Capitol Ferris wheel at the National Harbor in Maryland.

There is a new 175 foot tall Ferris wheel being built at the National Harbor. The wheel is made by Chance Rides and has 42 cars.
http://nationalharbor.com/capitalwheel/

Size: 175 Feet Tall (diameter of wheel is 165 feet)
Visible from the Top of the Observation Wheel: Washington Monument, U.S. Capitol, Alexandria, Prince George??????s County
Number of Climate-Controlled Gondolas: 42 (including 1 VIP Gondola)
Maximum Number of Passengers: 336 (8 per Gondola)
Price (estimated): $15 per ride (VIP Gondola will cost more)
Hours of Operation (estimated): 10 a.m. to 10 p.m., year-round
Ride Speed: 1.5 rotations per minute
Lighting: 1.6 million LED lights, fully programmable, with a spectrum of 16.7 million colors
Concessions: Wolfgang Puck Catering will operate concessions, and the Observation Wheel will be available for private party rental.
Other Cities with Observation Wheels: London, Seattle, Niagara Falls, Brisbane, Perth, Cape Town, Johannesburg, Malacca Island, Pigeon Forge and Myrtle Beach.
Manufacturer: Chance Rides, Wichita, Kansas
Architect: Brown Craig Turner, Baltimore, Maryland
Construction Manager / General Contractor: Cianbro
Scheduled Opening Date: May 2014

As you see the ride construction has gone vertical.