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West Wacker Drive: To Build or Not to Build Case Solution & Answer

In 1980, Thomas J. Klutznick, president of a development company based in Chicago, was asked whether to build a Class A building on a site outside the central second order loop or not. He had a promising design, but the economic conditions, the simultaneous construction boom in other locations in downtown Chicago, and high interest rates suggested that it should think long and hard before committing the resources of the company in this speculative business .
by
A. Eugene Kohn
Source: Harvard Business School
16 pages.
Date Posted: December 19, 2006. Prod #: 207028-PDF-ENG
West Wacker Drive: to build or not to build? Case Solution

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