The City of Chicago issued a full building permit on August 6 to allow the 400 Lake Shore North Tower to continue construction through full height. The 72-story residential skyscraper from Related Midwest can now maintain progress unabated in Streeterville, as the concrete core continues its rise above the old Chicago Spire Cofferdam, and the replacement ramp from Lake Shore Drive takes form. There is also an incredible amount of excavation still ongoing at the site.
Related’s construction arm, LR Contracting, and their building partner Bowa Construction, have been teaming up with concrete contractor Goebel Forming to bring SOM’s creation to life, more than 15 years after Santiago Calatrava’s Spire dream faded away. The North Tower is expected to open to residents in 2027. This construction phase includes a joint effort with the Chicago Park District to develop the 3.3-acre DuSable Park, just opposite the residential site across DuSable Lake Shore Drive.
Pending permits to come for 400 Lake Shore include a pair of construction hoists, designated on separate permits as the “northwest hoist” and the “south hoist.” There will also need to be a series of tower-crane jumps, although those might be issued as a single permit.
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What are the odds the second tower happens ?
I have nothing but a gut feeling on this, but I think pretty high, unless you know who takes the Presidency…then who knows what will happen on anything.
I feel like the fact that the second NEMA tower never happened even though the first appeared successful (no idea on the actual details) makes me worry a bit! But im optimistic that the super high visibility will increase the developers and city’s incentive to make it happen
Excited to see this go up!!
Do we know if phase 1 is fully funded? Like all the money is there in a box that nobody can touch just to pay for the first tower and park to be completed no matter what???
Related Midwest got a $500 million construction loan, but I cant attest to whether it’s “fully funded.”
I am truly thrilled!!!! I have waited 15 years for that massive hole to be filled!!!
I Can’t wait until it’s really underway!
Why not building both at the same time, in parallel? That’s what they do overseas, very common… not enough money?
… Or let’s hope that the second one gets built! There are many skyscrapers in Atlanta where the renderings had shown two or more towers working in cohesion with each other but only one tower ever gets built, creating an out-of-balance “sore thumb”. One example in particular at Lenox Square shares a similar design to 400 Lake Shore and needed its second tower to reflect the first!
If the 2nd tower gets built they will come and stay