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Lendlease, Magellan Add to Lakeshore East with Resi Towers
Lendlease and co-developer Magellan Development Group broke ground on the Cirrus and Cascade residential towers in the Lakeshore East community. Scheduled to deliver its first residences in fall 2021, the 47-story Cirrus condominium project will be developed simultaneously with Cascade, an adjacent 37-story, 503-unit rental tower, and Cascade Park, a publicly-accessible green space.
Members of the development team gathered with local officials, including 42nd Ward Ald. Brendan Reilly, to mark the start of construction at a groundbreaking ceremony held recently.
“Cirrus and Cascade continue the exceptional legacy of Lakeshore East as development of the neighborhood nears completion on this prominent parcel where Lake Michigan meets the Chicago River,” said Ted Weldon of Lendlease’s Chicago office. “The towers’ site-specific designs are intended to both maximize the beauty of the site and maintain continuity with surrounding buildings – all while delivering an urban lakefront residential experience that is distinctly their own.”
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