A proposed amendment to Residential Business Planned Development No. 1116
and Lake Michigan and Chicago Lakefront Protection Application No. 606
submitted by M & R Development LLC for the property generally located at 73
East Lake Street and 171 North Wabash Avenue. The applicant proposes to
rezone the site from Residential Business Planned Development No. 1116 to
Residential Business Planned Development No. 1116 as amended. The
applicant proposes to construct a
42-story residential building with 332 dwelling
units, ground floor retail space and 183 on site accessory parking spaces within
Sub-area A. Sub-Area B will be improved with an
8-story office and commercial
building with 56 on-site accessory parking spaces to be constructed as a future
Phase II project. The site is located in the Private Use Zone of the Lake Michigan and Chicago Lakefront Protection District.