400 N Lake Shore Drive

Tower Crane Permit Issued for 400 N Lake Shore Drive As Financing Is Secured

Financing has been secured and the tower crane permit has now been issued for the first phase of 400 N Lake Shore Drive in Streeterville. The project was originally revealed in 2018 and has seen multiple revisions prior to now, with the new tower replacing the long-term vacant site and hole left behind by the Chicago Spire. The two-phase development is being led by Related Midwest with architecture-firm SOM working on its design.

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400 N Lake Shore Drive, by SOM

400 N Lake Shore Drive Earns Top Spot in 2023 Countdown

With site mobilization now in progress, 400 N Lake Shore Drive ranks as Chicago’s tallest construction project in 2023. This phase, while preliminary, marks the resumption of construction activities on a site that lay dormant after the abandonment of the previously planned 2,000-foot Chicago Spire. Now under development by Related Midwest, the Streeterville property is being transformed into two residential towers.

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400 Lake Shore. Rendering by SOM

Construction Logistics Meeting Announced For 400 N Lake Shore Drive In Streeterville

A community meeting has been announced to discuss the start of construction for 400 N Lake Shore Drive in Streeterville. Sitting atop of the former Spire site, the two-tower development has been in the works for many years. Most recently a financing meeting was held and now Alderman Reily is running the logistics meeting. The project is being led by Related Midwest who tapped architecture firm SOM for its design.

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400 Lake Shore. Rendering by SOM

Initial Financing Hearing Held For 400 N Lake Shore Drive In Streeterville

An initial public hearing was held for the potential financing of the first phase of the residential development at 400 N Lake Shore Drive in Streeterville. Held by the Illinois Housing Development Authority for the project under its formal address of 462 E North Water Street, the proposal looks to redevelop the long vacant site originally meant for the canceled Chicago Spire. Now developer Related Midwest appears to be resuming its work for their multi-phase plan designed by SOM.

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