This Fulton Market developer is betting big on Michigan City: Sterling Bay co-founder Scott Goodman will soon break ground on a 14-story, 680,000-square-foot, $280 million luxury condo, hotel and retail complex on an empty lakefront lot.

Sterling Bay co-founder Scott Goodman is planning to develop a luxury condo, hotel, and retail complex in Michigan City, Indiana. The decision was influenced by several factors, including the addition of a second track to the South Shore train line, the rise of remote work during the pandemic, and the decommissioning of a local power plant. The $280 million project, called SoLa, will feature two boutique hotels, 174 condos, 18 townhouses, upscale restaurants, and retail space. The development aims to take advantage of Michigan City's potential as a suburb of Chicago, offering views of Lake Michigan and the Chicago skyline. [Extracted from the article]

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