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Old 03-05-2009, 10:50 AM
 
894 posts, read 2,385,333 times
Reputation: 192

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another victim of todays economy

Loop luxury hotel plan dropped - Chicago Breaking News (http://www.chicagobreakingnews.com/2009/03/loop-luxury-hotel-plan-dropped.html - broken link)
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Old 03-05-2009, 10:56 AM
 
2,329 posts, read 6,644,848 times
Reputation: 1812
Yup. Thats the final nail in the coffin for Waterview.
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Old 03-05-2009, 11:10 AM
 
11,975 posts, read 31,848,389 times
Reputation: 4645
Now we've got a parking garage with the structural column capacity for solid lead trucks. And on a prime river location! Yay!
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Old 03-05-2009, 11:11 AM
 
968 posts, read 2,671,556 times
Reputation: 431
Great ..instead of an ugly but functional parking lot on the site, we're left with a partially finished concrete core .. Hmmm.. thoughts for future use ??
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Old 03-05-2009, 11:21 AM
 
11,975 posts, read 31,848,389 times
Reputation: 4645
I really hope they knock it down and start over. It's a prime site that should have a signature building.
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Old 03-05-2009, 11:38 AM
 
Location: Evanston
725 posts, read 1,853,047 times
Reputation: 195
Ouch. That's right near my office. I guess they'll be removing that huge, fancy sign now.
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Old 03-05-2009, 12:44 PM
 
Location: Chicago- Lawrence and Kedzie/Maywood
2,242 posts, read 6,250,640 times
Reputation: 741
Damn.
I was banned from some skyscraper site.
Before that everyone was wonder what was up with this building.
It's been a skeleton for months and months.

I was wondering myself.

It was actually going to be very beautiful.
Sucks.

And tall!
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Old 03-05-2009, 01:31 PM
 
2,329 posts, read 6,644,848 times
Reputation: 1812
The crazy thing is, this would have pretty much been done right about now had the market not gone down the tubes.
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Old 03-05-2009, 03:35 PM
 
Location: Chicago- Lawrence and Kedzie/Maywood
2,242 posts, read 6,250,640 times
Reputation: 741
Now that it happened with this building... the possibilities of it happening to the Chicago Spire have gone up a lot.
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Old 03-05-2009, 03:41 PM
 
2,329 posts, read 6,644,848 times
Reputation: 1812
Quote:
Originally Posted by Venom View Post
Now that it happened with this building... the possibilities of it happening to the Chicago Spire have gone up a lot.
Comparing the Spire to Waterview is like apples and oranges. They are each stopped for completely different reasons. The only thing they have in common is that they are both tall and expensive.
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