The Burj Khalifa took five years to finish. But for Sky City, BSB will fabricate the parts offsite over four months and spend three months erecting the building on location, at a pace of five stories a day.
Once finished, Sky City’s 11 million square feet will host a school, a hospital, offices, and apartments and hotel rooms for 30,000 people. Residents can take one of 104 elevators or a six mile ramp curling around the interior to access courtyards with basketball, swimming, tennis, and theaters. The walls will provide 900,000 square feet of vertical farming space. It’s to be a skyscraper city.
Chinese Firm Gains Approval, Hype to Raise World’s Tallest Building in Only 90 Days
Illinois business: Ken Griffin calls Illinois tax incentives a form of cronyism
“The last election cycle I called a local CEO to talk to him about supporting a pro-business candidate … ,” Griffin, a billionaire and Republican hedge fund manager, told the Economic Club of Chicago. “And I asked straightforward and simple, and he said, ‘No. No. I’m not going write a check. You see, if Illinois is not hospitable to my business. We’re just going to move.’
“And then I learned what the word ‘hospitable’ meant. For a few weeks later, it was announced that his company received tens of millions of dollars in tax incentives. His silence was bought and paid for,” Griffin said.
via Illinois business: Ken Griffin calls Illinois tax incentives a form of cronyism – chicagotribune.com.
Five questions on the IRS mess
Do we want a personnel outcome, a political outcome, or a policy outcome? Is the right endgame simply that some IRS employees get fired? That the Obama administration gets embarrassed? Or is that Congress tightens the language governing who does and doesn’t qualify for 501(c)4 status so that the IRS doesn’t have so much discretion — and career employees don’t resort to these confused tactics — when reviewing applications? Note that if we go the legislative route, we could either widen the 501(c)4 designation, making it clear that political groups qualify, or we could narrow it, making it clear that they don’t.





