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.'"

Full Story: Chicago Spire developer in talks with AFL-CIO for funding

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Book cover of Essential Readings in Urban Planning

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $50.
$369 includes free shipping!
DVD Cover of The Story of Sprawl

The Story of Sprawl

See how America changed shape in this collection of historic films that visually document how sprawl evolved.
$29.99 for 2-DVD SET