In keeping with the construction-site retro-fit trend (from New York to San Francisco) the Chicago Architecture Club just launched a contest for proposals to do something–anything!–with the stalled Chicago Spire’s giant foundation site.
Calatrava’s 2,000-foot-tall tower would be the country’s tallest. Instead, it’s a 76-feet-deep, 110-feet-wide hole on Lake Shore Drive. Construction was stalled over a year ago when the tower’s financing was thrown into disarray. The developers, Shelbourne Development Group and Garrett Kelleher, supposedly defaulted on a loan and Bank of America sued them for $4.9 million. Shelbourne sued the bank right back as the firm continues to look for other funding sources (the latest attempt was asking local unions to pony up, claiming the project would pay for itself in construction jobs).