SOUTH LOOP — Lakeside Bank will build a new headquarters in the South Loop with a feature that is somewhat rare on Michigan Avenue so close to Downtown: a drive-through.
The two-story brick building at 14th Street is scheduled to be completed before the end of the year for the Chicago-based bank, which currently has six locations citywide.
The building's L-shaped design wraps around the corner of Michigan Avenue and 14th Street, enclosing a 28-space parking lot for customers and three drive-through windows with entrances and exits along 14th Street.
Neighboring residents were pleasantly surprised by the modest proposal when it was presented at a South Loop Neighbors meeting Wednesday night.
"I just want to say, thanks for not building up a 15-story building," joked Susan Ohde, who lives three blocks north of the development site.
Her comment referenced the multi-story towers that flank the development site, which were designed by architect George Pappageorge, who also designed the new bank.
He assured a crowd of about 20 residents that the two-story, L-shaped building would fit into the neighborhood with details like stonework and two-story windows that are "derivative of Michigan Avenue style."
"This looks like it fits in beautifully," said Jaqi Green, the neighborhood group's vice president of membership.
Pappageorge said there are no plans to increase the height of the 14,000-square-foot-building in the future.
The plan has already been approved by the Chicago Department of Transportation and will go before the city's zoning board Friday.