Lakeside has joined in a collaborative initiative led by UC and ANL, to design LakeSim, an urban planning simulation tool to optimize planning and infrastructure in large-scale, master planned developments.
Lakeside is a great chance for Chicago to reset the paradigm for infrastructure and real estate development," said Ed Woodbury, president of Lakeside’s managing member, McCaffery Interests. LakeSim will be a framework connecting urban design tools with scientific computer models to create detailed simulations relevant to large-scale development. Instead of separate models for different pieces of the infrastructure, such as water management or energy supply, LakeSim will allow real estate, energy and water developers to predict how those systems interact with each other over time horizons and under various growth scenarios. The framework will also simulate how different infrastructure designs influence the environment, business and other spheres at Chicago Lakeside over time.