The project would still have to win approval by city zoning. "If you have an opportunity to get a protected lake view with no obstructions in front of it, I mean to me that's great as opposed to having to move up north," Springer said. Construction is booming in the Lakeshore East area, a quiet oasis near. There remains some additional tweaks they will have to happen here."Ĭynthia Springer said she's already eyeing the potential project and considering a move across the street. CHICAGO (WLS) - Revised plans to build three skyscrapers on Chicago's lakefront were unveiled at a meeting Wednesday night. "Last night we spent three-and-a-half hours with the neighbors going through their concerns. As a result, the developers scrapped a plan for a hotel and doubled the amount of green space they're proposing, but the project doesn't have his support quite yet. "I think I'd be concerned with maybe the traffic and the congestion in this area," said Lakeshore East resident Tami Anderson.Ī previous plan was rejected by 42nd Ward Alderman Brendan Reilly after concerns from residents about car and pedestrian traffic, security and accessible park space. ![]() The 80-story building would be one of the tallest along Lake Michigan. Lendlease Development, along with its partner Magellan Development Group, is proposing to build an 80, 50 and a 40-story building, adding 1,700 residential units to the growing neighborhood. Below are six proposed skyscrapers planned for construction in cities outside of New York. "I think that will be great to have Michigan and Lakeshore kinda connect there." I welcome all of it," said Lakeshore East resident Chris Hauer. Vista Tower will climb 101 stories when it's finished and now a revised proposal to add three more skyscrapers is being unveiled. If that’s too high a price, consider a $2 million unit instead.Revised plans to build three skyscrapers on Chicago's lakefront were unveiled at a meeting Wednesday night.ĬHICAGO (WLS) - Revised plans to build three skyscrapers on Chicago's lakefront were unveiled at a meeting Wednesday night.Ĭonstruction is booming in the Lakeshore East area, a quiet oasis near the Chicago River and Lake Michigan. At least one unit is going for nearly $6 million, so be prepared for a hefty downpayment, according to a Gold Coast Realty posting cited by Axios. ![]() If you’re on the lookout for a flashy new crib, don’t miss the luxury condo building going up in the West Loop at the northwest corner of Morgan and Madison streets.The project was originally conceived in 2014 and is part of the Invest South/West Initiative. Watch for progress at United Yards, a $51.5 million multi-use development that will bring a 50-unit affordable housing building to a vacant lot in the Back of the Yards neighborhood.Support for the mega-development almost petered out once before. Construction could begin later this year. The developers have asked for $6.5 billion of subsidies for the undertaking, which would include a new train station near Soldier Field, according to the Chicago Sun-Times. A considerable amount of public dollars hang in the balance of the One Central project. ![]() It’s the biggest development in Chicago history, according to Axios. The South Side equivalent to Lincoln Yards development is the $7 billion “The 78” project, so-dubbed because it will be large enough to be considered Chicago’s 78th neighborhood.The first should be an eight-story riverfront building for creative office space and a medical center. Construction of the $6 billion Lincoln Yards project started in late 2021 and buildings could begin to take shape this year. Before the great recession, in 2007 there was a groundbreaking for what was meant to be the Chicago Spire, a 2,000-feet tall, twisted skyscraper.Here are some of the major projects to eye in the coming year, as reported by Axios Chicago: Big changes are coming to Chicago this year, including developments in the city’s North and South Sides that will dramatically change the landscape.
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