Related Midwest hosted a groundbreaking ceremony on Monday, June 17, at the construction site of 400 Lake Shore, their new two-tower residential development in Streeterville. Repurposing the former Chicago Spire site, the 72-story North Tower is currently under construction; the South Tower will follow. The North Tower will deliver 635 residential units, with 20% of them set aside as affordable.
Roosevelt Square Phase 3B, a 67-unit apartment building from the Chicago Housing Authority and Related Midwest, has topped out in the Little Italy neighborhood. Located at 1002 S Racine Avenue, the six-story building has its windows in place and is now awaiting the start of exterior cladding.
The Chicago Spire cofferdam, idle since 2008 after the 150-story skyscraper’s construction came to a halt, is getting a bit of a hair cut. Thanks to 400 Lake Shore, the 72-story residential tower now being built on the site, the top “ring” of the cofferdam is being excavated and removed as part of the new tower’s foundation.
Two residential construction projects in Chicago, 220 North Ada in Fulton Market and 400 Lake Shore in Streeterville, erected tower cranes on their respective job sites last week. The two new cranes mark the 10th and 11th to operate in the city in the month of May.
Initial details and funding have been revealed for the second phase of the Lathrop Homes redevelopment situated around 2712 N Hoyne Avenue on the river. Located west of the triple intersection of N Damen Avenue, N Clybourn Avenue, and W Diversey Parkway, this extensive development has been in progress for several years under the Chicago Housing Authority (CHA), in collaboration with Related Midwest and Bickerdike Redevelopment Corp.
