The high-water marks showing where the last boom broke under the pressure of the Great Recession are still visible in cities all over the country. The Chicago Tribune recently checked on a particularly poignant example in Chicago.
Kim Janssen checks in on the hole in the ground that almost became the Chicago Spire skyscraper, and the second-tallest building in the world after the Burj Khalifa.
After the Great Recession forced Spire developer Garrett Kelleher to halt construction with only a 76-foot-deep hole that would have been the building's foundation to show, the property has since changed hands and not much else.
Janssen reports, however, that "[w]orkers last week started moving dirt to form a landscaped berm that will block the view of the 110-foot diameter hole from a row of 10 Streeterville row homes on the 400 block of East Water Street." The camouflage effort was followed by a communication from current owners the Related Midwest announcing, in effect, that there's nothing to see, or expect, at the Spire.
FULL STORY: After 2,000-foot dream dashed, Chicago Spire's remains to be hidden behind dirt mound
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.
Google Maps Introduces New Transit, EV Features
It will now be easier to find electric car charging stations and transit options.
Ohio Lawmakers Propose Incentivizing Housing Production
A proposed bill would take a carrot approach to stimulating housing production through a grant program that would reward cities that implement pro-housing policies.
Chicago Awarded $2M Reconnecting Communities Grant
Community advocates say the city’s plan may not do enough to reverse the negative impacts of a major expressway.
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