Streeterville

Chicago’s Most Expensive Condo Being Constructed By Director George Lucas

7:45 am on April 26, 2024 By Cooper Billingsley

“Star Wars” creator George Lucas, have expanded his real estate portfolio with the purchase of a $11.2 million 66th-floor penthouse in Streeterville’s 800 N Michagan Avenue building from Citadel founder Ken Griffin. They plan to merge this penthouse with their existing 65th-floor condo, bought in 2015 for $18.75 million, to create a 16,000-square-foot duplex penthouse. The total cost for this project is estimated at $33.5 million, setting a new record for Chicago’s most expensive condo. Architect Scott Fortman of Gibbons, Fortman & Associates is overseeing the design, which includes adding two new interior staircases and upgrading electrical and mechanical systems as reported by the Chicago Tribune.

Photos Show Concrete Pour for 400 Lake Shore Drive in Streeterville

7:45 am on March 6, 2024 By Jack Crawford

The construction of 400 Lake Shore Drive in Streeterville has recently advanced with a significant concrete pour, involving 250 truckloads delivering nine million pounds of concrete. The 72-story, 858-foot-tall tower is currently the tallest building under construction in the city and will be built on the site of the canceled Chicago Spire project. This first phase of a dual-skyscraper development by Related Midwest will span 1.1 million square feet and house 635 apartments, including 127 affordable housing units. Skidmore, Owings & Merrill’s Chicago office is leading the building’s design, with input from architect David Childs and the interior design by MAWD. The exterior features an interpretation of the iconic “Chicago Window” and incorporates a metal and glass facade with various setbacks, resulting in a distinctive sail-like shape.

150 E Ontario Street. Rendering by Lucien LaGrange Studio

Facade Nears Completion for RIU Plaza Hotel at 150 E Ontario Street in Streeterville

7:45 am on February 26, 2024 By Jack Crawford

With much of the remaining work now at the base, The Prime Group is finalizing the construction of a 28-story hotel located at 150 E Ontario Street in the Streeterville neighborhood. This building, a part of the RIU Hotels and Resorts group, is 345 feet tall and includes 388 guest rooms. On the ground floor will be a lobby and a cafe situated at the southeast corner, while the second level will house a dining room for guests.

The Saint Grand Wraps Up Facade Work in Streeterville

7:45 am on February 23, 2024 By Jack Crawford

The construction of The Saint Grand, a 21-story mixed-use building at 218 E Grand Avenue in Streeterville, is nearing completion of its facade. The project, a collaboration between Mavrek Development, GW Properties, Luxury Living, and Double Eagle Development, encompasses residential, office, and retail spaces.

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.

Residential Conversion Announced For 201 E Delaware Place In Streeterville

7:30 am on December 27, 2023 By Ian Achong

Initial details have been revealed for the residential conversion of 201 E Delaware Place in Streeterville. Located on the corner with N Mies Van Der Rohe Way directly behind the John Hancock Center, the building was formerly the home of the Raffaello Hotel and most recently the Gale Hotel. The conversion is being proposed by a venture led by Florida-based Pebb Capital.

RIU Plaza Takes Sixth-Place In Year-End Countdown

7:45 am on December 26, 2023 By Ian Achong

Taking the sixth place in this year’s countdown is the RIU Plaza Hotel Chicago at 150 E Ontario Street in Streeterville. Located just east of the intersection with N Michigan Avenue, the project came in ninth place in last year’s countdown as it replaced an empty lot. Developer The Prime Group worked with local architecture firm Lucien LaGrange Studio on the hotel which will be operated by Spain-based RIU Hotels.

The Saint Grand Finalizes Construction at #12 in Year-End Countdown

7:45 am on December 20, 2023 By Jack Crawford

The Saint Grand, ranked as the 12th project in our yearly countdown of the tallest construction projects, is nearing the completion of its facade construction at 218 E Grand Avenue in Streeterville. This 21-story mixed-use building is a collaboration between Mavrek Development, GW Properties, Luxury Living, and Double Eagle Development, offering 248 residential units, 45,000 square feet of office space, and 7,500 square feet for retail purposes. NORR designed the 238-foot structure, characterized by its modern facade of dark metal and glass and distinctive columns of protruding glass balconies.

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.

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