Metal paneling, glass, and painted concrete are all now visible for The Reed at Southbank, a 41-story residential building rising at 234 W Polk Street in South Loop. Developed by Lendlease, Southbank itself refers to a larger four-building masterplan that split off from CMK‘s planned Riverline development just to the south. This Southbank masterplan also comes with an extended stretch of Riverwalk and a small urban park located in its center.
This week, YIMBY toured the construction site at 1400 S Wabash Avenue, which will give rise to a 30-story mixed-use high rise in South Loop. Developed by CMK Companies, the 305-foot-tall tower will add to South Loop’s growing skyline cluster, alongside the 768-foot-tall 1000M apartment building that’s rising nearby.
As concrete and steel continue to rise, the podium is now taking shape for a planned 73-story residential tower known as 1000M, located at 1000 S Michigan Avenue in South Loop. At a revised height of 788 feet, the skyscraper is currently one of Chicago’s tallest active construction projects, helping to expand city’s skyline further south. After a 20-month stall, developer trio JK Equities, Time Equities, and Oak Capitals have updated their condominium plans to 738 rental units, ranging in size from studios up through three-bedrooms.
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.
This week, foundation permits were issued for an 18-story co-living development at 633 S LaSalle Street in South Loop‘s Printer’s Row District. The Collective, a London-based developer, is behind the 162,000-square-foot project, which will house 117 apartments with a total of 381 beds.
