SOM

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

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.

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400 Lake Shore. Rendering by SOM

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

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.

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Demolition Permit Issued for 1353 W Fulton in Fulton Market

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.

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View of ARC Innovation Center at Bronzeville Lakefront Development Site. Rendering by GRIT Chicago

Equipment and Early Site Prep Spotted at Bronzeville Lakefront Megadevelopment

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.

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