Lawrence Okrent, Okrent Associates
Downtown Chicago, where the Chicago River meets Lake Michigan
28-acre Master Planned Mixed-use Community
28-acre master plan calling for:
40% open space including a 6-acre botanical park
2.2 million gross square feet of commercial space
1,500 hotel rooms
Up to 770,000 square feet of retail, including a 100,000 square foot Village Market Center
Planned Elementary School
Skidmore, Owings & Merrill (Master Plan)
Loewenberg Architects (The Lancaster, The Shoreham, The Tides)
DeStefano + Partners (The Regatta, The Chandler)
Solomon Cordwell Buenz & Associates (340 on the Park)
The Steinberg Group (The Parkhomes at Lakeshore East)
The Office of James Burnett (The Park at Lakeshore East)
Site Design Group (The Park at Lakeshore East)
Studio Gang Architects (Aqua)
bKL Architecture (Coast & GEMS World Academy)
Status: Planned for 2016
Rising in the heart of downtown Chicago, steps from such world-class attractions as Michigan Avenue, Navy Pier and Millennium Park, Lakeshore East spans 28 acres, one of the largest parcels of downtown land under development in a major U.S. city. This $4 billion mixed-use development in the rapidly growing New East Side incorporates all the elements of a traditional city community, a lifestyle center that includes homes, retail, recreational opportunities and amenities such as a lush 6-acre public park and a planned elementary school.
Lakeshore East has received several awards, including a National Honor Award for excellence in urban design from the American Institute of Architects (AIA) for its master plan as well as the FIABCI Prix d’Excellence International Award.
Prior to its transformation to the most vibrant new community in Chicago, the Lakeshore East site has served as a transshipment port serving Chicago's growing economy in the mid 19th century, an Illinois Central railroad freight yard and terminus and, most recently, a par-3, nine-hole urban golf course.
Lakeshore East is a preview of the future, a mixed-use development where people can live, work, shop, eat and pursue whatever interests them without having to get into a car. The plan that completes the ambitious Illinois Center development allows for the construction of up to 4,950 residences, a magnificent 6-acre public park, 2.2 million gross square feet of commercial space, 1,500 hotel rooms, 400,000 square feet of retail space and a proposed charter elementary school.
Some 40 percent of the site will remain vibrant open space. Among the many attractions of the Lakeshore East Park, include a children's play park, a gated dog park, a large open meadow, water fountains, ornamental gardens and extensive seating. The crown jewel of the community, it has been named the Best New Park in Chicago by Chicago magazine and the City's Best New Open Space by The Friends of Downtown.
Residential developments at Lakeshore East currently include nine completed buildings:
The Lancaster a 29-story condominium building
The Shoreham a 46-story apartment tower
The Regatta a 44-story condominium building
340 on the Park a 62-story condominium building
The Chandler a 35-story condominium building
The Tides a 51-story apartment tower
Aqua a mixed-use project featuring a Radisson Blu Hotel, condos, townhomes, apartments, and retail
Benton Place Parkhomes 25 townhomes
Coast a 46-story apartment tower
Village Market, a 105,000 square foot retail center featuring Mariano's grocery store, III Forks Steakhouse, Eggy's Diner and other shopping and dining retailers
2010 AIA Illinois Daniel Burnham Honor Award, Lakeshore East
2008 FIABCI (International Real Estate Federation) Prix d’Excellence Award
2007 Greater North Michigan Avenue Association, Development of the Year
2002 American Institute of Architects, Planned Community Award