Lakeshore East is a master-planned mixed use urban development being built by the Magellan Development Group in the Loop community area of Chicago in Cook County, Illinois, United States. It is located in the northeastern part of the Loop, which, along with Illinois Center, is called the New Eastside. The development is bordered by Wacker Drive to the north, Columbus Drive to the west, Lake Shore Drive to the east, and East Randolph Street to the south. Skidmore, Owings & Merrill created the master plan for the area. The development, which had been scheduled for completion in 2011, was set for completion in 2013 by 2008. Development continued with revised plans for more buildings in 2018 and continuing construction of the Vista Tower in 2019.

Although the majority of the buildings in the neighborhood will be 21st century constructions resulting from the master plan, some of the current buildings were built as early as the 1960s and 1970s decades. Thus, the term "Lakeshore East" refers only to the components of the new master plan, while the term New Eastside refers to the greater neighborhood surrounding Lakeshore East that extends westward to Michigan Avenue. In the 1960s, Illinois Center near Michigan Avenue was developed. There is little formal distinction between buildings in the masterplan and other buildings in the neighborhood because the pre-existing buildings are referred to as being located in the Lakeshore East area.

Lakeshore East features several of the tallest buildings in Chicago and may include a few of the tallest buildings in the United States. The overall planned development, the park, and several of the individual buildings have won awards for architecture and/or urban planning. The buildings are planned for various types of residential use (condominiums, apartments, or hotels). Due to the neighborhood's proximity to both Lake Michigan to the east and the Chicago River to the north, many of the buildings are named with aquatic or nautical themes. As of August 2008, 1,500 condominiums have been sold and 1,200 apartments have been completed.

History

Previous to this urban development, the Lakeshore East area had been used by Illinois Central Railroad yards. After World War II, the railroads sold airspace rights north of Randolph Street. For several years after the rail yards were vacated, the site was used as a 9-hole golf course. Pete Dye designed the course, known as Metro Golf at Illinois Center, which was completed in 1994 and closed in 2001. The area was originally planned for development as part of the Illinois Center, and one of the challenges to the new development was to integrate itself into the inherited triple-level street system while creating a visually appealing and pedestrian friendly neighborhood. The solution was to stagger ground-level amenities and building entrances from the upper level at the perimeter to the lower level at the interior. Thus the multilevel street grid is utilized around the edges, with large parking structures in the podiums, while a large park at the lowest level forms the core of the development. When the redevelopment was planned in 2001 and commenced in 2002, completion was anticipated to happen in 2013.

The following buildings pre-existed the 21st century master plan for the neighborhood: Blue Cross Blue Shield Tower, Three Illinois Center, Swissôtel Chicago, Buckingham Plaza, The Parkshore, North Harbor Tower, 400 East Randolph Street Condominiums and Harbor Point. A 27-floor vertical expansion of the Blue Cross Blue Shield Tower was completed in 2010. When Harbor Point and 400 East Randolph were built, Lake Shore Drive ran through this neighborhood to the west of these buildings, but it has since been rerouted to the east of these buildings.

Buildings in the development have featured new segments of pedway. These have been integrated into the Chicago Pedway system, segments of which have formally existed since 1951. The pedway system provides connections between public and private buildings, Chicago Transit Authority stations and Metra commuter rail facilities. The pedway has generated controversy among Lakeshore East residents due to segments of promised pedway which have not been constructed. The archives available on the NewEastside.org website show numerous plans and unfulfilled promise regarding connecting the pedway to most of the New Eastside. Among developers' unfulfilled promises regarding the pedway is promises dating as far back as the 1990s that the development would feature the construction of a full pedway link to Buckingham Plaza and North Harbor Tower.

The 4, 6 and 60 CTA bus routes run along the borders of the Lakeshore East area, and the 60 makes a turnaround within it on Harbor Drive.

Overview This $4 billion lifestyle center spans , and will include 4,950 residences, of gross commercial space, 1,500 hotel rooms, of retail space and a planned elementary school surrounding a magnificent botanical park. The plan, which had Adrian Smith as the design partner, calls for fourteen high-rise condominiums and two commercial officespace superstructures. Lakeshore East is within walking distance to the Chicago River, Lake Michigan, DuSable Harbor, Michigan Avenue, Grant Park, and Millennium Park.

The park, named Lakeshore East Park, opened in 2005 and is supported by a mixture of public funds from the Chicago Park District and private funds from the neighboring Lakeshore East condominium buildings. It is the city's first and currently only free Wireless park. The park features several fountains. The park is dog friendly and also home to a dog park where dogs can be let off leash.

The Lancaster (completed in 2005) was Lakeshore East's first new completed building. The Shoreham (2005) was Lakeshore East's first completed apartment building. 340 on the Park (2007) was briefly the tallest all-residential building in Chicago, but was surpassed by One Museum Park. Aqua (2009) is the first skyscraper in Chicago to combine condominium residences, luxury rentals, deluxe hotel and retail spaces in the same structure and it is believed to be the tallest building in the United States designed by a female-run architectural firm. The development has its own village center, named Village Market Center, which includes a full service supermarket. The other buildings completed in the first phase of development were The Regatta (2007), The Chandler (2008) and The Tides (2008) as well as the Benton Place Parkhomes townhouses (2009).

In 2011, construction began on Coast at Lakeshore East. Lease occupancies began in February 2013.

The St. Regis Chicago, a condominium/hotel combination that is now the third tallest building in Chicago, began construction in August 2016 and was completed in 2020.

Lakeshore East is a venture of Magellan Development Group LLC, a recently formed corporate partnership culminating a long-term collaboration between Magellan Development Group and NNP Residential & Development.

In 2017 revised plans were unveiled for remaining construction in the masterplan, but 42nd ward Alderman Brendan Reilly rejected them because of concerns about landscaping, security, minor traffic issues and building setbacks. They were revised in August 2018 to include buildings of 40, 50 and 80 storeys. The newly proposed plan would update and replace the 2001 masterplan. On mid-October 2018, the Chicago Plan Commission approved the plans that included a tower as one of four new towers. Chicago City Council approved the plans in an October 31 meeting.

All of the buildings in Lakeshore East are luxury condos and high-end apartment highrises. Many of them are named with an aquatic theme. In addition to the luxury skyscrapers, the development will include 24 ultra-luxury town homes in the $2 million price range.

Awards

The master plan won the 2002 American Institute of Architects National Honor Award for Regional and Urban Design. The park was honored as the Best New Park in Chicago by Chicago magazine and the city's Best New Open Space by the Friends of Downtown. The master plan, the park and several individual buildings have won numerous other awards.

In 2008, the International Real Estate Federation declared the Lakeshore East master plan the recipient of the FIABCI Prix D'Excellence international award. Lakeshore was the only United States winner for international design excellence.

Buildings

Name Address Completed Floors Heightft (m) Use 195 North Columbus 195 N. Columbus Drive Proposed 60 TBD 340 on the Park 340 E. Randolph Street 2007 64 Condominium/Retail 400 East Randolph 400 E. Randolph Street 1963 40 Condominium Aqua 225 N. Columbus Dr. 2009 82 Hotel/Apartment/Condominium Blue Cross Blue Shield Tower 300 E. Randolph Street 2010 54 Office Cascade 455 E. Waterside Drive 2021 37 Apartment Cirrus 211 N. Harbor Drive 2021 47 Condominium Coast at Lakeshore East 345 E. Wacker Drive 2013 45 Apartment GEMS World Academy 350 E. South Water Street 2014 9 School Harbor Point 155 N. Harbor Drive 1975 54 Condominium/Retail Lakeshore East I Tower 475 E. Wacker Drive Proposed 80 TBD North Harbor Tower 175 N. Harbor Drive 1988 55 Apartment Swissôtel Chicago 323 E. Wacker Drive 1989 45 Hotel The Buckingham 360 E. Randolph Street 1982 44 Condominium The Chandler 450 E. Waterside Drive 2008 36 Condominium The Lancaster 201 N. Westshore Drive 2005 30 Condominium The Parkshore 195 N. Harbor Drive 1991 56 Condominium The Regatta 420 E. Waterside Drive 2007 45 Condominium The Shoreham 400 E. South Water Street 2005 47 Apartment/Retail The Tides 360 E. South Water Street 2008 51 Apartment Three Illinois Center 303 E. Wacker Drive 1979 28 Office St. Regis Chicago 375 E. Wacker Drive 2020 93 Hotel/Condominium

Notes

External links

Magellan Development Group

City of Chicago Loop Community Map