before all of this insanity, Hines was due to start construction on a new large office tower here in chicago this spring. with anchor tenant Salesforce already signed on, it is proposed to be ~1.5M SF and 835' tall.
we've heard that financing has already been lined up, and with Hines, that's generally a pretty safe bet under normal circumstances, but we are no longer under normal circumstances.
it will be very interesting to see what happens with this one in the coming weeks/months. it could be the canary in a coal mine.