400 Lake Shore

Last updated
400 Lake Shore
400 Lake Shore
General information
StatusUnder construction
TypeResidential
Location400 N. DuSable Lake Shore Drive
Chicago, Illinois 60611
United States
Coordinates 41°53′24″N87°36′54″W / 41.88987°N 87.61489°W / 41.88987; -87.61489
Construction started2024
Estimated completionTBA
Owner Related Midwest
Height
ArchitecturalNorth tower: 875 ft (267 m)
South tower: 765 ft (233 m)
Design and construction
Architect(s) Skidmore, Owings and Merrill
David Childs
Scott Duncan

400 Lake Shore is a building project in the Streeterville neighborhood of Chicago, on the site of the previously proposed Chicago Spire development. Its plan features two connected towers with a height of 875 feet (267 m) for the northern tower, and 765 feet (233 m) for the southern tower.

Contents

Related Midwest is developing the project and the lead designer is David Childs, of the architecture and urban planning firm Skidmore, Owings, and Merrill. [1] The project had undergone a number of revisions before its approval in 2020. Completion of the northern tower is scheduled for 2027. [2] An official ground breaking ceremony occurred June 2024. [3]

Background

Original plans for the site included the Santiago Calatrava-designed Chicago Spire, which would have been the second tallest building in the world at completion had it been built as planned. [4] The project, led by Garrett Kelleher of the Shelbourne Development Group, fell through as a result of financial difficulties during the Great Recession. In 2010, after many lawsuits against Kelleher and Shelbourne, courts handed control of the site to a receiver. [5]

In 2013, Ireland's National Asset Management Agency (NAMA) put the site up for sale, and Shelbourne sought a court-approved reorganization plan to continue the Spire project; Related Midwest was one of the creditors of the plan, and purchased the debt associated with the property in June. [6] In 2016, Shelbourne failed to make a required payment to Related Midwest, and after a lawsuit, Related was handed full control of the site. Related announced that they would not move forward with the Chicago Spire project. [7] [8]

Development

In 2016, two years after the site was handed to Related Midwest, architectural firm Gensler released conceptual renderings for the site, and dubbed their proposal the "Gateway Tower". [9] In December 2017, renders for the site by Zaha Hadid Architects were leaked, but Related Midwest denied these were the final designs for the site. [10]

In May 2018, Related released their first official plans for the site. The designs called for a two-tower complex, with a 1,100-foot (335 m) tower and an 850-foot (259 m) tower, featuring bay windows and terracotta cladding, and connected at ground level by a podium housing two restaurants and a ballroom. The towers were to contain 300 condominium units, 175 hotel rooms, and 500 rental apartments. The designs also included the revitalization of the adjacent, undeveloped Dusable Park. [1]

In October 2018, the office of Alderman Brendan Reilly disclosed that he had rejected the plans released in May because of various concerns with the development's potential impact on the neighborhood. Reilly objected to the inclusion of hotel rooms and the scale of the podium connecting the two buildings. [11] Without Reilly's approval, the project was unable to move forward. [11]

In February 2019, the Plan Commission voted in favor of granting Related an extension of zoning rights, to accommodate for time needed to revise the project's design. In June 2020, the Chicago City Council approved an updated design for the development. Adjustments to the design included height reductions for the towers: the north tower was reduced to 875 feet (267 m), and the south tower to 765 feet (233 m). Proposals for condominiums and a hotel were also scrapped, and the scale of the podium was reduced. [12] [13] Related Midwest began construction of the development in 2024, with the project's first tower to be completed in 2027, and including the build out of DuSable Park. [2] [14]

See also

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References

  1. 1 2 Kozlarz, Jay (16 May 2018). "Slender two-tower plan pitched for former Chicago Spire site". Curbed. Retrieved 22 August 2018.
  2. 1 2 Kugler, Lukas (2024-01-15). "Tower crane permit issued for 400 Lake Shore Drive". Urbanize Chicago. Retrieved 2024-01-17.
  3. ↑ Niland, Josh (18 June 2024). "SOM's 400 Lake Shore Drive officially breaks ground in Chicago". Archinect. Retrieved 23 June 2024.
  4. ↑ Kamin, Blair (26 July 2005). "Tallest tower to twist rivals". Sun Sentinel. Retrieved 22 August 2018.
  5. ↑ "Foreclosure Suit Ends Dream Of Spire". 2010-10-11. Retrieved 2021-07-12.
  6. ↑ "The saga of the Chicago Spire". Chicago Tribune. 13 March 2015. Retrieved 22 August 2018.
  7. ↑ Podmolik, Mary Ellen (3 November 2014). "Related to Spire developer: Where's the deed?". Chicago Tribune. Retrieved 22 August 2018.
  8. ↑ "It's official: The Chicago Spire is dead". Crain's Chicago Business. 2014-11-04. Retrieved 2021-07-12.
  9. ↑ "Gensler Devises a Megatall Replacement for the Chicago Spire Site". Archdaily.com. June 6, 2016. Retrieved June 9, 2016.
  10. ↑ Koziarz, Jay (29 December 2017). "Another conceptual rendering for the Chicago Spire site surfaces". Curbed. Retrieved 22 August 2018.
  11. 1 2 Kozlarz, Jay (22 October 2018). "Alderman pumps the brakes on Related's plan for former Chicago Spire site". Curbed. Retrieved 23 October 2018.
  12. ↑ "Related Midwest's double-tower Chicago Spire replacement scores city council approval". The Architect’s Newspaper. 2020-06-18. Retrieved 2021-07-12.
  13. ↑ Kamin, Blair. "Column: Two-tower plan for former Chicago Spire site moves a step closer to groundbreaking". chicagotribune.com. Retrieved 2021-07-12.
  14. ↑ "On failed Chicago Spire site, work begins to build massive 400 Lake Shore development". WBBM Newsradio. 2024-01-17. Retrieved 2024-01-18.
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