Four residential/hotel projects proposed for Lakeshore East
Loop North News

Lakeshore East
Magellan Development Group

(Above) Map of area showing the two development sites shaded in red. Click on image to view larger version.

Four residential/hotel projects proposed for Lakeshore East

Proposal would add 2,040 residential units and 926 hotel rooms.

28-Jun-17 – Magellan Development Group is not finished with Lakeshore East. The company that built the 28-acre neighborhood wants to construct three more buildings – in the northeast corner of the neighborhood – containing as much as 1,400 residential units, 300 hotel rooms, and 30,000 square feet of retail space.

They are also looking at a parcel in the southwest corner, where they want to build up to 640 residential units and two hotels with as many as 626 rooms. Neighbors of these building would include the 94-story Vista Tower and the 86-story Aqua.

A meeting, open to the public, is scheduled for July 10, at which representatives of the developer and the construction company, Lendlease, will present their plans and answer questions. The meeting is hosted by 42nd Ward Alderman Brendan Reilly and New Eastside Association of Residents.

Lakeshore East is one of the largest urban developments in the United States, with zoning approved for 4,950 homes, 1,500 hotel rooms, and about 700,000 square feet of retail space.

By Steven Dahlman | Loop North News | sdahlman@loopnorth.com

Published 28-Jun-17 10:11 PM

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