JOIN THE COMMUNITY
Subscribe to our weekly newsletter for the lastest industry news and resources delivered straight to your inbox.
Let us know your interests:
Preferred language

Construction resumes for $500 million tower on Chicago waterfront

Written By Mariah Moore

related logo banner
$500 million tower on Chicago waterfront at 400 lake shore

Construction developer Related Midwest has resumed construction on the new skyscraper at 400 Lake Shore in Chicago after experiencing more than 10 years of delays and revisions. Sitting alongside the Chicago River on Lake Michigan for almost 20 years, the site has been left with just the foundation hole. Construction commenced in the spring of 2024, and by the start of 2025, the new tower had finally reached street level. 

The ill-fated tower on the Chicago waterfront was initially meant to host The Spire, a tall, thin skyscraper from architect Santiago Calatrava. The project was canceled due to financial and logistical problems on the developer’s side. Construction plans were thrown out in 2016 after years of legal disputes. If completed, it would have been the tallest building in the world at that time. 

A creditor on the original project, Related Midwest has restarted construction following a redesign in 2020 that included a significant reduction in tower height. The new project will feature a pair of twin skyscrapers, with the taller reaching 76 stories, as authorized by the local planning commission. The two towers on the Chicago waterfront will mirror each other and have a large gap to thoughtfully frame Chicago’s downtown core from the water. 

The north tower is the first objective, with the foundation already laid and construction picking up after reaching street level. This tower is projected to be complete in 2027. From there, the construction of the second tower will break ground. 

For more project updates and construction news, subscribe to our weekly newsletter and follow us on social media.

Share Your Thoughts

The 6 best truck toolboxes for contractors and service pros

November 12, 2025

Whether you’re hauling heavy-duty tools or organizing small gear, these...

Read more

Inside the construction tech startup taking aim at disputes: Pixly.ai

November 12, 2025

Disputes cost construction billions each year. CEO Lee Mills thinks...

Read more

ROAD to Housing Act: Will this bipartisan bill fix America’s housing crisis?

November 11, 2025

The ROAD to Housing Act promises to simplify building approvals,...

Read more

Is construction backlog rising? A look at the first half of the year

November 11, 2025

Construction backlogs are holding steady in 2025 at just over...

Read more

The 6 best truck toolboxes for contractors and service pros

November 12, 2025

Whether you’re hauling heavy-duty tools or organizing small gear, these...

Read more

Inside the construction tech startup taking aim at disputes: Pixly.ai

November 12, 2025

Disputes cost construction billions each year. CEO Lee Mills thinks...

Read more

ROAD to Housing Act: Will this bipartisan bill fix America’s housing crisis?

November 11, 2025

The ROAD to Housing Act promises to simplify building approvals,...

Read more

Is construction backlog rising? A look at the first half of the year

November 11, 2025

Construction backlogs are holding steady in 2025 at just over...

Read more

Festool’s ExoActive Exoskeleton: Game-Changer or Gimmick?

November 10, 2025

The features and benefits of Festool’s ExoActive exoskeleton are designed...

Read more

Meet Okibo: The AI drywall robot reshaping U.S. jobsites

November 10, 2025

Founded in Tel Aviv and now expanding in the U.S.,...

Read more