Developer Plans to Give Streeterville Park a Makeover

Ogden Plaza Park in Streeterville // Photo Credit: David Matthews/DNAinfo

A Chicago developer recently revealed plans to give Ogden Plaza Park a $3.5 million makeover, in addition to building a new high rise apartment complex, DNAinfo reports.

Earlier this week, Jupiter Realty presented residents in the area plans for a complete renovation of the park that would add a new lawn, terraces, and dog friendly areas to the park. The area is a pretty bland stretch of Streeterville that could use some extra greenery.

42nd ward Alderman Brendan Reilly feels similarly.

“Everyone would agree [the park] is in horrendous shape and ripe for a refresher,” Reilly told residents at Tuesday’s meeting.

The renovations would also include a 45-story luxury apartment tower nearby at 465 N Park Dr. If approved by the City Council, developers plan to start construction by this winter. The tower will include 444 residential units and a fifth floor pool deck, in addition to street level retail and restaurant space.

The building will fill a void in a prime area in Streeterville. The site has been vacant for years, after plans for a 50 story tower fell through during the 2008 recession.

By | 2017-03-18T19:26:09+00:00 June 12th, 2015|

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