Southbank, Chicago

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Southbank
Southbank, Chicago
Interactive map of Southbank
Coordinates 41°52′21.4″N87°38′2.3″W / 41.872611°N 87.633972°W / 41.872611; -87.633972
StatusUnder construction
Groundbreaking2016
Companies
Developer Lendlease

Southbank is a multi-building urban redevelopment project in South Loop, Chicago. It is located on the South Branch of the Chicago River directly west of Printers Row. The residential developments include buildings named The Reed, [1] The Cooper, [2] The Grand Central, [3] and two currently unnamed future buildings of over 40 stories each.

Contents

History

Developed by Lendlease the site was originally part of a larger development, dubbed "Riverline" built by a partnership between Chicago-based developer CMK and Lendlease but the partnership was dissolved in early 2018. [4] Southbank neighbors the other descendant project, Riverline, which retained the original name.

Groundbreaking occurred in 2016 when the partnership between CMK and Lendlease had not been dissolved. [5] The development is north of The 78, another large-scale development. [6]

In October 2018 the first residential building in the complex allowed tenants to move in. [7] The building was originally known as Ancora at Riverline, but has been renamed The Cooper at Southbank. [8]

References

  1. ↑ The Reed
  2. ↑ The Cooper
  3. ↑ The Grand Central
  4. ↑ Ori, Ryan (14 March 2018). "$2 billion Riverline mega-development divides into separate residential projects". Chicago Tribune. Retrieved 14 August 2018.
  5. ↑ Kozlarz, Jay (13 September 2016). "Chicago breaks ground on 3,600 unit Riverline mega-development in the South Loop". Curbed. Retrieved 14 August 2018.
  6. ↑ Nitkin, Alex (11 May 2018). "Related Midwest's plans for sprawling South Loop project taking shape". The Real Deal Chicago. Retrieved 14 August 2018.
  7. ↑ Latrace, AJ (9 August 2018). "You Can Now Prelease an Apartment at the Massive Southbank Development in South Loop". Chicago Magazine. Retrieved 14 August 2018.
  8. ↑ Kozlarz, Jay (31 May 2018). "Upcoming South Loop apartment tower gets new name and updated renderings". Curbed. Retrieved 14 August 2018.

See also



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