A group of union pension funds _ eager to provide work for union workers _ are in talks to loan $170 million to Irish developer Shelbourne Development Group so construction of the twisting 2,000-foot-high Chicago Spire can resume as soon as early next year….money would come from an AFL-CIO pension fund and Union Life Insurance Co., and perhaps pension funds from various locals…..We were interested in funding part of the Olympic Village," he said. But when the city lost the games, "This (the Spire) jumped into first place as a project we focused on."
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www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/12/08/financial/f152636S07.DTL&type=realestate
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