City Club Apartments has presented an initial proposal to redevelop a vacant Lake View parcel at the corner of Lake Shore Drive and Waveland Avenue.
The proposal, according to reports, calls for 2 structures; a 5-story, 66-foot residential-use tower at the south end of the site, and a 19-story, 206-foot mixed-use tower to the north. The lot is one of Chicago’s few undeveloped lakefront sites, as has been a subject of speculation for some time.
Tressa Feher, Alderman Cappleman’s chief of staff, stated that the project is still a work-in-progress and specific details like height, design, and total unit count, are subject to change. According to Feher, “There are still legal ingress and egress issues and other easements that need to be worked out, but we put this out there because so many neighbors have been asking about the project.”
The 46th Ward Zoning Committee will meet with Cappleman and staff at least one time to review the proposal and collect feedback before any further decisions are made.