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Tallest Tower Wins Plan Commission Approval

CHICAGO-The commission approved the design for the billion-dollar Chicago Spire, at 400 N. Lake Shore Dr.; now the plan goes to the city council.

By Gina Kenny | Updated on April 20, 2007

(Read more on the multifamily market.)

CHICAGO-Construction is expected to begin in six weeks on a 2,000-ft residential tower now that the Chicago Planning Commission has given the project the green light. On Thursday, the commission approved the design for the Chicago Spire, 400 N. Lake Shore Dr. The city zoning commission is expected to approve the project at its April 26 meeting, and the Chicago City Council is expected to approve the design May 9.

“There is every indication it will be approved. There was no opposition [and] the planning commission approved it unanimously,” says Tom Murphy, of Thomas J. Murphy PC, general counselor and spokesman for the Dublin-based Shelbourne Development Group Inc., the Spire developer.

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