Updated renderings have been revealed for the renovation for the structure dubbed Canal Station at 801 S Canal Street in the South Loop. The massive building is located on the southeastern corner with W Polk Street just south of the Old Post Office, thus the property’s new owners hope to cash in on the area’s growing appeal for office relocations in recent years. Those owners being 601W Companies and The Telos Group who are working with SCB on its design.
Work began in 2021 when the development group acquired the property from its previous sole occupant Northern Trust, now the structure will become a multi-tenant space with a new lobby and facade. Overall the six-story building will deliver a total of 850,000 square feet of space of which 638,000 square feet will be leasable office space, with the design team focusing on utilizing the existing expansive 110,000 square-foot floor plates, large windows, and industrial elements to their advantage.
The focal point of the new project will be the multi-story lobby with a wrap-around entry arch. Inside will be a large media installation, monumental staircase, and walkways connecting the upper floors similar to the renovated Willis Tower lobby. This will also include new commercial spaces for food and beverage tenants like a cafe as well as other amenities such as a large fitness center, 7,000-square-foot outdoor terrace on a setback, and a conference center.
While work quickly progresses on many of the changes including the lobby now being visibly framed out, the next steps for the facade work will include painting a majority of the existing concrete panels to an orange color in order to create a new identity. The developers hope to complete the $265 million project by the end of the year, with shuttles being planned to move future tenants to Union Station and beyond.