Quote:
Originally Posted by Steely Dan
buildings don't get built because they are unique, huge, or "look really cool from dozens of miles away". they get built to make money.
my guess is that related does not believe that they can get a positive ROI on this particular piece of property by building a 2+ billion dollar calatrava* mega tower.
they're probably right.
(*) calatrava projects are notorious for going WAY over budget. another strike.
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Interesting. I mean, whatever they build here will be huge and will probably go well over $1B in budget. So they think they can get a good ROI anyway. And it's not like the Spire failed because it wouldn't have made money. It was because the original developer couldn't afford to try.