Address 320 South Canal Street. "BMO Tower represents a major investment by BMO in Chicago," said David Casper, U.S. CEO . The program consists of 1.5 million square feet of Class A office space and associated amenities, including two levels of underground parking. BMO Tower includes a state-of-the-art fitness center and a 1.5-acre green space. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicagos West Loop Gate neighborhood. Two building permits issued recently associated with the BMO Tower, otherwise described by its address 320 S. Canal St. adjacent to Union Station, show the scale and scope of the project and indicate how big city lawyers can spend more than $25 million on their office set-up in the West Loop. Fidelity National Information Services. BMO Tower. "BMO Capital Markets" is a trademark of Bank of Montreal, used under license. Privacy Policy A single-function tall building is defined as one where 85% or more of its usable floor area is dedicated to a single usage. Like other Chicagoans, we have ideas about what the next mayor should do. ", "Each year, more corporations are realizing the incredible potential of our city to launch and grow a successful business," saidChicagoMayorLori E. Lightfoot. The project also includes a 1.5-acre publicly accessible park atop a . The Green features a robust schedule of events and activities including fitness classes, live music, performance art, and more - all free . Join Date: Oct 2004. June 24, 2022 2:33 PM. The 50-story building, just south of Union Station in West Loop, already unveiled a grab-and-go market. Heres some of whats on our to-do list. Clark Construction laid the final beam at BMO Tower in Chicago's Loop, topping out at 51 stories on April 24. BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMOs new U.S. Headquarters. Van Schaack said the pandemic has set back leasing efforts "a good 18 months," but he . February 08, 2022 11:06 AM. 24, 2022, 10:25 AM. Mark F. Irgens, the developer of the BMO Tower, said it might not reach "normal" occupancy until the end of the year. Similar to our approach on other buildings, we pay particular attention to how the building meets the ground, which is as important to pedestrians as it is to the building tenants, said Joachim Schuessler, principal and senior project designer at Goettsch Partners. 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. | Chicago-based Goettsch Partners designed the newly topped-off high-rise. BMO Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. Chicago, IL 60601 The office tower and park will bring vibrant, complementary additions to the city.. 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. Member FDIC. BMO Sponsor Finance is a brand name used by BMO Financial Corp and its affiliates. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. See how DataBid can help your company find projects and increase your odds of winning. Location: Chicago. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. You should review your particular circumstances with your independent legal and tax advisors. BMO will never contact you via unsolicited email, text or phone call asking for sensitive information, passwords, PINs or one-time passcodes. Learn about us. In addition to our rooftop deck and convenient on-site dry cleaning with Pressbox, an entire suite . This information is being used to support the promotion or marketing of the planning strategies discussed herein. The building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, will add 1,500,000 square . It was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and wellbeing and incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. Kevin Bermingham President - Electric Group Ltd. Access public & private sector construction bids with a free trial to DataBid.com. Please review the privacy and security policies of web sites reached through links from BMO web sites. Bmo Tower. Mayor Lori Lightfoot was . Get Directions. Located at 310 S. Canal St., the 50-story BMO Tower is the second-largest office development under construction in Chicago. Companies collectively moving out of offices faster than they are moving in has recently triggered an uptick in downtown office distress, with a handful of foreclosure lawsuits and shrinking bottom lines among many other owners. Third party web sites may have privacy and security policies different from BMO Harris. Our bonus coverage begins with a pair of stories on the growing buy now/pay later sector. Jun. The transformational new office space was designed to reflect the future of BMO, one that provides an exciting, vibrant environment for customers to conduct their banking, and for employees to work. +1 414-431-6555. Canal Street Market, at the 320 South Canal Building, 314 S. Canal Street, restaurant opening Thursday, August 25. The 1.5 million-square-foot high-rise was face competition from the 1.4 million-square-foot Bank of America tower under construction at 110 N. Wacker, the planned 1.2 million-square-foot . June 30, 2022 | Diversity, equity and inclusion, Strategy. BMO Tower will stand as a testament to our citys thriving corporate amenities and bustling downtown area. If the requested information is not provided within 30 calendar days, the account will be subject to closure. Greater Chicago Area. The main floor of the tower features a brand new, technology-enabled BMO branch, providing customers with a modern and open environment. Interstate Parking Company LLC. Were the largest bank in the world that has its U.S. headquarters in Chicago, a market in which we have a long, proud history of over 160 years., "Each year, more corporations are realizing the incredible potential of our city to launch and grow a successful business," said Chicago Mayor Lori E. Lightfoot. The Italian restaurant is quite a red sauce American spot, nor does it gravitate toward a specific region. 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. Mayor Lightfoot stated that BMO is investing $10 million to the city's Invest South/West initiative through the United Way of Metro Chicago. Mark Irgens 414.443.2520 mirgens@irgens.com; Tom Irgens 414. . L. 107 56 signed into law October 26, 2001)) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. 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. Riverside Investment & Development broke ground on the 1.5 million-square-foot project earlier this year, after securing a $476 million loan. BMO Tower, center. 2. Serving customers for 200 years and counting, BMO is a highly diversified financial servicesprovider - the 8th largest bank, by assets, inNorth America. PHONE: 872-289-2300. Central to BMO's business transformation strategy, it will soar 700 feet and 50 stories high, featuring progressive work design to enhance collaboration and attract top talent. But the headaches began in 2018 when the bank announced it would leave LaSalle Street for its new namesake tower. Zach LaVine finished with a game-high 41 points, DeMar DeRozan added 21 and Patrick Beverley had a double-double with 10 rebounds and 10 assists. "BMO Tower represents a major investment by BMO inChicago," saidDavid Casper, U.S. CEO, BMO Financial Group. Visit us for our wide range of personal banking services. I'm deeply grateful for BMO's latest investment in Chicago and for their continued support of our communities.". 45 Mins $8.00. Chicago's newest skyscraper, BMO Tower next to Union Station | Chicago, Illinois downtown Loop areaAlso see:One Chicago apartment, new Chicago skyscraper in . Find out how to promote this project on UrbanToronto. The new building, called Salesforce Tower or 333 Wolf Point Plaza, will total 1.2 million square feet. The loan was scheduled to mature in 2020, but Union Bank extended that deadline to this year, according to people familiar with the property. TRD Staff. Adult beverages will take center stage in September when another component, Afterbar, opens. The art exemplifies BMO's Purpose to Boldly Grow the Goodin business and in life. Amongst this programming will be offices, a fitness center, a . The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. Dec 20, 2019. The main floor of the tower features a brand new, technology-enabled branch, providing customers with a modern and open environment. The future tower, which will open in 2022, will be 50 stories in height with over 1.4 million square feet of office space, taking its place as one of the tallest new . Peterson is also in charge of the wine and beer selections. Address 310 South Canal Street, Chicago, 60606, United States Category Commercial (Office) Status Pre-Construction Height 727 ft / 221.58 m We may also ask you to provide a copy of . 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 . Something went wrong. JLL is playing up the cash flow from BMO Harris' lease as a valuable source of income in the meantime, sources said. 320 South Canal, also known as the BMO Tower, is a new 50-story commercial office building adjacent to Union Station in Chicago. This project will activate a prime site that has been largely underutilized next to Chicagos busiest commuter station, said James Goettsch, FAIA, chairman and co-CEO at Goettsch Partners, as well as the design leader for the project. Enclosed climate-controlled parking; Convenient visitor parking with validation program; Electric car charging stations; High-speed entrance and exit doors Salesforce Tower Chicago will be the third phase of the Wolf Point master plana three-phase development designed by Pelli Clarke Pellilocated on one of the last remaining riverfront sites in Downtown Chicago. BMO Tower. Developed by Riverside Investment & Development, BMO Tower aligns with BMOs Zero Barriers to Inclusion 2025 strategy by supporting and enabling all employees to do their best work. BMO Tower's highly walkable location in the heart of downtown provides immediate access to the Theater District, Milwaukee Riverwalk, restaurants and hotels. THE GREEN AT 320 SOUTH CANAL IS NOW OPEN! Design features include 29K-32K RSF efficient floor plates, 96 finished ceiling heights (12 on select floors), private terraces on select floors, and the well-appointed amenities todays workforce expects. Member FDIC. For assistance with accessible formats for online content, please BMO Financial Group has been included in the Bloomberg Gender-Equality Index (GEI) for the seventh year in a row. Skadden, Arps, Slate, Meagher . The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. Keywords: BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. contact, BMOCMC Fixed Income Commentary Disclosure, BMOCMC FICC Macro Strategy Commentary Disclosure. May 11, 2021. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC . Chicago Office:150 North Riverside PlazaSuite 1800Chicago, Illinois 60606312.788.1800, Denver Office:1099 18th StreetSuite 2880Denver, Colorado 80202303.353.1262, 2023 Riverside Investment & Development. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. 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. Understanding that BMO's . 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. Banking products and services are subject to bank and credit approval. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. 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