The recession-battered developer in charge of building Santiago Calatrava's beleaguered Chicago Spire, is once again renewing its efforts to build what would be the world's second-tallest tower, reportedly "close to paying off $135M owed to creditors of the bankrupt project." If built, the 2,000-foot narwhal tusk lookalike will house 1,194 condos and cost something like $1.6B to develop. Read more. [Arch Record; previously]
Filed under: