Streeterville Is Building Big: A 635-Unit High-Rise, a New Resi Conversion, and Lurie Children's Expanding Its Footprint

By Socialhood News · Il/Chicago/Streeterville ·

Streeterville's transformation continues to pick up steam — and this week brought a fresh wave of news that underscores just how much momentum this lakefront neighborhood has heading into summer 2026.

First, the skyline is about to get a major new addition. Related Midwest has announced plans to break ground on an ambitious 635-unit high-rise by the end of the year, adding one of the largest residential towers in the neighborhood's recent pipeline. Meanwhile, a quieter but equally exciting conversion story is unfolding at 230 E. Ohio Street, where the Zoning Board of Appeals has approved a variance to transform an existing office building into 72 new residential units — yet another sign of Streeterville's unstoppable adaptive reuse energy.

On the health and community side, Lurie Children's Hospital scored a significant win: under a newly reached agreement, the beloved institution will expand its Streeterville footprint at the Retail at River East complex, continuing to occupy space at a lower cost. It's a meaningful commitment to keeping world-class pediatric care right in the heart of the neighborhood.

From soaring new towers to converted offices and an anchor healthcare institution doubling down on the community, Streeterville is firing on all cylinders. Which of these developments are you most excited about? Drop your take in the Socialhood comments — this neighborhood's next chapter is being written right now!

Sources:
1. https://chicago.urbanize.city/neighborhood/streeterville
2. https://www.chicagobusiness.com/topic/streeterville