Chicago Spire Gains A Foothold
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July 24, 2007 - From all reports, it looks as though the Chicago Spire may actually begin its twisting ascent into the skyline soon. Since the first announcement of the project in 2005, the Spire has undergone several major changes both in name, design and developer. The fact that foundation work is imminent means that architect Santiago Calatrava’s dream building is more than the plume of smoke that was said to be the design inspiration.
The Chicago Tribune reported in late June that Irish developer Shelbourne Development had made a decision on which company would be granted the contract for the building’s foundation work. Case Foundation Company is now in charge of that extensive work, and Shelbourne Development released a statement saying that permits had been acquired, equipment necessary is present and the estimated completion of the foundation would be early 2008 with total project completion sometime in 2010.
Garrett Kelleher, who is the executive director of the development company, was quoted in the Chicago Real Estate Daily as saying, “This marks a significant milestone, as it was the last step before officially beginning construction.” He also said that they expect to begin a marketing campaign as early as this fall for the 1,200 luxury condominium units the Spire will house.
For more information on the Spire or any of the other new and pre-construction condos in Chicago and the surrounding area, be sure to visit Chicago Illinois Condominiums for Sale
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