The Loop, one of Chicago‘s 77 designated community areas, is the central business district of the city and is the main section of Downtown Chicago.

The New Eastside is a neighborhood that is a part of the Loop community area number 32. It is a mixed-use district bordered by Michigan Avenue to the west, the Chicago River to the north, Randolph Street to the south, and Lake Shore Drive to the east. It encompasses the entire Illinois Center and Lakeshore East. It began with the 1969 Planned Development #70, as well as separate developments like Aon Center, Prudential Plaza, Park Millennium Condominium Building, Hyatt Regency Chicago, the Fairmont Chicago & Lakeshore East.

Other neighborhoods located in the Loop include Printer’s Row, South Loop, Historic Michigan Boulevard District and Loop Historic Retail District.

Lakeshore East is a mixed use development within the New Eastside boundaries. Magellan Development purchased the 28 acre parcel of land in 1997. They spent the next five years working with Skidmore, Owings & Merrill to create the master plan. Construction began in 2002 and the first condominium building, The Lancaster, was completed in 2005. The 6 acre central park also opened in 2005 featuring a kids park and a dog friendly area.

The condominium buildings in Lakeshore East include Lancaster (2005), Regatta (2006), Chandler (2007) 340 on the Park (2007), Aqua (2009), St. Regis (2020) and the Cirrus (2021). The rental buildings include Shoreham (2006), Tides (2009), Aqua (2009), Coast (2013) and Cascades (2021). In addition there are the Park homes on the southeast corner of the park and the Aqua Park homes on the west end of the park. The East Village Market opened in 2011 on the South portion of the park and hosts multiple businesses and restaurants.

The condominium buildings located in the New Eastside that existed prior to the Lakeshore East development include Park Millennium, Harbor Point, 400 East Randolph, The Buckingham and the ParkShore. The rental buildings include 175 N Harbor, Millennium Park Plaza and Columbus Plaza.

Considering a move to the New Eastside and want to hear more? Please don’t hesitate to contact Ginger Menne for current real estate trends and her take on why this community is quite possibly the perfect place to live!