This week, the 37-story apartment tower known as Cascade and the adjacent Cascade Park both officially opened in Chicago’s Lakeshore Eastc neighborhood. Lendlease and Magellan have co-developed the overall project, which includes Cascade tower, a taller 47-story condominium tower known as Cirrus, and the public Cascade Park located at the foot of the towers.
Work on the new 0.8-acre Cascade Park is wrapping up as part of Lendlease and Magellan Development Group‘s Cirrus & Cascade masterplan in Lakeshore East. While the park is to be privately owned and maintained, it will be open to both residents and the public. The park slopes downward from west to east, connecting the elevated N Harbor Drive to the lower lakefront level.
Final interior and landscaping work is underway at the 19-story 800 W Fulton Market, aka 800 Fulton, one of Fulton Market‘s most distinctive new office blocks. Thor Equities has developed the nearly half million-square-foot edifice alongside joint venture partner QuadReal.
Caisson work has kicked off for The Reed, a 41-story residential tower along the river in South Loop. Situated at 234 W Polk Street, the 447-foot-tall structure serves as the second phase of a larger five-building development by Lendlease known as Southbank. This masterplan was formerly occupied by a large grass parcel that had long been vacant. Underneath this land were a series of freight tunnels that have undergone a sealing process over the past few months, thereby allowing The Reed to proceed.
Construction is nearing completion for Cirrus and Cascade, two residential towers rising at 211 N Harbor Drive and 455 E Waterside Drive, respectively, in Lakeshore East. Developers Magellan and Lendlease have co-planned the project, which occupies Parcels J, K, and L within the original Lakeshore East masterplan.
