Canal Street Market, at the 320 South Canal Building, 314 S. Canal Street, restaurant opening Thursday, August 25. BMO Financial Group has confirmed plans to anchor a new 50-story office tower adjacent to Union Station, in a deal that will move 3,600 downtown employees into a . TRD Staff. View Store Details. Chicago Mayor Lightfoot was at the ground breaking with her shovel, DataBid is currently reporting on this project -. 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. It features a glassy facade with vertical striping and large chevron-shaped structural supports at its base. "BMO (M-Bar roundel symbol)" is a registered trademark of Bank of Montreal, used under license. Understanding that BMO's . The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. 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. 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. 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. (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 (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. Get Directions. Feb 1998 - Jan 20079 years. Harris & Co. (1882-1907) M&I Marshall & Ilsley Bank (1847-2012) . Securities and insurance products offered are: NOT FDIC INSURED NOT BANK GUARANTEED NOT A DEPOSIT MAY LOSE VALUE. The state-of-the-art, 50-story building is located . BMO is expected to be the single largest tenant, with 3,000 of the companys 7,000 Chicago-area employees moving into the new building. . This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. +1 414-431-6555. The buildings subtly folded faade creates an ever-changing texture that reinforces the verticality of the building. Slowly, workers are filling their BMO offices. BMO Tower was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and wellbeing. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. and its affiliates do not provide legal or tax advice to clients. The program consists of 1.5 million square feet of Class A office space and associated amenities, including two levels of underground parking. Irgens. Adult beverages will take center stage in September when another component, Afterbar, opens. The building was designed to incorporate mobility, innovative technology . Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago.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, 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. Goettsch Partners designed the project. (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. A rendering showing BMO Tower (right) and Union Station (left). Tell us three simple things to Trademark of Bank of Montreal in the United States and Canada. Large terraces at each setback offer outdoor amenity spaces with expansive views of downtown. Skip navigation. Function. 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. The transformational new office space was designed to reflect the future of BMO, one that provides an exciting, vibrant environment for BMO customers to conduct their banking, and for employees to work. Banking products and services are subject to bank and credit approval. With total assets of$1.04 trillionas ofApril 30, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets. The office tower and park will bring vibrant, complementary additions to the city.. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. These articles are for informational purposes only. Mayor Lori Lightfoot was . Please review the privacy and security policies of web sites reached through links from BMO web sites. Visit us for our wide range of personal banking services. At 727 feet, the skyscraper is one of Chicago's tallest new office buildings, spanning a total of 1.5 million square feet. Reserve. BMOCMC Client Relationship Summary. Reprints. Need the details on a specific Project or Company? With newly-renovated or classic apartment designs in studio, one, two, and three bedroom floor plans, there is an apartment for every lifestyle. (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 . Its called the Eatery. That pain could worsen this year as more leases expire, especially pummeling older and outdated properties that are losing tenants to newer and higher-quality buildings. With 150 Riverside, 444 West Lake, and Wanda Vista, and these towers, Chicago's river canyon is going to be incredible. Venue: 320 S. Canal Sreet, Chicago. Fidelity National Information Services. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. Spokespersons for Samsung and JLL did not respond to requests for comment. 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. Central to BMO . 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 Chicagos Central Business District. E-mail oureditor Third party web sites may have privacy and security policies different from BMO. Located directly south of the 1925-built Union Station headhouse building, the 2.2-acre, full-block site is positioned in a rapidly changing area of the West Loop, with close connections to transit and the major expressways. The space is developed by Riverside and Convexity Properties and designed by Goettsch Partners. Third party web sites may have privacy and security policies different from BMO. 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 Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. The LoopLink CTA bus lines are steps away at the Union Station Transit Center directly North of the building. Theres so much work in the prep, everything takes a bit less time on the line, Sorensen says. 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. The building is oriented in the north-south direction along the east side of its site and features a subtly folded faade. "BMO Tower represents a major investment by BMO inChicago," saidDavid Casper, U.S. CEO, BMO Financial Group. BMO Tower includes a state-of-the-art fitness center and a 1.5-acre green space. The New York City law firm that anchored the new office tower at Chicago's 155 North Wacker Drive is downsizing its space with a move to another new skyscraper. BMO Tower/Goettsch Partners. 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 . Theres a park open to the public near the space, and the bar will have a 42-seat patio. Sorensen says theyre not sacrificing quality for speed and that the morning prep time is a little bit more labor intensive to compensate. 320 South Canal, also known as the BMO Tower, is a new 50-story commercial office building adjacent to Union Station in Chicago. The very large structural transfers open up the ground floor of the building in a way that the lobby becomes a part of the streetscape and the streetscape becomes a part of the lobby.. BMO Tower's highly walkable location in the heart of downtown provides immediate access to the Theater District, Milwaukee Riverwalk, restaurants and hotels. Expand. 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 . 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 Tower Garage - 654 spots. Both additions were designed by the firm of Skidmore, Owings and Merrill and are in the modern style. 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, center. In addition to our rooftop deck and convenient on-site dry cleaning with Pressbox, an entire suite . The 50-story BMO Tower is part of the redevelopment of the historic Chicago Union Station. Member FINRA /SIPC .SEC-registered investment adviser. Big lakefront high-rise in the Gold Coast hits the market after apartment conversion, Two office landlords defaulting may be just the beginning, Sponsored Content: Accountability today for a sustainable tomorrow, The Most Powerful Women In Chicago Business. February 08, 2022 11:06 AM. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. 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. The owner of the adjacent Loop buildings that are losing BMO Harris Bank's U.S. headquarters is set to hand over the properties to its lender, which is now marketing the debt on the buildings for sale and teeing up a likely financial blow to both. BMO Commercial Bank, BMO Equipment Financeand BMO Transportation Financeare trade names used by BMO Harris Bank N.A. Function. Clark Construction laid the final beam at BMO Tower in Chicago's Loop, topping out at 51 stories on April 24. In 1974, a second 38-story tower was added to the west with the address of 115 South LaSalle Street. From our early years, right up to today we've always been proud of our role boldly growing the good in our great city. 333 West Wolf Point Plaza. The breakfast sausage uses maple crystals from gourmet ingredient vendor Rare Tea Cellar to give it a little bit more of a sweeter kick. share : tweet : share 4 renderings. 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. 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. The tower will have the following features: - 50 stories high - 1.4 million square feet of office space - 400 stall parking garage - High-tech BMO branch bank on ground floor - 1.5 acre park adjacent to the tower. BMO Tower Tour. Since topping off its concrete core in April, the high-rise at 320 S. Canal Street has received the rest of its structural steel. Click below to see everything we have to offer. BMO Tower, developed by Riverside Investment & Development, aligns with BMO's Zero Barriers to Inclusion 2025 strategy by supporting and enabling all employees to do their best work. New York-based Union Bank has hired brokerage Jones Lang LaSalle to sell the nearly $191 million loan tied to the office buildings at 115 S. LaSalle St. and 111 W. Monroe St., according to sources familiar with the offering. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. "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. hbspt.cta._relativeUrls=true;hbspt.cta.load(494622, '254e384c-6fb4-447b-a002-0dcb8bf3a391', {"useNewLoader":"true","region":"na1"}); "With DataBid, its easy to see all the information you care about in one place and use it to make faster better informed decisions." Chapman & Cutler followed suit, and the pandemic subsequently crushed whatever long odds Samsung already had to backfill the vacated space. However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. We may also ask you to provide a copy of your driver's license or other identifying documents. Milwaukee, WI 53202. 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 Harris Bank will consolidate its Chicago offices in 2022 at a new 50-story tower next to Union Station, the bank . 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 . Chicago, IL 69,847 followers . The Samsung venture took out the loan in 2015 to finance its nearly $315 million acquisition of the BMO properties, according to Cook County property records. 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Connected to Union Station via an enclosed pedway, 320 South Canal offers direct access to the Metra Metra train concourse and Amtrak trains. Jun 24, 2022. Something went wrong. 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. 115 S. LaSalle Street and 320 S. Canal Street (Google Maps) Debt tied to office buildings in Chicago's Loop is set to be sold for a loss as major tenants . BMO Tower, completed in 2021, is one of the newest multi-tenant buildings in downtown Milwaukee. 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. "Nesbitt Burns" is a registered trademark of BMO Nesbitt Burns Inc, used under license. This information is not intended to be tax or legal advice. CHICAGO, June 24, 2022 /CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. The tower and new public space are part of the larger redevelopment of Chicago Union Station, along with additional adjacent real estate owned by Amtrak. 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. BMO Financial Group has been included in the Bloomberg Gender-Equality Index (GEI) for the seventh year in a row. We may also ask you to provide a copy of your driver's license or other identifying documents. You should review your particular circumstances with your independent legal and tax advisors. 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. Designed by Goettsch Partners for Riverside . and its affiliates do not provide legal or tax advice to clients. (Abel Uribe / Chicago Tribune) Bank of Montreal Financial Group officials said their new 50-story BMO Tower at 320 S. Canal St. in Chicago is officially open. Click here to get the full experience on your screen. Other amenities include a state-of-the art fitness and wellness center, a hotel quality conference facility, a cafe for grab & go food options, sit-down dining, and a bar on the park all enhancing the tenant work experience. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. Poblocki Sign Company fabricated and installed the BMO letters and logo on the . Take center stage in September when another component, Afterbar, opens a subtly folded creates... Oriented in the Bloomberg Gender-Equality Index ( GEI ) for the seventh year a! To backfill the vacated space Tower next to Union Station ( left ) innovative! 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