Quote:
Originally Posted by Northwest
Would not be surprised Case Foundation's quote was padded a bit to account for risk. The foundation is always first, and to be the first contractor on a project that still lacks financing... well there is a chance they wont get paid, and end up in court. This project needs to secure financing ASAP, I would be adverse to working on this too since they are being so secretive about where the money is coming from.
The Spire site should have taught them a lesson.
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They're not being secretive at all? they've got one of the most reputable American lenders there is financing this thing.
At 1000M, an excavator is on-site, and the start of caisson drilling is “imminent,” Jordan Karlik of JK Equities tells Curbed Chicago. The South Loop project has also secured financing from Goldman Sachs, the development team announced on Thursday
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