Some opposition from neighborhood residents originated from concerns with increased congestion. This building belongs to Chicago and should be in Chicago.' Natarus, who was the 42nd-ward alderman when the building was announced, said: 'This is a very unique opportunity for the city of Chicago. Chicago Mayor Daley said he approved of the design, stating that it was environmentally friendly. There was widespread support for the original design of the building among both the residents of the immediate neighborhood and the city of Chicago as a whole, partly because the building would block less sunlight and obscure less of the skyline than the lower buildings for which the land was originally zoned.

As part of the approval process, the council passed a measure that raised the height limit on structures at the site to accommodate the 2,000-foot (610В m). On March 29, 2006, the Chicago city council also approved that design. On March 16, 2006, the initial design of the building passed unanimously during that day's meeting of the Chicago Plan Commission and on March 23, 2006, the same happened at the city's Zoning Committee meeting. The building was planned to include a hotel and condominiums and also featured a tall broadcast antenna mast. Carley of the Fordham Company was spearheading the project. When originally proposed as the Fordham Spire in July 2005, the design had 115 stories. 1.6 Financial crisis and suspension of construction.Д«y the end of 2010, legal actions by Anglo Irish Bank caused the courts to hand control of the site to a receiver, leaving the project dead. Amid several unsuccessful attempts with labor union investment funds to bail out the project, Shelbourne Development continued its attempt to secure additional financing and restart construction and insisted that the project was not dead. Following the start of the late-2000s recession, and its impact on the primary lender for the project, construction was suspended at the site. Between 20, three revisions were made to the design, and the renamed project gained city approval. ДЄfter several months of development in 2005, Carley failed to acquire necessary financing, and the project was taken over by Garrett Kelleher of the Shelbourne Development Group in 2006. Carley of the Fordham Company in 2005, the project was supported by many Chicagoans and city officials. At 2,000 feet (610В m) and with 150В floors, it would have been among the world's tallest buildings and freestanding structures, after the Burj Khalifa, and the tallest building in the United States and the Western Hemisphere, surpassing the CN Tower. The building was designed by Spanish architect Santiago Calatrava and was being developed by St Patrick's Athletic owner Garrett Kelleher of Shelbourne Development Group, Inc. The bank was expected to take possession of the site where the Spire was to have been built. filed a US$77 million foreclosure lawsuit against The Spire's Irish developer Garrett Kelleher, claiming that loans made to KelleherвЂ™s development company had been in default for a year. The construction was halted after several years of on-going financing challenges, including the global recession that began in 2008. The Chicago Spire was a supertall skyscraper project in Chicago, Illinois, which was abandoned in 2008 with only its foundation work completed.

Spire definition