High Quality Content by WIKIPEDIA articles! The Chicago Spire was a supertall skyscraper project in Chicago, Illinois, which was abandoned in 2008 with only its foundation work completed. The construction was halted after several years of on-going financing challenges, including the global recession that began in 2008.Anglo Irish Bank Corp., filed a $77 million foreclosure lawsuit against The Spire`s Irish developer Garrett Kelleher, claiming that loans made to Kelleher’s development company had been in default for a year. The bank was expected to take possession of the site where the Spire was to have been built.