Streeterville's Skyline Is About to Climb Higher: Related Midwest's 72-Story Lake Shore Tower Takes Shape, Plus a Fresh Commercial Makeover on Ontario Street

By Socialhood News · Il/Chicago/Streeterville · July 22, 2026

Streeterville's already-stunning skyline is preparing for one of its most dramatic additions in years. Related Midwest's ambitious 400 N. Lake Shore Drive project — a soaring 72-story, 635-unit residential high-rise designed by the storied firm Skidmore, Owings & Merrill — is currently under construction and tracking toward a 2027 completion. The tower, which set aside 20% of its units for income-qualifying renters, is one of the most significant high-rise projects to rise in Streeterville in over a decade, and its lakeside address promises unobstructed views of both Lake Michigan and the Chicago skyline that will make it an instant neighborhood landmark.

Closer to street level, fresh energy is also coming to 212 E. Ontario Street, where initial details have emerged for a commercial redevelopment that will restore and renovate the property just over a block east of North Michigan Avenue. While full details are still unfolding, the project adds yet another thread to Streeterville's vibrant tapestry of adaptive reuse and streetscape renewal — keeping the neighborhood's ground-floor experience as compelling as its ever-rising roofline.

From a transformative lakefront skyscraper to a refreshed stretch of Ontario Street, Streeterville continues to prove it's one of Chicago's most dynamic neighborhoods to watch — and to call home. Which of these developments are you most excited about? Share your thoughts with the Streeterville community in the Socialhood comments!

Sources:
1. https://www.oftmw.com/markets/chicago/
2. https://www.chicagobuildexpo.com/industry-news