Construction has now passed the halfway mark for a 41-story residential building known as The Reed, located at 234 W Polk Street in South Loop. Developed by Lendlease, the building is the second of four structures in a masterplan known as Southbank. Lendlease’s plans for the structure include 224 rental apartments and 216 condominiums, for a total of 440 on-site units. The rental portion will occupy the ninth through 22nd floors, while the remaining floors above will be designated for the condominiums.
All units will have industrial-inspired interiors with exposed concrete elements and dark-toned finishes. Condominiums, which range from $400,000 up to $1.4 million, will come with nine-foot ceiling spans, metal finishes, wood plank flooring, and floor-to-ceiling windows. Kitchens specifically are set to feature 3/4″ quartz countertops, Hansgrohe faucets, flat-panel European cabinetry, and appliance brands Bosch and Whirlpool. Bathrooms will come with walk-in showers, large tiling, integrated vanities, along with either chrome or black finishes.
Amenities will include a 15,000-square-foot outdoor amenity deck, equipped with a pool, a patio, fire pits, grass tanning hills, and outdoor yoga. Inside will be a fitness center, co-working spaces, a demonstration kitchen, and a double height lobby with additional seating areas. In the immediate vicinity, residents will also be able to enjoy an already completed stretch of riverwalk and a planned urban park.
The design by Perkins + Will is comprised of a parking podium atop which is a rectangular tower massing. The facade treatment includes metal paneling and floor-to-ceiling glass windows, a contrast from the existing Cooper and other lighter-toned exteriors in the immediate area.
While there will be on-site parking for approximately 300 cars, other nearby public transit includes bus Routes 1, 2, 6, 7, 12, 18, 22, 24, 28, 29, 36, 37, 60, 62, 125, 126, 134, 135, 136, 146, 151, 156, and 157 all within a 10-minute walk. For rail access, the CTA L provides service for the Blue Line via LaSalle station, a seven-minute walk northeast, as well as the Red Line via Harrison station, also a seven-minute walk northeast. Other trains can be found via a 15-minute walk northwest to Union, with service for both the Amtrak and Metra.
Lendlease is also acting as general contractor for the reportedly $137 million structure. Full completion of this second Southbank addition has been penned for next year.