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. Enclosed climate-controlled parking; Convenient visitor parking with validation program; Electric car charging stations; High-speed entrance and exit doors Canal Street Market, at the 320 South Canal Building, 314 S. Canal Street, restaurant opening Thursday, August 25. Adult beverages will take center stage in September when another component, Afterbar, opens. Jun. BMO Harris Bank will consolidate its Chicago offices in 2022 at a new 50-story tower next to Union Station, the bank . The lease with Baker Tilly follows other recent announcements to bring new companies to 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. BMO Tower has two anchor tenants: BMO Harris Bank, with 123,000 square feet, and Michael Best & Friedrich, with 59,000 square feet. You should review your particular circumstances with your independent legal and tax advisors. and its affiliates do not provide legal or tax advice to clients. 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. To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. The BMO Tower is a 51-story, 727 feet (222 m) skyscraper in the West Loop neighborhood of Chicago, Illinois, and sits directly south of the Union Station rail terminal. The state-of-the-art, 50-story building is located at 320 S Canal St., inChicago'sWest Loop Gate neighborhood. 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. Designed by Kahler Slater ( Westin Milwaukee ), the tower will feature 380,000 rentable square feet, and 647 parking spaces through the 8th floor. At street level, the new towers primary faades express V-shaped structural transfers, which open up the ground floor. Morning pastries come from Zachary Dawson whos making treats including a Saigon cinnamon roll with cream cheese frosting. "BMO Tower will stand as a testament to our city's thriving corporate amenities and bustling downtown area. JLL is playing up the cash flow from BMO Harris' lease as a valuable source of income in the meantime, sources said. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. 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. 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. "BMO Tower represents a major investment by BMO in Chicago," said David Casper, U.S. CEO, BMO Financial Group. BMO Tower's highly walkable location in the heart of downtown provides immediate access to the Theater District, Milwaukee Riverwalk, restaurants and hotels. It features a glassy facade with vertical striping and large chevron-shaped structural supports at its base. Im deeply grateful for BMOs latest investment in Chicago and for their continued support of our communities.. A single-function tall building is defined as one where 85% or more of its usable floor area is dedicated to a single usage. A mixed-use tall . BMO Tower Garage - 654 spots. 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 opinions, estimates and projections, if any, contained in these articles are those of the authors and may differ from those of other BMO Commercial Bank employees and affiliates. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors, and enhance tenant operational efficiency. BMO Tower, completed in 2021, is one of the newest multi-tenant buildings in downtown Milwaukee. 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. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. Feb 1998 - Jan 20079 years. "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. Let us contact you; Call us at 1-888-360-6394; . You may have been stuck at home the past 15 months, but Chicago's ever-growing skyline didn't skip a beat. Connected to Union Station via an enclosed pedway, 320 South Canal offers direct access to the Metra Metra train concourse and Amtrak trains. The material contained in articles posted on this website is intended as a general market commentary. BMO Harris broke ground on Friday on a new headquarters tower in the West Loop. Dec 10, 2018 at 3:20 pm. Large terraces at each setback offer outdoor amenity spaces with expansive views of downtown. The ground floor will contain a BMO Harris bank . 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. 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 . Visit your local Chicago, IL BMO Harris Branch location for our wide range of personal banking services. The art exemplifies BMO's Purpose to Boldly Grow the Goodin business and in life. Spokespersons for Samsung and JLL did not respond to requests for comment. CONTACT. Chicago, IL 60601 BMO Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. 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. (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. Getting to the How of an Energy-Transition Economy, The Delta Surge and Impacts on a Reopening, Private Capital Seizing the Stage in U.S. Middle Market, M&A Markets Active Despite Macroeconomic Backdrop, 50-story tower at 320 S Canal St. will serve as BMO's U.S. Headquarters for decades to come, Building designed to achieve WELL Building Platinum & LEED Gold standards. 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. 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. BMO Tower was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and wellbeing. (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 . Harris & Co. (1882-1907) M&I Marshall & Ilsley Bank (1847-2012) . Clark Construction laid the final beam at BMO Tower in Chicago's Loop, topping out at 51 stories on April 24. Third party web sites may have privacy and security policies different from BMO Harris. 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. Function. Trademark of Bank of Montreal in the United States and Canada. Hines is developing Salesforce Tower Chicago in partnership with longtime land owner, the Joseph P. Kennedy Family. 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 . The main floor of the tower features a brand new, technology-enabled BMO branch, providing customers with a modern and open environment. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. Both were to move there in early 2020. "BMO (M-Bar roundel symbol)" is a registered trademark of Bank of Montreal, used under license. Oops. June 24, 2022 2:33 PM. 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. Registered trademark of Bank of Montreal in the United States, Canada and elsewhere. BMO Tower. BMO Tower signals our commitment to the city, the economic development of the area and our own future growth in Chicago and throughout the U.S. "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 . 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. Designed and constructed by leaders in architecture and construction, 320 South Canal is a culmination of vision, dedication, and purpose by a seasoned and accomplished team. The BMO Tower is a transformational new 50-story office space completed in 2022 and located in Chicago's West Loop Gate neighborhood. 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. We may also ask you to provide a copy of your driver's license or other identifying documents. BMO collaborated with non-profit groupIPaintMyMindto engage a local artist to paint a mural on the 17thfloor. The firm plans to set . All Rights Reserved. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Plenary pleasures. At 727 feet, the skyscraper is one of Chicago's tallest new office buildings, spanning a total of 1.5 million square feet. 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. Construction is going vertical for the Union Station Tower, also known as the BMO Tower, a 46-story office building in West Loop Gate. (Abel Uribe / Chicago Tribune) 771 N Broadway St. Juneau Town. Designed as a stepped, three-tiered building, the tower is oriented in the north-south direction along the east side of the site. The buildings subtly folded faade creates an ever-changing texture that reinforces the verticality of the building. Officials at the Canadian bank (NYSE: BMO) said the . BMO Harris Bank N.A. With those departures looming and the COVID-19 pandemic fueling record-high downtown office vacancy, it would be highly unlikely that the venture of Seoul, South Korea-based Samsung Life Insurance that owns the properties would be able to refinance its mortgage. Central to BMO . Its a place you can come to multiple times a week and dont feel guilty about breaking the bank.. Milwaukee, WI 53202. 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. Visit us for our wide range of personal banking services. 333 West Wolf Point Plaza. 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. The 700-foot-tall building at 320 S. Canal St. is expected to be finished in spring 2022, BMO Harris Bank officials said. Downtown tower rising along South Canal almost complete, Netflix looks to curb password sharing, considers ads, Aiming to predict COVID, future pandemics better, CDC opens infectious diseases forecasting center, Joliet farmers wrangle cows thrown from semitrailer after crash on Interstate 80, 1 killed, 3 wounded in shootings Tuesday in Chicago, Obama relatives sue Milwaukee school alleging racial bias, Unmasked transit: Pritzker ends mask mandates in public transportation, airports, Lightfoot is out, Vallas and Johnson are in the April runoff, Chicago police officer dies after exchanging gunfire at close range with suspect in Gage Park, Analysis: How Lightfoot went from political rock star to rock bottom, Patrick Kane leaves Chicago with clear legacy: Blackhawks greatest player of all time, Mayor Lori Lightfoot was in a fight she couldnt have won, Northwestern falls to Penn State in OT for third consecutive loss, Bulls nearly blow 21-point lead but survive against Pistons, Defensive whiz Richard Zoller, high-flying Angelo Ciaravino help Mount Carmel take down Hyde Park. The building was designed to incorporate mobility, innovative technology . Get Directions. As seen Rejournals. Theres so much work in the prep, everything takes a bit less time on the line, Sorensen says. "BMO Tower will stand as a testament to our city's thriving corporate amenities and bustling downtown area. and its affiliates do not provide legal or tax advice to clients. BMO Financial Group signed on to occupy 500,000 square feet in the 1.5 million-square-foot, 51 floor namesake Chicago skyscraper. 90 Mins $13.00. Tell us three simple things to Urban Advantage. 2. Open Today 0900-1700 0900-1700 0900-1700 0900-1700 0900-1700 . Angelo Ciaravino and Richard Zoller both have a way of getting their Mount Carmel teammates and the crowd fired up. Keywords: BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Fidelity National Information Services. The company will take 14 floors. Venue: 320 S. Canal Sreet, Chicago. Branch details for you local BMO Harris Branch in Chicago, IL. 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. Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. Sorensen says a cacio e pepe using mafaldine and confit tomatoes will be a star, as will a calamarata with grilled shrimp. BMO Tower. customize your experience. Baker Tilly accounting and business advisory firm, one of the larger tenants at downtown Milwaukee's U.S. Bank Center, is moving to another downtown office high-rise. BMO, which is part of Toronto-based BMO Financial Group, has branches in Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida and Wisconsin. Address 320 South Canal Street. sentinel. | 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. The mural depicts a community garden within theChicagoskyline. Mayor Lori Lightfoot was among the dignitaries on hand Thursday as crews hoisted the final beam into place atop the soon-to-be-completed BMO Tower. On June 24, BMO celebrated the grand opening of BMO Tower Chicago, our new U.S. Headquarters. The new tower, located at 320 S. Canal, is expected to be completed in 2022 and will become the bank's US headquarters per Biz Journals. 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. Skip navigation. Understanding that BMO's . 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.. One challenge for Union Bank as it looks to unload the BMO properties is that they're not the only big office building on the block with imminent distress. Posts: 3,851 Quote: . BMOCMC Client Relationship Summary. The tower includes a state-of-the-art fitness center and a 1.5-acre green space. This information is being used to support the promotion or marketing of the planning strategies discussed herein. Since topping off its concrete core in April, the high-rise at 320 S. Canal Street has received the rest of its structural steel. Designed to incorporate mobility, innovative technology to paint a mural on the 17thfloor with your legal! Local artist to paint a mural on the line, Sorensen says stand a... 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