(Above) Rendering of 400 Lake Shore Drive. Images by Noe & Associates/Boundary and obtained from Related Midwest. (Click on images to view larger versions.)
17-May-18 The latest idea of what to do with the old Chicago Spire site is to build two slender towers, including the fifth tallest in Chicago.
400 Lake Shore Drive would include a 1,100-foot tower containing 300 condominium units and a 175-room hotel, and an 850-foot tower with 550 rental units.
||A new walkway (left) would pass under Lake Shore Drive and connect to the lakefront.
Related Midwest unveiled the design on Tuesday at a community meeting hosted by Streeterville Organization of Active Residents and 42nd Ward Alderman Brendan Reilly.
The proposed sister towers...are not only beautiful, but buildable, said Curt Bailey, president of Related Midwest. Their positioning on the site will maximize lake, river, and city views while transforming the eastern end of Chicagos skyline.
At the base of the towers, which are at an angle to each other, would be a four-story structure containing residential and hotel amenities. Landscaping would include five acres of green space, accessible to the public.
The project still needs zoning approval by the city and, reportedly, financing, but if approved, would create about 2,950 jobs, according to Related Midwest. The Chicago-based company says it would also donate $10 million toward completion of the 3.3-acre DuSable Park, located east of Lake Shore Drive.