We have people losing their benefits, their homes, their families, because they haven’t worked in such a long period of time. VILLANOVA: We have up to 30 percent unemployment in some of our locals. He estimates seven-and-a-half million work hours, which makes it well worth the possible downsides. He says under the proposed deal, union members would do all the work on the Spire. He heads the local Building and Construction Trades Council. THOMAS VILLANOVA: We’re trying to get monies invested to get the project going, to get the spire project going. There’s been no work on the site for over a year since the developer ran into money trouble. Kelleher says his project, started in 2006, was. It’s little more than a hole in the ground. 29-Oct-19 UPDATED A settlement reached last Friday between developer Garrett Kelleher and an Irish banking agency could be the last word on the Chicago Spire, a 2,000-foot-tall residential building that in 2008 was being built along the Chicago River in Streeterville. At 2000 feet, it would be one the largest buildings in the world, but the actual work site is less impressive. From Chicago Public Radio, Adriene Hill reports.ĪDRIENE HILL: The design plans for the Chicago Spire are stunning. So now organized labor is looking to use the tower as its own kind of stimulus project. Originally commissioned by Christopher Carley, the building site for the project was purchased by Irish. The building was designed by Spanish architect Santiago Calatrava and was being developed by Garrett Kelleher of Shelbourne Development Group, Inc. That project never really got off the ground though. The Chicago Spire was a supertall skyscraper under construction in Chicago, Illinois. That is true in housing, and it is true in commercial real estate as well.īack in 2007, developers in Chicago broke ground on a soaring, twisting skyscraper designed by the renowned architect Santiago Calatrava. Kai Ryssdal: Construction pretty much everywhere has slowed to a crawl since the recession started.