Chicago Hopes Life Imitates Art
I watched Chicago’s Cool Globes exhibit rise slowly over the past few months — from its installation to being surrounded by gawking tourists — because I run almost daily along the lakefront area where they’re on display. And, for weeks, I was confused. I didn’t see any signs; I didn’t see any articles about it; all I saw? Giant globes (whose bases I tripped over on a regular basis.) Summer outdoor displays are a rich tradition in Chicago. Since the 1999 cow show, in which more than 300 life-sized decorated cow statues were placed downtown, we’ve had other giant art…
Residential Industry Pushes “Pause” on the Condo Market
Although some reports have suggested condos are faring better than most residential projects in the housing slump, a recent Washington Post article says nearly 20,000 condo units in the past 12 months have been removed from the construction schedule in the DC area alone — disheartening news. Also discouraging: Developers have abandoned plans for 22 local condo projects, the Post reported. That’s not exclusive to Washington. * Charleston, S.C. has seen a number of housing projects stall. Housing 2000 Inc. put its 314-unit Daniel Island project on hold, partly due to market forces, president Fred Morgan told the…
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