We continue our streak of approvals from the Committee on Zoning from this past week’s meeting with the mixed-use development at 1338 West Lake Street in the West Loop. Sitting on the corner with North Ada Street, the boxy tower has been in development for a few years now and most recently received approval from the Plan Commission after some redesigns.
Site context of 1338 W Lake Street by SCB
Renderings of 1338 W Lake St by SCB
The existing 22,300-square-foot site is being developed by Cedar Street Companies, along with local architecture firm SCB working on its design. The 32-story project would be anchored by a six-story podium abutting the CTA tracks to the south. This would contain 7,800 square feet of commercial space along Lake, as well as a large lobby along Ada.
Floor plans of 1338 W Lake St by SCB
The rest of the podium will hold a 191-space parking garage with a row of liner units along Ada in order to activate the street front. The podium would be capped by a large amenity deck serving the 321 residential units within the project. These would be made up of studios, one-, two-, and three-bedroom layouts, of which 65 will be considered affordable.
Elevation of 1338 W Lake St by SCB
Rendering of 1338 W Lake St by SCB
Cresting the 364-foot-tall, glass-clad square structure will be another amenity floor and rooftop deck, featuring a small pool facing the city. The $165 million project is now one approval away from being able to apply for permits. Previously announced plans call for a Q4 2026 groundbreaking and Q3 2028 completion.
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1338 West Lake Street Mixed-Use Residential West Loop