An infamous site has new development life after developers returned to the public with a revised project proposal.
"Related Midwest hopes to start a $1 billion project to erect two skyline-changing apartment towers on the former Chicago Spire site by early next year, after revising plans to assuage neighbors," reports Ryan Ori.
The project, slated for construction at 400 Lake Shore Drive, will rise above a hole in the ground—the only sign of the failed Spire development, designed by Santiago Calatrave that ceased construction in TK.
Related Midwest's plans for the site already succumbed to local opposition once, and the revised proposal represent an attempt to win support from project opponents.
"In the revised plan for the site along Lake Michigan and the Chicago River, Related Midwest proposes towers rising 875 and 765 feet, with 1,100 combined apartments. Those heights were chopped from a previously proposed 1,100 and 850 feet," according to Ori.
FULL STORY: Related Midwest eyes early 2021 start for two-tower, $1 billion project on former Chicago Spire site
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HUD's Office of Policy Development and Research
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