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The Chicago Spire was a skyscraper project in Chicago that was partially built between 2007 and 2008 before being cancelled. Located at 400 N. Lake Shore Drive , it would have stood 2,000 feet (610 m) high with 150 floors and been the tallest building in the Western Hemisphere.
Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. [4] By December 3, 2008, a deal was made to sell all 36,000 [5] [6] of the parking meter spots in the city for 75 years for $1.15 billion.
[8] [9] The Chicago Plan Commission, Chicago's zoning committee and the Chicago City Council approved the final plans of the Chicago Spire in April and May 2007. [ 10 ] [ 11 ] [ 12 ] By October 2008, the late-2000s recession led to the suspension of construction and a $11.34 million ( USD ) lien on the construction site. [ 13 ]
In 2013, as part of its first growth beyond Chicago, ParkWhiz expanded its monthly parking feature to New York City, [2] [9] offering approximately 200 locations. [ 2 ] [ 9 ] The company organized parking for the Super Bowl in 2010 and parked an estimated 30% of Super Bowl traffic in 2012.
[1] [2] Opening in 1990, it surpassed the AUL Tower (now OneAmerica Tower) in Indianapolis for the distinction. The building's twin spires' are 811 feet (247 m) tall, while the 48 floors of office and retail space and 2 building equipment floors above that peak at the 701-foot (214 m) roof.
DuSable Park was a staging area for the construction site of the now cancelled Chicago Spire. In July 2005, Christopher Carley of the Fordham Company announced a new development project called the Fordham Spire. [4] The Fordham Company pledged nearly $500,000 to assist in the development of the park, which was to adjoin the site of their new ...
Heavy snow pushed into Great Lakes cities, including Chicago and Milwaukee, on Thursday during the season's first winter storm, disrupting travel before bringing more travel impacts across ...
On July 21, 2011, Davies announced his plans for the Twin Towers within the Old Chicago Main Post Office Redevelopment. [2] [3] Davies' plans were filed by his company, International Property Developers. [4] A previous 2,000-foot (610 m) building plan for the Chicago Spire stalled during the Great Recession. [4] The plan was approved on July 18 ...