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For a speculative venture such as Philadelphia, McCoubrey says gridded plots made it easier to sell property "sight unseen".
As a speculative venture in an embryonic field, it has little access to capital markets, traditional bank loans or federal grants.
The project under way at 360 Madison Avenue was intended as a speculative venture, with no attempt to sign tenants, except for the Bank of Tokyo Trust, beforehand.
They feel it it was set up as a speculative venture and are concerned about the costs arisen from start up and destruction.
Voluntary government assistance for war crimes tribunals is a speculative venture at best, and depends on so many unpredictable variables as years roll by that the original objective is sometimes forgotten.
John Law was a Scotsman who introduced 18th-century France both to paper currency and to irrational exuberance on a grand scale, through a speculative venture to colonize the Mississippi River basin.
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Richard Teitelbaum played live electronics against Mr. Parker in the second set, and it was a more speculative venture.
Few of the world's finance officials will shed any tears at the tapering off of the carry trade, a highly speculative venture that the Group of 7 has tried to discourage, at least rhetorically.
Though its own corporate filings warned that it was a "highly speculative" venture, people who got involved in it say they hoped it would ape the parent company's success.
So PwC let two massive financial institutions engage in a highly speculative venture - one possibly misleading the other - and raised no warning flags.
It is due to complete another tower block in April, which has few tenants, making this a far more speculative venture than past buildings.
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