Chicago's Spire May Get Union Funding
The site of the Chicago Spire, now an undeveloped eyesore, may soon see progress, as its developer and AFL-CIO negotiate for funding.
"An investment by the pension fund would make the project a 100 percent union job.
'Obviously, the idea of pulling the unions together and making this a 'Made in America' project is very positive,' said project spokeswoman Kim Metcalfe, who confirmed ongoing discussions with the union.
'We're exploring all of the financial options with the economy as challenging as it is, but clearly this is long-term,' Metcalfe said. 'We're working toward the success of the building. We continue to actively market the building. Clearly, the construction of the building is on pause, but nothing else about the building has stopped.'"
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