Revamped Chicago Spire Site Plan Applauded By Alderman

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com REVAMPED CHICAGO SPIRE SITE PLAN APPLAUDED BY ALDERMAN Related Midwest has revised its US$1-billion plan for a pair of mixed-use towers on a long-vacant site at 400 North Lake Shore Drive in Chicago where the Spire, which would have been the tallest building in the Western Hemisphere, was set to rise, CBS Chicago reports. After a plan that included 1,100- and 850-ft-tall towers atop a podium was rejected by 42nd Ward Alderman Brendan Reilly in 2018, Related presented a new plan calling for 765- and 875-ft-tall towers with ground-level retail and commercial space, along with underground parking. Designed by World Trade Center architect David Childs with Skidmore, Owings & Merrill, the structures no longer include the podium, a 175-key hotel and 300 condominiums. The new mix includes 1,100 apartments and a 300-space parking garage. Related also agreed to improvements to DuSable Park south of Navy Pier, and a contribution of US$3.9 million to Chicago’s Affordable Housing Fund. Reilly calls the new plan — which advanced in the city’s zoning committee — “far superior” to what was previously proposed. Image credit: courtesy of Related Midwest To read the full transcript of today's podcast, visit: elevatorworld.com/news Subscribe to the Podcast: iTunes │ Google Play | SoundCloud │ Stitcher │ TuneIn