May
07

Lend Lease U.S. Development Push Includes Chicago, Boston

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Lend Lease Group, an Australian developer and construction manager, is launching an expansion into United States development that includes plans for large mixed-use projects in Chicago and Boston.

The company has formed a venture with Chicago developer CMK Cos. to develop a $1.5 billion complex with residences and retail space in the city’s Riverside South neighborhood. Meanwhile, Lend Lease has submitted plans to build 490 apartment units and 28,000 square feet of retail space on 12 acres that it has already acquired or plans to buy next to the Maverick Square transit station in East Boston.

The company will focus on major gateway markets across the United States. In Manhattan, it’s in a venture with Victor Group that’s developing a $400 million residential condominium building at 281 Fifth Ave

Lend Lease U.S. Development Push Includes Chicago, Boston

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