Chicago Magazine Features Some Pretty Unique Ideas for the Chicago Spire Site

Posted by Helaine Cohen on Thursday, January 29th, 2015 at 10:53am.

Believe it or not, it’s been almost a decade since the Chicago Spire was first proposed, and after all this time, the only thing that came to materialize from the project is a giant hole that sinks 76 feet into the ground—a far cry from the massive Santiago Calatrava-designed high-rise that was supposed to rise 2,000 feet out of the ground and into the sky.

Despite a lack of progress on the prime piece of real estate over at 400 N. Lake Shore Drive, it’s hardly a project, or location, that’s been forgotten, however. Over the years, several attempts to resurrect the Chicago Spire have transpired, but all have ultimately failed due to complicated financing issues.

Today, Related Midwest currently holds control of the empty lot at 400 N. Lake Shore Drive, and the company previously stated it intends to build something that’s “architecturally significant” in it’s place, whenever that may be. The reality is that it could be years before we finally see whatever plans they may have for the Chicago Spire site come to fruition, but in the meantime, some prominent Chicago architects have offered some pretty unique ideas for the giant crater that sits alongside the lakefront, which were documented in a pretty awesome Chicago Magazine article earlier this week.

If you haven’t yet checked it out, we recommend you do so here.



Helaine Cohen, Chicago Real Estate Broker

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