Chicago Lakeside

Development - Management
8555 S Greenbay Ave
Chicago, IL 60617
  • McCaffery Interests in partnership with U.S. Steel is seeking to redevelop the former the U.S. Steel Southworks site into an exciting lakeside community. The U.S. Steel Southworks mill originally began producing steel in 1901 but shut down in 1992 due to the declining steel industry. The colossal scale of the site and proximity to downtown (~ 10 miles) along with its lakeside location make it one of the most desirable pieces of undeveloped real estate in the City of Chicago, if not the nation. 
  • In cooperation with Skidmore, Owings and Merrill LLP and Sasaki Associates, Inc., the team has created an award-winning master plan for approximately 500 acres which includes zoning approvals for approximately 13,575 single family dwellings and high rise units, 17,500,000 SF of retail, the new relocated South Lakeshore Drive, 125 acres of beautifully landscaped open space/parks with bike paths, a 1,500 slip boat marina and a new high school. The redevelopment will provide an economic boost to the City and will revitalize the historic South Shore. Lakeside is located between 79th and 87th Street on Lake Michigan’s shore.  
  • Lakeside is a LEED-ND certified community distinguished by large open spaces, excellent connectivity, access to public transportation/bike paths and compact walkable neighborhoods. 

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Latest News

  • 23 - Jul - 2014 | Ultra-high-speed Internet access is back on the map for Chicago’s South Side, with a new large-scale launch now in the planning stages for the former U.S. Steel South Works site redevelopment at 87th Street and South Lake Shore Drive.
  • 9 - Jul - 2014 | Mariano's Fresh Market has confirmed it will open a new grocery store on the former U.S. Steel property, a deal that launches developer Dan McCaffery's ambitious $4 billion Lakeside project on the South Side site.
  • 9 - Jul - 2014 | Mariano’s Fresh Markets announced it will build a new grocery store on the northeast corner of 87th Street and South Lake Shore Drive on the former U.S. Steel Works factory site — not far from a parcel in the same development being pitched as a future home of a Barack Obama presidential library.