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.
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.
Renovation work has completed for the Lake Meadows Pavilion at 467 E 31st Street in Bronzeville. The newly-modernized building, owned and originally built by Draper & Kramer, has evolved from its initial role as the Lake Meadows Professional Building to what will now be open office layout.
Shapack Partners has received a demolition permit clearing the way for a 29-story mixed-use development at 1353 W Fulton Street. The tower, set to be constructed near the western edge of Fulton Market, will take the place of the current single-story building at 224 N Ada Street. Programming will yield 308 residential units, ground-floor retail, and both resident- and public-facing amenity spaces.
Site preparation can be seen for the Bronzeville Lakefront megadevelopment, led by the development coalition known GRIT Chicago. The $3.8 billion mixed-use redevelopment of the historic site of the former Michael Reese Hospital is a collaboration between local firms Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and the Bronzeville Community Development Partnership.