Chicago development proposed to be the tallest tower in u.s.

Chicago is without doubt one of the greatest cities in the US and the world. In some ways like the UK’s Brighton, Chicago is unique, with its own systems, unwritten codes, and ways of doing things. Like almost every city, street, town, suburb and person in America, Chicago has lost some of its sheen to the financial crisis and cuts in public spending. But International Property Developers Inc plan on restoring a huge chunk of central Chicago to its former glory. They have just (July 21) filed plans for a new $3.5 billion development, which will include the tallest tower in the US.

The proposed 2000 foot (610 meters) would be taller than both the 1,729-foot Willis Tower, formerly known as Sears Tower, which is near the site of the new development, and the 1,776-foot 1 World Trade Centre being built in New York.

“It’s an incredible site,” said Martin Mulryan, the project manager on the development for International Property. “There’s no other opportunity like this in the U.S.”

To be sure, the development is nothing short of spectacular. When its 3 stages are completed in 10 years it will include:

· 6.2 million square feet of entertainment space, including retail and restaurants

· 4.1 million square feet of hotel space in 7,500 rooms

· 3.8 million square feet of residential space

· 2 million square feet of office space · 12,000 parking spaces, free for shoppers

Source: OverseasPropertyMall.com