Lakeshore East
Lendlease has partnered with Magellan Development Group, a Chicago residential developer, to develop a four-acre parcel of land situated at the intersection of the Chicago River and Lake Michigan.
As at 30 Jun 2022. Estimated project value, details and completion date reported in Lendlease Full Year Results, 30 June 2022. Figures in AUD.
Project vision
Considered the crown jewel of Chicago's Lakeshore East neighborhood, the site is programmed for a mixed-use masterplan development with three high-rise towers.
The project is planned to be completed over two phases: Phase I include Buildings J (Cirrus) and KL (Cascade), condominium and rental apartment towers, respectively. Phase 2 will include a residential tower of around 90 floors, potentially offering a hybrid of both rental and condominiums.
Cirrus: Offering impressive east-facing views of DuSable harbor, Navy Pier, and Lake Michigan, Cirrus will be a 47-story tower with 350 luxury condominiums. In addition to the shared amenity space in the podium, Cirrus will share a private outdoor pool with Building I (Phase II) and have a private amenity space on level 41 that will include rentable media areas, an outdoor deck, game room, lounge areas and a chefs kitchen. Cirrus will also include parking for 365 vehicles.
Cascade: With views north towards the Chicago River as well as east towards Lake Michigan, Cascade will offer 503 luxury apartment units in a tower thats 37 stories tall. In addition to the shared amenity space and lobby level amenities, Cascade will also have a private amenity space on Level 32 that will include a large, fully furnished outdoor deck complete with grills, a show kitchen, an indoor media room, and study rooms. Cascade will also include parking for 182 vehicles.
Awards
- Cascade, 2022 Gold Award, Best Development & Design, Multi-Housing News
- Cascade, 2022 Gold Award, Best Amenities, Multi-Housing News
- Cirrus, 2022 Development of the Year, Chicago Agent Magazine
- Cascade Park, 2022 Best Urban Design, Fast Company
Sustainability
- All three towers to target LEED Gold Ratings and Fitwel certification for their commitment to environmental sustainability as well as health and wellbeing for residents.
- Green roofs with flower gardens planned for all buildings to mitigate the urban heat island effect. Urban agricultural program through The Roof Crop, through which fresh flowers and produce will be grown and harvested from the rooftop of Cascade.
- The creation of Cascade Park, whose vegetation supports native flora and fauna, provides around 3,000sqm of public open space, featuring lush landscaping, passive wellness features, meandering pathways, outdoor living rooms for recreational space, terrace seating and a public dog park, with furnishings made partially from recycled content.
- More than 20% of Lakeshore East’s building materials contain recycled material and are regionally supplied, including a locally focused procurement program dedicated to supplier diversity aims, to support Chicago’s Hire Diverse Workforce requirements for construction. 85% of construction waste has been diverted from landfill for reuse.
- Facade elements designed to reduce migratory bird collisions.
- Art installation in the mailroom, located at the center of the shared amenity hub, from Andrea Jablonski, a multidisciplinary artist who recycles commercial materials to fabricate enlivened works of sustainable art. For the piece at Cirrus and Cascade, Jablonski used recycled cardboard to create the curving swirling composition of organic forms.
- The construction of Cirrus and Cascade were delivered using renewable grid energy during construction, and the design of both buildings allow for a 38% reduction in energy use compared to buildings of a similar typology.
- 5% of parking spaces dedicated for electric vehicle charging via EverCharge.
- Targeting ENERGY STAR certification 12 months after achieving 80% occupancy. ENERGY STAR buildings perform in the top quartile of all buildings in the nation per their asset type. The project intends to achieve ENERGY STAR certification through the installation of only ENERGY STAR-certified appliances, a high-performance building envelope for increased energy efficiency, on-site electricity generation via regenerative drive elevators, high-efficiency LED lighting technology and controls throughout the buildings, and energy-efficient thermal comfort controls throughout the buildings.
- Runoff mitigation at Cascade Park addressed through terraced design, plantings, geofoam drainage layers, and swales used to capture and recycle stormwater, which is then used in the drip irrigation system.