^ Interesting. We haven't seen many of those around these parts, have we? It's typically the truck-mounted variety.
At any rate, folks wondering what's going on with groundbreaking here. CRG (and Shappack in a JV, though my assumption is that in terms of the actual developer here, this is mainly a CRG joint - correct me if someone has deets on structure) must be having a real challenge landing financing because of the office component. I've been wondering about this....do they make it a phased development now instead? Financing for spec office is really scarce right now, and of course quite a bit more expensive than it was not all that long ago (and let's be honest, the standard in Chicago has long been - even in 'easy' debt capital times - you land an anchor tenant, then you land your financing. There may be exceptions, but they are exceptions.
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It's simple, really - try not to design or build trash.
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