PHONE: 872-289-2300. The ground floor will contain a BMO Harris bank . BMO Harris Bank N.A. However, the authors and BMO Commercial Bank take no responsibility for any errors or omissions and do not guarantee their accuracy or completeness. Activate your Platinum, Platinum Rewards and Cash Back card: Activate your Premium Rewards or Premier Services Premium Rewards card: BMO Harris Bank Platinum Rewards Mastercard, BMO Harris Bank Premium Rewards Mastercard. Every shiny new skyscraper needs at least one restaurant for the office workers who will hopefully fill the space. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. 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. Skadden, Arps, Slate, Meagher . Urban Advantage. 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. Scroll through to see what you might have missed this week in banking, payments, credit unions and more. Heres some of whats on our to-do list. Danny Ecker. The 50-story BMO Tower is part of the redevelopment of the historic Chicago Union Station. Reservation prices may vary. Chicago Mayor Lightfoot was at the ground breaking with her shovel, DataBid is currently reporting on this project -. The art exemplifies BMOs Purpose to Boldly Grow the Good in business and in life. Trademark of Bank of Montreal in the United States and Canada. 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. Banking products and services are subject to bank and credit approval. The loan was scheduled to mature in 2020, but Union Bank extended that deadline to this year, according to people familiar with the property. 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. Amongst this programming will be offices, a fitness center, 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. Designed as a stepped, three-tiered building, the tower is oriented in the north-south direction along the east side of the site. Mayor Lightfoot stated that BMO is investing $10 million to the city's Invest South/West initiative through the United Way of Metro Chicago. In the first, a permit valued at $11,173,565 was . 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 . BMO Completes Acquisition of Radicle Group Inc. 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Launches New U.S. All Cap Equity ETF Series, BMO donation helps Yukon University establish new Permafrost Institute, BMO Establishes New, Innovative Energy Transition Group, Bringing Indigenous Perspectives to Canadians: First Nations University of Canada, Reconciliation Education and BMO launch new eLearning to mark National Indigenous History Month, BMO Financial Group Declares Dividends - May 26, BMO Financial Group Reports Second Quarter 2021 Results, The Future of Food & Agriculture: BMO Hosts World-Leading Farm to Market Conference for 16th Consecutive Year, Rush University System for Health and BMO Financial Group Announce $10 Million Donation to Create the Rush BMO Institute for Health Equity, BMO Shares Progress on IFC led Operating Principles for Impact Management in First Disclosure Statement, BMO Announces $250,000 Donation to Organizations Supporting Global Emergency COVID-19 Relief Efforts, A North American First: BMO Helps Gibson Energy Fully Transition Credit Facility to a Sustainability-Linked Loan, BMO to Chair Global Cross-Sector Biodiversity Initiative, Earth Day 2021: BMO Turns Trades into Trees, Forbes names BMO Harris Bank one of the Best Employers for Diversity 2021 for the third year in a row, Forbes names BMO Harris Bank among World's Best Banks 2021, BMO recognized by Environmental Finance's 2021 Bond Awards, BMO Issues C$750 million Women in Business Bond In Support of Women-Owned Businesses, BMO Commits $1.2 Million to SheEO Programs Helping Women-Led Venture Companies Access Financing, BMO Named One of the World's Most Ethical Companies by the Ethisphere Institute for the Fourth Year in a Row, BMO Financial Group Reports First Quarter 2021 Results, BMO Financial Group Declares Dividends - Feb 23, BMO to Host 30th Annual Global Metals & Mining Conference, BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking, BMO Financial Group joins the Partnership for Carbon Accounting Financials, BMO Financial Group ranked top bank in North America on Corporate Knights' 2021 Global 100 Most Sustainable Corporations in the World, BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online, BMO Employees Rally Together to Combat Economic and Social Disparity, BMO Financial Group Recognized by CDP for Best Practice in Climate Change, BMO Capital Markets Named Best Canadian Bank for USD/CAD for 10th Consecutive Year, BMO Financial Group Reports Fourth Quarter and Fiscal 2020 Results, BMO Financial Group Declares Dividends - Dec 1, BMO Ranked Among Most Sustainable Companies on Dow Jones Sustainability Index - North America. Union Station Tower is anticipating completion in 2022. 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. It was designed by Goettsch Partners and developed by Riverside Investment & Development along with Convexity Properties. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. 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. Interstate Parking Company LLC. A Union Bank spokeswoman declined to comment. Managers, who were . Century Tower, a Chicago landmark for nearly 100 years, is the best place to begin and end your day. "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 . The state-of-the-art, 50-story building is located . Links to other web sites do not imply the endorsement or approval of such web sites. Let us contact you; Call us at 1-888-360-6394; . Address 320 South Canal Street. Theres so much work in the prep, everything takes a bit less time on the line, Sorensen says. Chicago. Dec 10, 2018 at 3:20 pm. For assistance with accessible formats for online content, please The tower includes a state-of-the-art fitness center and a 1.5-acre green space. BMO Sponsor Finance is a brand name used by BMO Financial Corp and its affiliates. BMO Harris broke ground on Friday on a new headquarters tower in the West Loop. 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. 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 main floor of the tower features a brand new, technology-enabled branch, providing customers with a modern and open environment. 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. 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. They currently have three other offices in the Loop area: 115 South LaSalle Street, 111 West Monroe Street and 200 West Adams Street. BMO Harris Bank N.A. . Chicago's newest skyscraper, BMO Tower next to Union Station | Chicago, Illinois downtown Loop areaAlso see:One Chicago apartment, new Chicago skyscraper in . 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 mural depicts a community garden within theChicagoskyline. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Understanding that BMO's . 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. You should review your particular circumstances with your independent legal and tax advisors. 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. The modern marble lobby is complemented by warm wood accents and . You may have been stuck at home the past 15 months, but Chicago's ever-growing skyline didn't skip a beat. Chicago Mayor Lightfoot was at the ground breaking with her shovel along with bank officials. The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. BMO Harris, a staple in Chicago since 1861, will move its U.S. headquarters from its 100-year-old legacy space at 111 W. Monroe Street to a new 50-story namesake trophy tower adjacent to Union Station. 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 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. Please also read our Privacy Notice and Terms of Use, which became effective December 20, 2019. 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 building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, will add 1,500,000 square . 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. 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. Goettsch Partners designed the project. 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. Privacy Policy Please note important disclosures for content produced by BMO Capital Markets. Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago. Geoffrey Baer takes us on a tour in this week's Ask Geoffrey. Since topping off its concrete core in April, the high-rise at 320 S. Canal Street has received the rest of its structural steel. share : tweet : share 4 renderings. BMO Tower Tour. Take a tour below. 320 South Canal is a 50 story, Class A trophy office tower located at the intersection of Canal Street and Jackson Boulevard. We may also ask you to provide a copy of your driver's license or other identifying documents. 1:06. Im deeply grateful for BMOs latest investment in Chicago and for their continued support of our communities.. Fourteen floors of office space sit atop a nine-level climate-controlled parking garage and ground-floor retail. Coffee is from Hexe and Brewpoint. November 16 saw groundbreaking ceremonies for BMO Tower in Milwaukee, a 25-story office building that will serve as the new home for BMO Harris Bank. We may also ask you to provide a copy of your driver's license or other identifying documents. sentinel. Construction is going vertical for the Union Station Tower, also known as the BMO Tower, a 46-story office building in West Loop Gate. Authors and BMO Commercial bank take no responsibility for any errors or omissions and do not their... Who will hopefully fill the space at 1-888-360-6394 ;, everything takes a bit time. Is part of the historic Chicago Union Station, will add 1,500,000 square, which effective., Class a trophy office tower located at 320 s Canal St., in Chicago by Partners! 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