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New CTA station, covered Metra tracks for Related’s riverfront Mega Development

June 16th, 2018

After breaking cover in October, the massive 62-acre development known as ‘The 78’ was the topic of a formal community meeting on Thursday evening. Presentations from developer Related Midwest and architectural master planner Skidmore, Owings & Merrill outlined new details of the plan to transform the vacant riverfront parcel between Chicago’s South Loop and Chinatown into a new mixed-use neighborhood. Expected to take two decades and more than $5 billion to complete, The 78 is one of the largest single developments in the city’s history. Here are some key takeaways […]

400 Lake Shore Drive development - the 78

First look at two-tower plan for Spire site: ‘There will not be a shot of Chicago that doesn’t have these buildings in them’

June 13th, 2018

More than three years after taking title to the land where the audacious Chicago Spire was once envisioned, and more than two years after soliciting designs from a half-dozen architecture firms, Related Midwest on Tuesday unveiled a bold plan for the waterfront site. The long-awaited vision for the 2.2-acre site along the Chicago River and Lake Michigan, unveiled in the first community meeting for the project, is toned down a bit from the 2,000-foot-tall Spire plan that stirred emotions but never advanced beyond a 76-foot-deep foundation hole. The design, by […]

First look at two-tower plan for Spire site, 400 Lake Shore Drive

A Bold New Vision: Related Midwest Unveils Plans for a New Waterfront Site Along Chicago River

June 12th, 2018

Related Midwest Unveils Plans for 400 Lake Shore Drive It was nearly four years ago that Related Midwest took title to the land where the Chicago Spire was once destined. Earlier this month, the developer unveiled its visionary plans for the 2.2 acre run along the Chicago River and Lake Michigan, at the first community meeting dedicated to the project. “There will not be a shot of Chicago that doesn’t have these buildings in them.” – Curt Bailey, Related Midwest President A First Look. The development, which is now referred […]

a view from the top 400 lake shore drive Chicago 60611

MAKING WAY FOR “THE 78”: The largest single development in Chicago’s History.

June 8th, 2018

The development was the topic of a formal community meeting this month, where developer Related Midwest and architectural master planner Skidmore, Owings & Merrill, presented new details of their plan to transform the vacant riverfront parcel between the South Loop and Chinatown, into an historic, mixed-use, 24 hour neighborhood. One of the first questions came from a local resident, curious about the origin of the developments name, The 78. It is the brainchild of Related’s marketing team, and is based on the simple fact that Chicago has 77 recognized neighborhoods. […]

MAKING WAY FOR “THE 78” - Chicago Development

Chicago Real Estate Market: 2018 real estate forecast

March 26th, 2018

“Senior vice president and managing broker of Related Realty, Patrick Ryan – Related Realty, spoke with Crain’s Chicago Business to discuss what he believes the new year will bring for the Chicago real estate market”. Full article from Chicagobusiness.com: 2018 real estate forecast: foggy, lukewarm Chicago Real Estate Market Going into 2018, Chicago-area homebuyers and sellers will be contending with both national and local headwinds that, may make for a tepid real estate market: not so hot, but not ice-cold, either, according to the experts Crain’s consulted. “Our market isn’t going to be sexy—it never […]

Chicago Real Estate Market
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