It's beginning to consider as if p...

It's beginning to consider as if plans by developer Miglin-Beitler to put together the world's tallest building may not at any time get off the territory
The Chicago developer confirmed reports that Mellon Bank Corp. of Pittsburgh has begun foreclosure proceedings forward the project's site, located in Chicago's link
However, Miglin-Beitler spokesman Mark Jarasek added that the company is negotiating with Mellon for an extension of its $25 million loan, which was used to acquire the site. "We have not abandoned this project" he said. "When capital markets improve and the