320 South Canals close proximity to Metra, El and CTA stations, as well as expressways and public bike lanes make it an ideal location for city and suburban commuters alike. The group that oversees the futures trading market on behalf of investors is poised to relocate its Chicago headquarters to a new West Loop office . BMO Tower includes a state-of-the-art fitness center and a 1.5-acre green space. Theres so much work in the prep, everything takes a bit less time on the line, Sorensen says. The main floor of the tower features a brand new, technology-enabled branch, providing customers with a modern and open environment. Select the business and financial topics of interest to you and sign up to stay current on the latest news, BMOCMC Fixed Income Commentary Disclosure, BMOCMC FICC Macro Strategy Commentary Disclosure. Work is set to begin this month on a 1.5 million-square-foot office tower alongside Union Station, after the developers landed a $476 million construction loan. More than 3,000 employees will be based at BMO Tower, which at over 700 feet is the tallest officer tower west of Canal Street. BMO Commercial Bank endeavors to ensure that the contents have been compiled or derived from sources that it believes to be reliable and which it believes contain information and opinions which are accurate and complete. "We chose to build a new office tower because we are committed to playing our part in contributing to the economic development of Chicago and because, just two years after celebrating our bicentennial, we're looking forward to our next 200 years in Chicago. BMO Tower will stand as a testament to our citys thriving corporate amenities and bustling downtown area. See how DataBid can help your company find projects and increase your odds of winning. Building designed to achieve WELL Building Platinum & LEED Gold standards. More than 3,000 employees will be based at BMO Tower, which at over 700 feet is the tallest officer tower west of Canal Street. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. Location: Chicago. (authorised and regulated by the Central Bank of Ireland) in Europe and BMO Capital Markets Limited (authorised and regulated by the Financial Conduct Authority) in the UK and Australia. This information is being used to support the promotion or marketing of the planning strategies discussed herein. Member FDIC. Please note important disclosures for content produced by BMO Capital Markets. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. In one gutsy bet, Canadian developer Onni Group last month paid around $166 million for the office building at 225 W. Randolph St. and plans to spend almost as much renovating the mostly vacant landmark to try to bring it back to life. Address 320 South Canal Street. CHICAGO, June 24, 2022 /CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Please review the privacy and security policies of web sites reached through links from BMO web sites. BMO Tower has two anchor tenants: BMO Harris Bank, with 123,000 square feet, and Michael Best & Friedrich, with 59,000 square feet. Chicago Mayor Lori Lightfoot signs a beam during the topping off ceremony at BMO Tower, located at 320 S. Canal St. in the West Loop Gate, Thursday morning, April 8, 2021. Union Bank is now trying to recover as much of its investment in the properties as possible, hoping a buyer will come in with a vision to revamp the buildings and pursue new office users or turn them into something else. The BMO Tower, still under construction on April 21, 2021, is looking to take advantage of the city's new rule which allow more signs on office towers. "BMO Tower will stand as a testament to our city's thriving corporate amenities and bustling downtown area. Morning pastries come from Zachary Dawson whos making treats including a Saigon cinnamon roll with cream cheese frosting. BMO Tower was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and wellbeing. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors, and enhance tenant operational efficiency. BMO Harris Bank N.A. BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. Riverside Investment & Development broke ground on the 1.5 million-square-foot project earlier this year, after securing a $476 million loan. Chicago. Slowly, workers are filling their BMO offices. See DataBid Blog titled - BMO Tower Construction Begins in 2019 Next to Union Station, DataBid is currently reporting on this project - Union Station Redevelopment Phase II BMO Office Tower - Chicago (0085101818). BMO Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. The Italian restaurant is quite a red sauce American spot, nor does it gravitate toward a specific region. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. Chicago, IL 60606 US. BMO Harris Bank to Occupy New Chicago Union Station Tower. The Applicant acknowledges and agrees that the rezoning ofthe Property from the DX-7 Downtown Mixed-Use District to the DX-12 Downtown Mi.\ed-Use District and then to this Planned Development (PD) triggers the requirements of Section 2-45-115 of the Municipal Code of Chicago With newly-renovated or classic apartment designs in studio, one, two, and three bedroom floor plans, there is an apartment for every lifestyle. Visit us for our wide range of personal banking services. 771 N Broadway St. Juneau Town. BMO Tower Construction Begins in 2019 Next to Union Station, Union Station Redevelopment Phase II BMO Office Tower - Chicago (0085101818). (authorised and regulated by the Central Bank of Ireland) in Europe and BMO Capital Markets Limited (authorised and regulated by the Financial Conduct Authority) in the UK and Australia. If the requested information is not provided within 30 calendar days, the account will be subject to closure. The main floor of the tower features a brand new, technology-enabled BMO branch, providing customers with a modern and open environment. (Abel Uribe / Chicago Tribune) We've also got items on Bank of Montreal's new office tower in Chicago and a delisting threat against Republic First. Address. With 150 Riverside, 444 West Lake, and Wanda Vista, and these towers, Chicago's river canyon is going to be incredible. Canal Street Market, at the 320 South Canal Building, 314 S. Canal Street, restaurant opening Thursday, August 25. Third party web sites may have privacy and security policies different from BMO Harris. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. This month, BMO helped celebrate African American achievement in science, technology, engineering, the arts and mathematics at the Museum of Science and Industrys (MSI) 50thannual Black Creativity Gala. The buildings subtly folded faade creates an ever-changing texture that reinforces the verticality of the building. The 1.3 million-square-foot tower at 135 S. LaSalle St., immediately south of BMO, is mostly vacant after Bank of America vacated for its own namesake tower on Wacker Drive, and owner AmTrust . Branch details for you local BMO Harris Branch in Chicago, IL. At 727 feet, the skyscraper is one of Chicago's tallest new office buildings, spanning a total of 1.5 million square feet. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. Designed by Kahler Slater ( Westin Milwaukee ), the tower will feature 380,000 rentable square feet, and 647 parking spaces through the 8th floor. Reprints. BMOCMC Client Relationship Summary. The material contained in articles posted on this website is intended as a general market commentary. BMO Harris Bank N.A. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Geoffrey Baer takes us on a tour in this week's Ask Geoffrey. Dec 20, 2019. Samsung has collected an undisclosed amount of net operating income from the buildings since then, and BMO Harris still has multiple lease commitments in place, including a large portion of its space that is leased through 2025, according to research firm Real Capital Analytics. Designed by award-winning architect Goettsch Partners, 320 South Canal features market leading health and wellness design, excellent light and air with views of Lake Michigan, along with the largest outdoor park in the West Loop. BMO Tower/Goettsch Partners. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. BMO Tower is expected to be finished in spring 2022. Member FINRA /SIPC .SEC-registered investment adviser. Mark Irgens 414.443.2520 mirgens@irgens.com; Tom Irgens 414. . CHICAGO - Mayor Lori E. Lightfoot today joined BMO Financial Group and Riverside Investment & Development at the groundbreaking of the new BMO Tower, located at 320 S. Canal St. Open Today 0900-1700 0900-1700 0900-1700 0900-1700 0900-1700 . The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. The state-of-the-art, 50-story building is located . BMO Tower. Oops. ", U. S. CEO of BMO Financial Group | David Casper. 45 Mins $8.00. BMO Harris broke ground on Friday on a new headquarters tower in the West Loop. Riverside Investment & Development Company and Convexity Properties joined its expertise to develop and deliver a progressive, high quality office project with dynamic mixed use spaces attractive to tenants and the surrounding community. A 43-story tower at 30 N. LaSalle St. in Chicago is one of a handful of office towers on the street that could be converted to apartments as part of an initiative by Mayor Lori Lightfoot. Greater Chicago Area. 320 South Canal is a newly completed 50-story office tower located adjacent to Union Station. Designed by renowned architecture firm, Goettsch Partners, this “Class A” office property features market-leading health and wellness design, excellent light and air with views of Lake Michigan, along with the largest privately-owned public park space in Chicago’s Central . To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. JLL is playing up the cash flow from BMO Harris' lease as a valuable source of income in the meantime, sources said. BMO will never contact you via unsolicited email, text or phone call asking for sensitive information, passwords, PINs or one-time passcodes. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. It features a glassy facade with vertical striping and large chevron-shaped structural supports at its base. Harry Carmichael. The main floor of the tower features a brand new, technology-enabled BMO branch, providing customers with a modern and open environment. At the ULI Fall Meeting in Chicago this year, attendees will have the chance to tour two new office towers and hear from their development teams about the measures taken to adapt to the new circumstances. THE GREEN AT 320 SOUTH CANAL IS NOW OPEN! Understanding that BMO's . BMO is Read more, BMO was proud to be theTitle Sponsorfor the 32nd AnnualBlack Law Students' Association of Canada(BLSA Canada) National Conference, which hosted nearly 500 law and pre-law students, lawyers, legal professionalsand community Read more, Many young women face a complex combination of barriers to leadership, such as harmful gender norms, discrimination and negative perceptions that may either deny or impede them from unleashing their Read more. Lunchtime will include made-to-order items and food, like Neapolitan pizza or pre-made salads that can get workers in and out quickly. Union Station Tower is designed as a stepped, three-tiered building approximately 700 feet tall. Chicago > bmo tower; bmo tower. Chicago's newest skyscraper, BMO Tower next to Union Station | Chicago, Illinois downtown Loop areaAlso see:One Chicago apartment, new Chicago skyscraper in . More recently, Chicago developer Michael Reschke struck a deal with the state of Illinois to buy and revamp the James R. Thompson Center, part of which it would sell back to the state. Union Station Tower is anticipating completion in 2022. 333 West Wolf Point Plaza. The 320 building app provides a digital hub connecting tenants to amenities, events and happenings at the property while streamlining services and allowing tenants to use their mobile phone to access the building. Formerly: N.W. Designed as a stepped, three-tiered building, the tower is oriented in the north-south direction along the east side of the site. Address 310 South Canal Street, Chicago, 60606, United States Category Commercial (Office) Status Pre-Construction Height 727 ft / 221.58 m Just think about how different it will be than 15 years ago? The breakfast sausage uses maple crystals from gourmet ingredient vendor Rare Tea Cellar to give it a little bit more of a sweeter kick. BMO collaborated with non-profit group IPaintMyMind to engage a local artist to paint a mural on the 17th floor. This information is not intended to be tax or legal advice. The BMO Tower, which debuted last year with the bank as an anchor tenant, is no exception. Venue: 320 S. Canal Sreet, Chicago. Fresh bread will bookend the sandwiches like Cubans and Buffalo chicken varieties. Goettsch is serving as the architect for the project, developed by Riverside Investment & Development and Convexity Properties and anchored by Montreal-based BMO Financial Group. The BMO tower will be located across the street from Chicago's Union Station and is expected to house 3,000 BMO employees when it opens. This information is being used to support the promotion or marketing of the planning strategies discussed herein. Construction is going vertical for the Union Station Tower, also known as the BMO Tower, a 46-story office building in West Loop Gate. TRD Staff. According to The Real Deal, Riverside Investment & Development and Convexity Properties were able to get a $476 million construction loan for the 50 story high building from BMO Harris Bank, Bank of America and Citizens Bank. Bmo Tower. The state-of-the-art, 50-story building is located in Chicago's West Loop Gate neighborhood and at 700 feet is the tallest office tower west of Canal Street. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicagos West Loop Gate neighborhood. The state-of-the-art, 50-story building is located at 320 S Canal St., inChicago'sWest Loop Gate neighborhood. In this way, the park becomes an integral and welcoming part of the building and its entry sequence, and the building serves as an extension of the park. The building will feature a selection of restaurants, world class amenities and a spectacular 1.5-acre urban park with year-round programming, which will be one of the largest privately owned public parks in the City . Third party web sites may have privacy and security policies different from BMO. Riverside Investment & Development and Convexity Properties are jointly developing the BMO Tower. BMO Harris Premier Services represents a combined service approach of BMO Harris Financial Advisors and BMO Harris Bank, each a part of BMO Financial Group. The 11,000-square-foot project is all part of Canal Street Market which will this week unveil a full-service and 120-seat Italian restaurant to complement its food and beverage offerings. "From our first days in Chicago in the 1860s, we've always been proud of our role contributing to boldly growing the good in our great city," said Dave . Peterson is also in charge of the wine and beer selections. Workers are putting the finishing touches on downtown's 50-story BMO Tower (also known as Union Station Tower) ahead of the Class A building's anticipated January 2022 opening. Click here to get the full experience on your screen. Suite 3200 Chicago Mayor Lightfoot was at the ground breaking with her shovel along with bank officials. Managers, who were . contact, BMOCMC Fixed Income Commentary Disclosure, BMOCMC FICC Macro Strategy Commentary Disclosure. Canal Street Eatery & Market is located in the building overlooking the park, while the Afterbar is situated adjacent to the park space. Something went wrong. Large terraces at each setback offer outdoor amenity spaces with expansive views of downtown. That's why Samsung is now poised to hand over the keys to the lender, which is likely to sell the loanand therefore the propertiesfor far less than the value of the debt, sources said. The Green at 320 South Canal is the largest privately owned public park space in Chicagos West Loop. For further information: For Media Relations Inquiries: Scott Doll, Chicago, scott.doll@bmo.com, (773) 766-5439, BMO Financial Group Declares Dividends - Feb 28, BMO Financial Group Reports First Quarter 2023 Results, BMO to Host 32nd Global Metals, Mining & Critical Minerals Conference, BMO Financial Group and BNP Paribas Announce Global Commercial Agreement, BMO Completes Acquisition of Bank of the West, BMO Ranked North America's Most Sustainable Bank by Corporate Knights for Fourth Consecutive Year, BMO Receives Regulatory Approval to Acquire Bank of the West, BMO ranked one of the most sustainable companies in North America on the Dow Jones Sustainability Indices, Top Rankings for BMO Capital Markets' FICC Macro Strategy Group in Institutional Investor Client Survey, BMO Climate Institute Survey Shows Costs and Competing Priorities Slowing Climate Action for Small and Mid-Sized Businesses, BMO Financial Group Reports Fourth Quarter and Fiscal 2022 Results, BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 8 per cent from the prior year. hbspt.cta._relativeUrls=true;hbspt.cta.load(494622, 'd96bfdce-b136-4fb6-8320-acde02685b90', {"useNewLoader":"true","region":"na1"}); Groundbreaking Starts on New BMO Harris Headquarters in Chicago, BMO Harris broke ground on Friday on a new headquarters tower in the West Loop. Hines is developing Salesforce Tower Chicago in partnership with longtime land owner, the Joseph P. Kennedy Family. BMO TOWER, the newest high-rise addition to the Milwaukee skyline, was meticulously designed to deliver the next generation of workplace to the region. Please review the privacy and security policies of web sites reached through links from BMO Harris web sites. Credit: Goettsch Partners. Registered trademark of Bank of Montreal in the United States, Canada and elsewhere. In 1974, a second 38-story tower was added to the west with the address of 115 South LaSalle Street. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. Designed By Neoscape. Serving customers for 200 years and counting, BMO is a highly diversified financial servicesprovider - the 8th largest bank, by assets, inNorth America. Privacy Policy However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. 2023 Riverside. The office tower and park will bring vibrant, complementary additions to the city.. Camren Wynter hit a three-pointer with 0.7 seconds left to give Penn State a 68-65 victory against Northwestern. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. CHICAGO, June 24, 2022 /CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. To learn more or opt-out, read our Cookie Policy. Theres a park open to the public near the space, and the bar will have a 42-seat patio. BMO Harris Bank N.A. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Building designed to achieve WELL Building Platinum & LEED Gold standards . Construction of the tower began about 18 months ago and has continued during the pandemic, BMO officials said. 1-877-812-1590. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. We may also ask you to provide a copy of . Third party web sites may have privacy and security policies different from BMO. Using 80-ksi steel in upper perimeter columnsa first in the U.S.helped the design team reduce the total steel by almost 20% for 320 S. Canal, a 51-floor office tower under construction in . The tower will have the following features: - 1.4 million square feet of office space, - High-tech BMO branch bank on ground floor. BMO Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. What will happen to Invest South/West, LaSalle Street revival without Lightfoot? Im deeply grateful for BMOs latest investment in Chicago and for their continued support of our communities.. Connected to Union Station via an enclosed pedway, 320 South Canal offers direct access to the Metra Metra train concourse and Amtrak trains. Dec 10, 2018 at 3:20 pm. Glass has reached the pinnacle of 320 S Canal Street, aka BMO Tower, a 50-story topped-out office tower situated near the southern end of West Loop Gate. "BMO Tower represents a major investment by BMO in Chicago," said David Casper, U.S. CEO, BMO Financial Group. The 700-foot-tall building at 320 S. Canal St. is expected to be finished in spring 2022, BMO Harris Bank officials said. BMO Financial Group has been included in the Bloomberg Gender-Equality Index (GEI) for the seventh year in a row. BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. It was designed by Goettsch Partners and developed by Riverside Investment & Development along with Convexity Properties. At street level, the new towers primary faades express V-shaped structural transfers, which open up the ground floor. Opening in 2022, the BMO Tower will be built on a site adjacent to Union Station, Chicago's iconic train station, bringing approximately 3,600 BMO employees into a single building. The art exemplifies BMO's Purpose to Boldly Grow the Goodin business and in life. Visit your local Chicago, IL BMO Harris Branch location for our wide range of personal banking services. . BMO Harris Bank N.A. With tenant health and wellbeing as a central focus, 320 South Canal is pre-certified WELL Building Platinum and LEED Gold. Opening in 2022, the BMO Tower will be built on a site adjacent to Union Station, Chicago's iconic train station, bringing approximately 3,600 BMO employees into a single building. | Banking products and services are subject to bank and credit approval. Get Directions. The mural depicts a community garden within the Chicago skyline. Securities, investment advisory services and insurance products are offered through BMO Harris Financial Advisors, Inc. The 50-story BMO Tower is part of the redevelopment of the historic Chicago Union Station. BMO Commercial Bank, BMO Equipment Financeand BMO Transportation Financeare trade names used by BMO Harris Bank N.A. Will stand as a central focus, 320 South Canal building, 314 S. Canal Street, opening! ; Tom Irgens 414. largest privately owned public park space produced by in... The 1.5 million-square-foot project earlier this year, after securing a $ 476 million loan security policies of sites... 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