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Old Posted Oct 12, 2010, 1:58 AM
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^ The tower's foundation is under construction, and the developer intends to keep building to its full height. If he doesn't get the financing, then yes it will stop at grade. But as of now its as much under construction as any other tower with beginning foundation work. We've seen how that worked with the unfortunate Chicago Spire, and we see another developer trying construction without yet getting a construction loan (Extell's Cargegie 57). It remains to be seen how this will turn out, but for now, yes work is underway.
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