Chicago Lakeside

Development
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

  • 14 - Apr - 2014 | Dan McCaffery takes on some tough projects, even for a big city developer. But two of his most important, controversial plans are moving ahead in early 2014.
  • 17 - Feb - 2014 | For nearly a decade, there has been talk of transforming the city’s last undeveloped stretch of lakefront, between 79th and 92nd Streets, into a “neighborhood of the future.” But last October, something besides talk actually happened: Crews completed work on a $64 million extension of Lake Shore Drive that provides direct access to the 596-acre site. Now the Chicago developer Dan McCaffery is assembling an unlikely power portfolio—politicians, urban planners, and public intellectuals —to help get the estimated $4 billion, 50,000-resident community off the ground.
  • 25 - Oct - 2013 | The opening this weekend of a new two-mile stretch of road along Lake Michigan marks a milestone for a proposed multidecade development project on the city's South Side...