Since YIMBY’s last site prep update in early September, work on ‘The Reed‘ has made significant progress, with its core having now risen substantially above grade. Situated as 234 W Polk Street in South Loop, the 41-story residential building is being developed by Lendlease, and is the second installation in a seven-acre, four-building development known as Southbank. The first to be complete in this larger plan was The Cooper, located directly east and completed in 2018.
Articles by Jack Crawford
This week, an official groundbreaking ceremony was held for a new eight-story office building known as ALLY, located at 1229 W Concord Street along Chicago’s North Branch corridor. The building will serve as the first step in a much larger masterplan known as Lincoln Yards, set to transform the former industrial zone into a 21st century community.
A revised construction permit has been issued for 1000 S Michigan Avenue, the site of a 73-story residential tower that is now ready to resume construction. The development known as ‘1000M‘ is being developed by Time Equities and JK Equities in South Loop. Meanwhile, the building itself was designed by the late Helmet Jahn, which upon completion will be his tallest addition to the city (not accounting for a possible tower addition to Thompson Center).
A combination of glass, metal, and brick can be seen enveloping a new 12-story mixed-use development known as “1045 on Fulton Market,” located in Fulton Market District. Fulton Street Companies and Intercontinental Real Estate are co-developers behind the boutique project, having planned over 130,000 square feet of rentable space in the West Loop.
With nearly all of its glazing installed, the 50-story skyscraper at 320 S Canal Street, aka BMO Tower, can now be seen in its final form along the Chicago skyline. Co-developed by Riverside Investment & Development alongside Convexity Properties, the 727-foot-tall behemoth is one of the city’s tallest new structures, let alone office buildings. The structure is situated in West Loop Gate directly south of the iconic Union Station, and is replacing a former parking and retail structure.