INDUSTRY NEWS & NOTES | QUOTABLES
CHICAGO WORkERS
MAY LEND $170 MILLION
TO RESTART
150-STORY BUILDING
The delayed construction on the Chicago Spire, a 150-
story luxury residential tower planned for downtown
Chicago, may get a boost from unionized construction workers looking for jobs. Construction workers in
Chicago are trying to refinance and restart work on the
Chicago Spire which stalled last year amid the financial
crisis when funding dried up. The 2,000-foot residential
tower would be the tallest building in North America.
Tom Villanova, president of the Chicago and Cook
County Building and Construction Trades Council,
which represents 24 unions with some 100,000 members,
said the individual pension-fund directors, along with an
AFL-CIO pension fund and a union life-insurance fund,
are working on a loan package secured by the development site.
Plans call for the Spire to have nearly 1,200 units, more
than are expected to be completed for the entire downtown area in 2010.
QUOTABLES
“All lasting business is built
on friendship.”
-ALFRED A. MONTAPERT, AMERICAN AUTHOR
“coming generations will
learn equality from poverty,
and love from woes.”
-KAHLIL GIBRAN, LEBANESE-AMERICAN POET
“I believe in the imagination.
what I cannot see is infinitely
more important than what I
can see.”
-DUANE MICHALS, AMERICAN PHOTOGRAPHER
“Human beings, who are
almost unique in having the
ability to learn from the experience of others, are also
remarkable for their apparent
disinclination to do so.”
-DOUGLAS ADAMS, ENGLISH WRITER
“ why should society feel
responsible only for the education of children, and not for
the education of all adults of
every age?”
-ERICH FROMM, AMERICAN PSYCHOLOGIST
“Because things are the way
they are, things will not stay
the way they are.”
-BERTOLT BRECHT, GERMAN POET
“I’ve failed over and over and
over again in my life and that
is why I succeed.”
-MICHAEL JORDAN, AMERICAN ATHLETE
“Sometimes you have to look
reality in the eye, and deny it.”
-GARRISON KEILLOR, AMERICAN WRITER
