An ambitious plan to build a 2,000-foot skyscraper in Streeterville could be getting new life, after the developer of the Chicago Spire reportedly found an investor to help it emerge from bankruptcy.
The developer of the defunct Chicago Spire condo tower is now the subject of a foreclosure lawsuit on his Gold Coast home.
Some consider the site of what was supposed to be the Chicago Spire an eyesore, but it’s not going anywhere anytime soon.
With the dream of building the soaring Chicago Spire all but dead, the developer behind the project has left its downtown offices.
The dream of a developer to build the Western Hemisphere’s tallest skyscraper in Chicago may have been extinguished.