Lendlease, along with co-developer Magellan Development Group, today announced the start of pre-leasing at Cascade, a 37-story, 503-unit luxury apartment tower at 455 E. Waterside Drive in Chicago’s Lakeshore East neighborhood. First move-ins are expected this summer, coinciding with the opening of adjacent Cascade Park, a publicly accessible green space that will connect the property to the lakefront and Chicago Riverwalk.
Apartments at Cascade — the first standalone rental property developed in Lakeshore East in nearly a decade — will feature studio to three-bedroom floor plans spanning 509 to 1,332 square feet. Rents for studios will start at $1,650 per month, one-bedrooms at $2,050 per month, two-bedrooms at $3,300 per month and three-bedrooms at $5,750 per month.
Units will showcase a range of upscale finishes, including 9-foot ceilings; wide-plank flooring;…
