined up by size - awaiting a transporter ?
Note (some of) the forms for the whaler are back up on top - far left of frame.

[Dequal]

This one is cool! I want something like that with the initials too for in my room :p

[chi-arch]

^Yeah, great hall tree! I don't know how you catch things like the guy with his head shoved in that bit. Priceless stuff, Harry.

[andydie]

Hiya friends, fans and Spirelovers,

20 days have passed and once again it was time for a new update for the one and only Spire:

http://de.youtube.com/watch?v=LsFB55MVciY

Music: Faithless - Insomnia 2008 (Electro Mix)

Its in High Quality so make sure you klick on that to enjoy the full experience

Please check out my channel too:
http://de.youtube.com/user/andrsdtz

[i_am_hydrogen]

Fascinating and highly in-depth article on Calatrava from The New Yorker. It contains some references to the Chicago Spire.

http://www.newyorker.com/reporting/2008/09/01/080901fa_fact_mead?currentPage=3

[i_am_hydrogen]

J. P. Morgan ends mortgages for overseas buyers
By: Eddie Baeb Aug. 29, 2008

(Crain’s) — J. P. Morgan Chase & Co., which had been part of efforts to market the Chicago Spire overseas, earlier this month eliminated its program that made mortgages to foreign buyers.

The move by J. P. Morgan, which offered mortgage loans to prospective foreign buyers in the planned 150-story Spire, was among others recently instituted by the New York investment bank as part of efforts to tighten its mortgage lending practices, says a company spokesman...

http://www.chicagobusiness.com/cgi-bin/news.pl?id=30804

[cbotnyse]

the credit/real estate market is brutal right now.

[jjk1103]

Originally Posted by i_am_hydrogen

J. P. Morgan ends mortgages for overseas buyers
By: Eddie Baeb Aug. 29, 2008

(Crain’s) — J. P. Morgan Chase & Co., which had been part of efforts to market the Chicago Spire overseas, earlier this month eliminated its program that made mortgages to foreign buyers.

The move by J. P. Morgan, which offered mortgage loans to prospective foreign buyers in the planned 150-story Spire, was among others recently instituted by the New York investment bank as part of efforts to tighten its mortgage lending practices, says a company spokesman...

http://www.chicagobusiness.com/cgi-bin/news.pl?id=30804

.....this is because Jamie Dimon took the bank out of Chicago ....

[i_am_hydrogen]

It's part of the regulations being implemented to prevent another Bear Stearns disaster.

[photoLith]

i predict that once this building is finished the amount of car wrecks along LSD will increase dramatically. People will be like, holy crap look at that and not pay attention to the road.

[Nowhereman1280]

Originally Posted by i_am_hydrogen

It's part of the regulations being implemented to prevent another Bear Stearns disaster.

Not really, this is banks reacting to the (natural) demands of shareholders to get out of the RE market, whether its a rational move or not. Bear Stearns had nothing to do with giving out bad mortgages, they weren't even a real bank, just and investment bank. Bear Stearns went under not because they gave out bad mortgages but because they bought tons of bad securitized mortgages...

[America 117]

what photolitherland said

[Marcu]

I'm not sure why a Chase rep would travel with the Spire sales team if so few people actually relied on lenders to purchase their residences there.

[theWatusi]

Originally Posted by Marcu

I'm not sure why a Chase rep would travel with the Spire sales team if so few people actually relied on lenders to purchase their residences there.

Even if it his capture rate was a small percentage of overall sales, I'm sure the Chase mortgage guy will write plenty of loans for his efforts.

[cbotnyse]

Originally Posted by Nowhereman1280

Not really, this is banks reacting to the (natural) demands of shareholders to get out of the RE market, whether its a rational move or not. Bear Stearns had nothing to do with giving out bad mortgages, they weren't even a real bank, just and investment bank. Bear Stearns went under not because they gave out bad mortgages but because they bought tons of bad securitized mortgages...

well remember, JPM now owns all of Bear Sterns bad securitized mortgages. I'm sure they don't want to keep digging that hole of debt even further. I didnt know JPM was involved in the Spire sales, but it sucks that they are. I understand them backing out of something like this.

[harryc]

From above



higer res
2007 series
2008 Q1 series
2008 Q2 series
2008 Q3 series

CASE cleaning up and pulling out the last stuff.
One last look


Firing up the crane


Forms from the last whaler


Pick up those beams


All cleaned up




Roundup


Waiting pickup


Busy stretch of the river



FUll size

[jjk1103]

.....does anyone want to speculate when we'll see a mat pour ?