Construction Update

The Reed (234 W Polk Street)

The Reed’s Core Rises above Grade at Southbank Megadevelopment

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.

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320 S Canal Street

320 S Canal Gleams as Tower’s Glass Installation Wraps Up

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.

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