Santiago Calatrava's much maligned design for the Chicago Spire has finally met its end, thanks to a lapsed payment deadline from the site's developer, Grant Kelleher. The project, which would have been the tallest building in the USA, began construction in 2007 but was halted at the onset of the global financial crisis, leaving nothing more than a large hole in the ground for over six years.
Despite numerous attempts to revive the Spire, Grant Kelleher's Shelbourne Development Group never overcame its financial troubles. Shelbourne Development Group and its partner Atlas Apartment Holdings received a court order to pay $22 million to one of their creditors, Related Midwest, who had bought $93 million worth of debt from the project. However, the Chicago Tribune reports that within minutes of the October 31st deadline lapsing with no sign of payment, Related Midwest filed papers in a Chicago court requiring that the deeds for the property be passed to them.