It's dead folks. Dead, dead, dead! It was a false dream borne of an "overexuberant" real estate market, the likes of which won't reappear until another generation forgets the lessons the current ones are learning the hard way.
And if you think this is bad, wait until China's real estate bubble bursts!
40 mil, that's all! Some "shacks" down here in Hawaii almost cost that much. all I can say is those people who buy near the top better be seasick worthy. Actually, I'm more interested w/ the pier that juts out into the water. Is that a market place or something?
Construction is still stalled. Don't expect to hear anything one way or the other until AFTER the announcement this October of the winning city for the 2016 Olympics.
Sales in this building are highly contingent on Chicago being perceived as an up-and-coming global city. The developer is charging high prices and is depending on sales to international buyers. If Chicago gets the 2016 Games, that will boost the chances of this project getting financing. If Chicago loses, the project is dead.
Construction is "postponed", according to the developer. A semi-permanent safety fence is being erected around the hole this week, indicating they plan to abandon the site during a potentially long delay. This, only a week after they announce the sale of the $40 million penthouse.
btw for those of u who ight not know, the tower that stands next to the spire is called the broadcast building, they were gonna built it but the city said no, it was for cable, transmission and stuff.
the design on 0:35 looked the best out of all of them, it looked more unique and it didnt look simple and plain like the one they r designing, i wish they made that one tho.
true. I guess it also depends on the location too. You can definitely tell a difference between the photos in :05 and 1:04. On the :05 slide the spire is closer to the viewer. Thanks bearsfan
i know but something about it doesnt look that big, its probly gonna be big in real life but i wish some of theese pics would be more acurate, nice video btw
i hate how it looks so small in jtheese videos its sopuse to be 2 times biger than the sears tower and it looks like a 700ft tall building in theese videos expt for some of the pictures
that is penis....
aryoseno11 4 months ago
It's dead folks. Dead, dead, dead! It was a false dream borne of an "overexuberant" real estate market, the likes of which won't reappear until another generation forgets the lessons the current ones are learning the hard way.
And if you think this is bad, wait until China's real estate bubble bursts!
DFDalton1962 11 months ago
Is it just me, or does that thing look like a blunt?
Violinboyhere 1 year ago
40 mil, that's all! Some "shacks" down here in Hawaii almost cost that much. all I can say is those people who buy near the top better be seasick worthy. Actually, I'm more interested w/ the pier that juts out into the water. Is that a market place or something?
madtoytle 1 year ago
Dosnt look right for chicago
Mikeferrari69 1 year ago
Tis still gonna be built or no?
BoboVicus 2 years ago
Construction is still stalled. Don't expect to hear anything one way or the other until AFTER the announcement this October of the winning city for the 2016 Olympics.
Sales in this building are highly contingent on Chicago being perceived as an up-and-coming global city. The developer is charging high prices and is depending on sales to international buyers. If Chicago gets the 2016 Games, that will boost the chances of this project getting financing. If Chicago loses, the project is dead.
DFDalton1962 2 years ago
I'd like to put a repeater on top of that thing.
KC9PBI 2 years ago
Cant wait till its built
imgoingtobarf 3 years ago 2
Construction is "postponed", according to the developer. A semi-permanent safety fence is being erected around the hole this week, indicating they plan to abandon the site during a potentially long delay. This, only a week after they announce the sale of the $40 million penthouse.
In other words, don't hold your breath.
DFDalton1962 3 years ago
looks like a screw upside down
ninjaslayer99 3 years ago
btw for those of u who ight not know, the tower that stands next to the spire is called the broadcast building, they were gonna built it but the city said no, it was for cable, transmission and stuff.
chicagobearsfan321 3 years ago 4
ur a fucking retard chicagobearsfan321
Baller2x3 3 years ago
ur the retard
chicagobearsfan321 3 years ago
lol just to let u guys know me and chicagobearsfan321 are the same ppl they are both my accounts lol i just said that stuff for fun
Baller2x3 3 years ago
the design on 0:35 looked the best out of all of them, it looked more unique and it didnt look simple and plain like the one they r designing, i wish they made that one tho.
chicagobearsfan321 4 years ago 4
true. I guess it also depends on the location too. You can definitely tell a difference between the photos in :05 and 1:04. On the :05 slide the spire is closer to the viewer. Thanks bearsfan
exotiq7001 4 years ago
i know but something about it doesnt look that big, its probly gonna be big in real life but i wish some of theese pics would be more acurate, nice video btw
chicagobearsfan321 4 years ago 2
i hate how it looks so small in jtheese videos its sopuse to be 2 times biger than the sears tower and it looks like a 700ft tall building in theese videos expt for some of the pictures
chicagobearsfan321 4 years ago 2
actually the Sears towers stands at around 1700 feet (with antennas) and the spire will stand at 2000 feet
exotiq7001 4 years ago
wow, that base looks awfuly freagile, huh? bet there will be some serious modifications on that as soon as they start consturcting it.
Ctheyear3000 4 years ago
i wonder how much the penthouse would be in that baby! i also wonder how long the elevator ride would be! :)
Disfik 4 years ago
The penthouse is going for $40 million. holy cow :P
j9browneyes 4 years ago
whats that building in 42 seconds is that going to be built or what
awadh1234567890 4 years ago
i wish i can get a condo
edmannumber1 4 years ago
Nice job on the video. Now I want to get one of the condos on the upper floors. If I only had 44 Million Dollars, I'd be IN.
paulgrem 4 years ago