(Michigan City, IN) - Groundbreaking is scheduled today at 10 AM on two high-rise buildings close to the lakefront in Michigan City.

A 14-story hotel and 12-story condominium tower is going to go up along U.S. 12 where the police station and News Dispatch building used to be, at what’s now the “You Are Beautiful” site.

A rooftop swimming pool, fitness center, and spa are included in the plans, along with restaurants, bars, cafes, and retail shops.

The estimated construction cost is $240 million.

The high rises are hoping to capitalize, in part, on the upgrades to the South Shore commuter line scheduled to be completed next year to significantly reduce travel times to and from Chicago.

The new buildings will be within a short walk of the new South Shore commuter line train station, Lighthouse Premium Outlets mall, and other nearby shops, as well as the Blue Chip Casino Hotel and Spa.