The Reed at Southbank scores its foundation permit

The foundation permit, issued June 7.

FOUNDATIONS ONLY PERMIT FOR THE NEW CONSTRUCTION OF A HIGH RISE RESIDENTIAL BUILDING

And with those words, issued by the City of Chicago Monday, The Reed at Southbank may begin construction. Lendlease is the general contractor, with McHugh Concrete doing the concrete work. (Note: in “official” contractor-speak, the tower crane “belongs” to the concrete contractor. But around here, we aren’t diligent enough to find and name all the sub-contractors on construction projects, so the general contractor is credited for the tower crane. We don’t mean to slight anyone; it’s just how we do it.)

The Reed at Southbank will be the second tower at Lendlease’s Southbank development. Its first, The Cooper, opened in 2018. The Reed, also designed by Perkins + Will, will be a 41-story mix of apartments and condominiums

They’ve been out there tearing up the ground for while now, prepping the site and doing that vertical shaft thing we mentioned before. But now it’s time for the real fun to start.

Rendering from The Reed at Southbank website.

Earth is being moved at The Reed at Southbank

Drilling an individual vertical shaft (layman’s term) for The Reed at Southbank.

“Vertical access shafts” are a thing. Which explains why crews are at the future home of The Reed at Southbank are tearing up the yard and digging in the dirt. For-real construction is expected to begin by the time summer months arrive in Chicago. Lendlease will, of course, be their own general contractor, in addition to their developer duties.

The Reed at Southbank will be the second tower at Lendlease’s Southbank development. Its first, The Cooper, opened in 2018. The Reed will be a 41-story mix of apartments and condominiums. This is how Lendlease describes it:

THE REED AT SOUTHBANK

Developed and constructed by Lendlease, The Reed is a 41-story luxury residential high-rise located at 234 W. Polk Street, as the next phase of its Southbank neighborhood development in Chicagos South Loop. The new building, which will offer 216 luxury condominiums on its upper floors and 224 rental apartments located on floors 9 through 22, marks the second residential tower in Southbank, a 7-acre master plan centered around 2 acres of public green space, known as Southbank Park, along the South Branch of the Chicago River.

The Reed boasts two well-appointed amenity suites for residents to enjoy, including a 12,000-square-foot outdoor amenity deck on the eighth floor overlooking Southbank Park. Residents will share access to an indoor amenity space on the eighth floor and owners will have exclusive use of an additional amenity space on the second floor, which is at grade with Southbank Park. The intentional placement of the second-floor amenities and use of full-height windows is intended to establish continuity between the park and tower, according to project architect Perkins+Will, which also designed The Cooper and the broader Southbank master plan.

Condo layouts include one, two- and three-bedroom plans priced from the $390,000s and ranging in size from 630 to 1,670 square feet. Occupying floors 23 to 41 of the tower, The Reeds condominiums celebrate the buildings idyllic location with floor-to-ceiling windows that showcase stunning views of the skyline, Lake Michigan and Chicago River, as well as Southbank Park, which borders the northern side of the building. The towers interiors pay homage to the surrounding neighborhood with an industrial-chic aesthetic that is realized through concrete ceilings and metal finishing throughout residences.

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