{"id":480345,"date":"2026-02-20T18:17:11","date_gmt":"2026-02-20T18:17:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/480345\/"},"modified":"2026-02-20T18:17:11","modified_gmt":"2026-02-20T18:17:11","slug":"plan-commission-approves-1338-west-lake-street-in-west-loop","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/480345\/","title":{"rendered":"Plan Commission Approves 1338 West Lake Street In West Loop"},"content":{"rendered":"

The Chicago Plan Commission has approved updated plans for the mixed-use development at 1338 West Lake Street in the West Loop<\/a>. Located at the corner of North Ada Street, the project has been in the works for three years<\/a> and recently received major design updates to improve its relationship with the surrounding area.<\/p>\n

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Site context of 1338 W Lake Street by SCB<\/p>\n

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Rendering of 1338 W Lake St by SCB<\/p>\n

Development efforts are being led by Cedar Street Companies, which has been working with local architecture firm SCB on the design. The 32-story tower will rise approximately 364 feet in height, including a six-story podium that will be largely screened by adjacent buildings and CTA tracks to the south. The majority of the recent changes focus on this portion of the project.<\/p>\n

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Renderings of 1338 W Lake St by SCB<\/p>\n

Per our previous coverage, the podium will now include 7,800 square feet of retail space along the main street corner, with the previously proposed large sculpture removed. The updated plans instead introduce liner units along Ada Street across the five upper levels of the podium. These units will utilize their own dedicated elevator bank, increasing the project\u2019s total unit count.<\/p>\n

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Floor plans of 1338 W Lake St by SCB<\/p>\n

These revisions also resulted in a reduced parking count of 191 spaces. The podium will be topped by a large outdoor deck and two recessed amenity levels that separate it from the tower above. In total, the development will include 321 residential units, primarily studios, one-bedroom, and two-bedroom layouts, along with a limited number of three-bedroom units. Of these, 65 units will be designated as affordable.<\/p>\n

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Material context of 1338 W Lake St by SCB<\/p>\n

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Elevation of 1338 W Lake St by SCB<\/p>\n

The tower will be capped with an amenity level and an additional rooftop deck featuring a pool. The exterior will be clad in a mix of blue multi-tone glass and gray panels along the podium. The project carries a $155 million price tag and will next require City Council approval ahead of a planned Q4 2026 groundbreaking and Q3 2028 completion.<\/p>\n

The approval follows recent approvals of Foundry Park<\/a> and a controversial approval of nearby 215 North Racine<\/a> development, both of which we will cover in the coming days.<\/p>\n

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1338 West Lake Street<\/a> Cedar St Companies<\/a> Mixed-Use<\/a> Residential<\/a> West Loop<\/a>