400 N Lake Shore Drive

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

7:45 am on January 18, 2024 By Ian Achong

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.

400 N Lake Shore Drive Earns Top Spot in 2023 Countdown

7:45 am on December 31, 2023 By Jack Crawford

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.

Caisson Permits Issued For 462 E North Water Street In Streeterville

7:00 am on December 14, 2023 By Max Gillespie

Permits have been issued for placement of caissons for 462 E North Water Street, a new 72-story residential high-rise in Streeterville. The project, also known as 400 N Lake Shore Drive, will be spearheaded by RMW Acquisition Company LLC, based in New York. Permits for caisson placement were issued on December 6, following an extensive 630-day review period.

400 N Lake Shore Drive. Rendering by SOM

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

7:45 am on October 14, 2023 By Ian Achong

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.

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

7:45 am on July 25, 2023 By Ian Achong

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.

Dead by Design #6: The Chicago Spire in Streeterville

7:45 am on October 9, 2022 By Jack Crawford

As the sixth entry in our Dead by Design series, the Chicago Spire was a proposed 150-story “megatall” skyscraper that was to be located at the mouth of the Chicago River in Streeterville. At 2,000 feet in height, it would have been the tallest building in the United States and the third-tallest building in the world (soon to be fourth with the incoming completion of Merdeka 118 in Kuala Lumpur).

Potential Groundbreaking Date Announced For 400 N Lake Shore Drive In Streeterville

7:45 am on April 9, 2022 By Ian Achong

A potential groundbreaking date has been revealed for the residential towers at 400 N Lake Shore Drive in Streeterville. Located on the long vacant site of the failed Chicago Spire development, the two new towers would partially utilize the foundation hole left by the Spire and provide a cap to the Ogden Slip. Developer Related Midwest who is also behind The 78 near the South Loop is working with globally famous skyscraper firm Skidmore Owings & Merrill on the design, the firm responsible for a number of Chicago’s major skyscrapers.

Designers Selected For DuSable Park In Streeterville

7:30 am on March 16, 2022 By Ian Achong

The Chicago Park District has selected the design firms to proceed with the design of the long-stalled DuSable Park at 401 N DuSable Lake Shore Drive in Streeterville. Located just east of the drive adjacent to the site that was to house the Chicago Spire, the project is moving forward with the Park District selecting a joint venture between Ross Barney Architects and Brook Architecture to work on the design of the 3.5-acre park.

Approved 400 N Lake Shore Drive Development Breaks Into Top 5 in Chicago’s Tallest Developments Countdown

7:45 am on December 27, 2020 By Lukas Kugler

The approved two-tower development at 400 N Lake Shore Drive breaks into the top five in Chicago’s tallest developments countdown. Located on the former Chicago Spire site, the lot is bound by the Chicago River to the south and Lake Shore Drive to the east. Both the Zoning Committee and Chicago City Council have approved the updated plans for the project at 400 N Lake Shore Drive in Streeterville, allowing it to move forward. Related Midwest is developing 400 N Lake Shore Drive.

SOM’s Two-Tower Development Approved for 400 N Lake Shore Drive in Streeterville

7:45 am on September 4, 2020 By Lukas Kugler

Both the Zoning Ordinance Administration and City Council have approved the updated plans for a new development at 400 N Lake Shore Drive in Streeterville allowing the project to move forward. The newest proposal comes after multiple years of negotiations between the developer Related Midwest and city officials.

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