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Old Posted Jan 16, 2009, 7:11 AM
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Quote:
Originally Posted by Chicagoguy View Post
Since it failed in New York, maybe they could try to market it and build it in Chicago? We dont seem to be struggling with finding buyers for all of our new residential towers? Just an idea! It would be great to just see it built!



This one refuses to rest in peace...

http://downtownexpress.com/de_298/undercover.html

Cubes on ice

So many Downtown construction projects are delayed that we can’t possibly list all of them, but here’s one that’s been on-again, off-again: Santiago Calatrava’s tower of staggered condo cubes at 80 South St. is now officially on hold.

Frank Sciame, C.E.O. of Sciame Development, told Downtown Express several months ago that he was moving ahead with plans for the tower. But this month John Randolph, Sciame’s executive vice president for real estate, said pretty much the opposite.

“We’ll see as the market improves,” Randolph said. “We’ll make decisions at that time [about] the best plan for development, which very well may be the Calatrava Tower…. All the options are open as the economy and markets improve.”
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