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Chicago & Midwest  + Apartments  | 

Lendlease, Magellan Top Out on Two Lakeshore East Towers

Lendlease and Magellan Development Group topped out at Cirrus, a 47-story, 350-unit luxury condominium tower at 211 N. Harbor Dr., and Cascade, a 37-story, 503-unit luxury apartment tower at 455 E. Waterside Dr. The two properties represent one of the final phases of the Lakeshore East master plan in downtown Chicago.

The developers said that adjacent Cascade Park, a publicly accessible green space connecting Cirrus and Cascade to the lakefront and Chicago Riverwalk, will open ahead of schedule in summer 2021. The buildings, designed by bKL Architecture, are two of three towers planned on the prominent site.
 
“The virtually uninterrupted progress we’ve made on Cirrus and Cascade over the past year reflects the commitment we have made to downtown Chicago, and we are thankful for the hard work and diligence of every individual who helped achieve this milestone,” said Ted Weldon, executive general manager of development for Lendlease’s Chicago office.

Pictured: Cirrus.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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