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Originally Posted by Kngkyle
With the cost of borrowing and materials skyrocketing there is slim to nil chance Tribune Tower East moves forward as previously envisioned anytime soon. About the only thing that might pencil out in this spot over next year or two is a generic ~500ft apartment tower.
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I'd rather wait several years for even another 300+ meter building than for that to happen. If that were true then probably nothing is getting built over the next year or two.
I get sick of mediocrity and blown opportunities. Mexico, Brazil and Egypt all have buildings at or near the 400 range either U/C or under serious consideration but Chicago can't?
I guess construction costs are cheaper in those places but is that really the only reason?
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It's kind of a take on the dead Waldorf Astoria proposal the way it ascends/descends.
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I'd much prefer that over the current 400LSD proposal. Reminds me of SWFC but without the hole.
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