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Council Approves Spire, Despite Finanical Haze

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Chicago’s City Council Wednesday approved plans to build the tallest building in North America. For Chicago Public Radio, Alex Helmick reports.

If built, the Chicago Spire, designed by famed architect Santiago Calatrava, would stand 2000 feet tall -right on Chicago’s lakefront. The twisting tower is designed to house 1200 residential units.

Outgoing Alderman Burt Natarus helped orchestrate the zoning and planning of the massive building.

NATARUS: I think this is a very monumental day in Chicago. We worked very hard on this and we went to the community and we discussed it with the community. I’m just hopeful it will be completed and I think it will help put Chicago on the map to be the first class city that it is.

The Spire’s developer hasn’t revealed the cost of the project, hut he says he’ll fund 30 percent from his own fortune.

A Spire spokeswoman says residential units will go on sale in late summer and construction is set to begin in a few weeks.

For Chicago Public Radio, I’m Alex Helmick.

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