“A lot of” interest in finishing the 26 story shell of Waterview Tower?!
Posted by ChicagoismynewBlog! on August 9, 2009
Probably some of the best news to come out of Chicago real estate in a long time comes from this Chicago Tribune article. Waterview Tower, located at 111 W. Wacker Drive in Chicago’s Loop neighborhood, was supposed to be a 90 story hotel and condominium high rise right along the Chicago River on Wacker Drive. Due to some very…very…very…”little known” financial and economic reasons…construction was stopped at just 26 bare concrete floors. The odd piece of the puzzle is that a very high percentage of Waterview Tower’s condominiums were sold but to make matters worse, plans for a Shangri-La Hotel on the lower floors were recently scrapped.