“When you’ve invested this much time, effort and tangible money in the project, it is not not going to happen.”
– Shelbourne Development spokeswoman Kim Metcalfe, citing her company’s $50 million investment as evidence that work on The Chicago Spire will resume and that it will open in 2012.
Trib critic Blair Kamin surveyed the downtown condo landscape on his “Skyline” blog this morning and warned that “Chicago’s once-superheated skyline—radically transformed during the last 10 years by one of the greatest building booms in the city’s history—is on the verge of being frozen in place” by the global credit crunch.
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