Chicago’s Willis Tower reportedly up for sale

Chicago's Willis Tower in 2010. (Monika Thorpe via Flickr)

Chicago’s Willis Tower in 2010. (Monika Thorpe via Flickr)

Chicago’s tallest building may be on the market, and it might even have a buyer. Read More

Such Great Heights: CTBUH names world’s best tall buildings

One Central Park (Richard Braddish)

One Central Park (Richard Braddish)

The Council on Tall Buildings and Urban Habitat, the nonprofit arbiter on tall building design, has named its 2014 picks for best tall buildings. Among the winners are a twisting tower in Dubai, Portland’s greenest retrofit, and a veritable jungle of a high-rise.

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The World’s Best Tall Building Doesn’t Have to be the Tallest

International, Midwest, Newsletter
Tuesday, November 8, 2011
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KfW Westarkade in Frankfurt, Germany. (Spiegelneuronen / Flickr)

KfW Westarkade in Frankfurt, Germany. (Spiegelneuronen / Flickr)

The Chicago-based Council on Tall Buildings and Urban Habitat (CTBUH) sought out a deep understanding of sustainability and contextualization in selecting the Best Tall Building of 2011. This year’s worldwide winner, while hardly as tall as last year’s winning Burj Khalifa, went to the KfW Westarkade tower in Frankfurt Germany. The 184-foot-tall tower is projected to use half as much energy as a typical European office building and only a third the energy of a standard U.S. building. The 10th-annual awards ceremony took place November 3 at a distinctly horizontal building in Chicago, Mies van der Rohe’s Crown Hall.

Check out the winners after the jump.

Spire Revival

Midwest
Wednesday, December 9, 2009
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(image courtesy Shelbourne Development)

First reported in the Chicago Tribune, and today in the Wall Street Journal, officials at a group of union pension funds are vetting a plan to lend $170 million to restart construction on the stalled Chicago Spire. Designed by Santiago Calatrava, the 150 story residential tower would be the tallest building in the US. The Journal piece points out that with a drastic drop off in condo construction downtown predicted for 2010 and 2011, the completion of the Spire could actually come at a time when there is pent up demand for housing. Blair Kamin previously pointed out that unions have made similar loans in previous downturns, notably providing loans for the construction of Marina City.

According to the Journal, Chicago’s failure to win the 2016 Olympics may have been the key to giving the Spire new life. The pensions had previously been looking to lend funds for the construction of the planned Olympic Village.

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