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.
Structural work has now passed the ninth floor for the 41-story residential tower known as The Reed, located directly north of River City Apartments in South Loop. Under the address 234 W Polk Street, this new high rise is part of a large master plan known as Southbank. With Lendlease as the developer, this scheme includes the completed development “The Cooper” adjacently west, alongside a host of new public park spaces. Future plans include a pair of towers roughly the same height as The Reed, connected by a podium at their base.
The Community Development Commission has approved the land sale and Tax Increment Financing (TIF) funds for the affordable mixed-use development at 201 S Kedzie Avenue in East Garfield Park. Going by the name ‘Garfield Green’, the two-site project located on the intersection with S Fifth Avenue recently received approval from both the plan commission and city council. Developer Preservation of Affordable Housing won the C40 Reinventing Cities competition in 2018 with structures designed by Perkins + Will and Nia Architects
The Chicago City Council has approved the rezoning of a mixed-used development at 201 S Kedzie Avenue in East Garfield Park. The project dubbed ‘Garfield Green’ recently received its Plan Commission approval and will be located across two empty lots on the corner with S Fifth Avenue and split into two phases. Developer Preservation of Affordable Housing worked with Perkins + Will as well as Nia Architects on the design which takes height cues from the adjacent Marshall Metro High School.
The quickly rising tower dubbed ‘The Reed’ at 234 W Polk Street in the South Loop takes the 11th place in 2021’s year-end countdown. The 41-story residential structure will rise 447 feet tall on the banks of the Chicago River as part of the greater Southbank development led by Lendlease and designed by Perkins + Will. The project joins ‘The Cooper’, an adjacent rental building which was the development’s first completed design.