Tuesday, July 26, 2005

You can take the girl out of commercial real estate

The NYT sites security concerns as the primary objection for Calatrava tower/Fordham Spire. Nowhere in the article does it mention that Chicago is suffering around 20% office vacancy. Maybe demand will pick up by the time this is built, but there are still a lot of other new construction projects going up. The real question isn't terrorism, it's do we need another tall office building in the Loop just now?
From an architectural perspective, it sure does look nifty.

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