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
Depopulation Patterns Get Weird
A recent ranking of “declining” cities heavily features some of the most expensive cities in the country — including New York City and a half-dozen in the San Francisco Bay Area.
California Exodus: Population Drops Below 39 Million
Never mind the 40 million that demographers predicted the Golden State would reach by 2018. The state's population dipped below 39 million to 38.965 million last July, according to Census data released in March, the lowest since 2015.
Chicago to Turn High-Rise Offices into Housing
Four commercial buildings in the Chicago Loop have been approved for redevelopment into housing in a bid to revitalize the city’s downtown post-pandemic.
How Urban Form Impacts Housing Affordability
The way we design cities affects housing costs differently than you might think.
The State of E-Scooters in the US
Eight years after shared e-scooters were first introduced in US cities, the industry still teeters on the edge of success, hindered in part by limited infrastructure.
Rochester Shows Possible Future for Former Highways
A former freeway is undergoing a massive redevelopment that goes beyond highway removal to reconnect and revitalize surrounding areas.
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