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Old Posted Nov 19, 2008, 7:56 PM
SkokieSwift SkokieSwift is offline
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Join Date: Aug 2006
Location: Santa Monica
Posts: 175
Quote:
Originally Posted by BVictor1 View Post


http://www.suntimes.com/business/roe...eder19.article

Developer Warren Barr gives up on 830 S. Michigan high-rise
What a shocker! The guy couldn't even make progress on a smaller building with a prime Michigan Avenue address with more than 50% units sold at the height of the "boom." No way in hell this 80 story beauty was going forward. Hopefully a more seasoned developer (maybe the folks behind the Heritage and Legacy) can pick up the ball when the market bounces back...