City officials in Chicago are demanding the removal of a high-rise crane which stands at the half-built Waterview Tower, a monument to the economic downturn.
Waterview Tower, which on paper is supposed to be a 90-story building, now stands as a shell about 27 stories tall at the southwest corner of Wacker and Clark. No construction work has been done on the building since last year.
"The developer, Teng & Associates Inc., did not return calls. In March, Shangri-La Hotels and Resorts withdrew from an agreement to open a posh hotel in the building, citing global economic difficulties. The property is deep in liens and foreclosure because Teng President Ivan Dvorak started construction before he had loans to finish it."
FULL STORY: City wants high-rise crane removed
Why Housing Costs More to Build in California Than in Texas
Hard costs like labor and materials combined with ‘soft’ costs such as permitting make building in the San Francisco Bay Area almost three times as costly as in Texas cities.
EPA Terminates $116 Million in Grants for Reducing Emissions from Construction Materials
C-MORE grants were earmarked for industry trade groups and universities.
How Might Tariffs and Deportations Affect Affordable Housing Development?
Many affordable housing developers worry Trump’s proposed taxes on imports and crackdown on immigration will be detrimental to the industry. Others hope deregulation reduces development costs enough to offset those effects. What’s the most likely outcome?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Defunct Pittsburgh Power Plant to Become Residential Tower
A decommissioned steam heat plant will be redeveloped into almost 100 affordable housing units.
Trump Prompts Restructuring of Transportation Research Board in “Unprecedented Overreach”
The TRB has eliminated more than half of its committees including those focused on climate, equity, and cities.
Amtrak Rolls Out New Orleans to Alabama “Mardi Gras” Train
The new service will operate morning and evening departures between Mobile and New Orleans.
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