The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. 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. If you get an email . BMO Tower, Chicago. BMO Sponsor Finance is a brand name used by BMO Financial Corp and its affiliates. CHICAGO,June 24, 2022/CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower,Chicago, BMO's new U.S. Headquarters. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. 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 . 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. Chicago's newest skyscraper, BMO Tower next to Union Station | Chicago, Illinois downtown Loop areaAlso see:One Chicago apartment, new Chicago skyscraper in . The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. The lease with Baker Tilly follows other recent announcements to bring new companies to BMO Tower . Amongst this programming will be offices, a fitness center, a . Jun. Samsung has collected an undisclosed amount of net operating income from the buildings since then, and BMO Harris still has multiple lease commitments in place, including a large portion of its space that is leased through 2025, according to research firm Real Capital Analytics. The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. 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. JLL is playing up the cash flow from BMO Harris' lease as a valuable source of income in the meantime, sources said. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors, and enhance tenant operational efficiency. The market will supply canned wine (sorry, glass isnt allowed outside) and charcuterie boards so customers could enjoy the outdoor space. We may also ask you to provide a copy of your driver's license or other identifying documents. 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. Theres a park open to the public near the space, and the bar will have a 42-seat patio. . "BMO Capital Markets" is a trademark of Bank of Montreal, used under license. Like other Chicagoans, we have ideas about what the next mayor should do. "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. 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. 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. 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 . We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. Address. Dec 10, 2018 at 3:20 pm. The LoopLink CTA bus lines are steps away at the Union Station Transit Center directly North of the building. Location: Chicago. 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. "BMO Tower represents a major investment by BMO in Chicago," said David Casper, U.S. CEO . Get Directions. The office tower and park will bring vibrant, complementary additions to the city.. Member FDIC. As seen Rejournals. BMO Harris Bank N.A. Nearly 3,600 employees will occupy 495,000 square feet, or 14 floors, of the 50-story, 1.3 million-square-foot tower. Visit your local Chicago, IL BMO Harris Branch location for our wide range of personal banking services. The modern marble lobby is complemented by warm wood accents and . May 11, 2021. BMO Harris is a unit of Montreal, Canada-based Bank of Montreal. 320 South Canal is a 50 story, Class A trophy office tower located at the intersection of Canal Street and Jackson Boulevard. The building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, will add 1,500,000 square . BMO Harris Bank N.A. But the headaches began in 2018 when the bank announced it would leave LaSalle Street for its new namesake tower. Reservation prices may vary. BMO Tower will feast at Canal Street Market. Please enter a valid email and try again. Sorensen says theyre not sacrificing quality for speed and that the morning prep time is a little bit more labor intensive to compensate. Our bonus coverage begins with a pair of stories on the growing buy now/pay later sector. 2023 Riverside. Function. Every shiny new skyscraper needs at least one restaurant for the office workers who will hopefully fill the space. BMO is Read more, BMO was proud to be theTitle Sponsorfor the 32nd AnnualBlack Law Students' Association of Canada(BLSA Canada) National Conference, which hosted nearly 500 law and pre-law students, lawyers, legal professionalsand community Read more, Many young women face a complex combination of barriers to leadership, such as harmful gender norms, discrimination and negative perceptions that may either deny or impede them from unleashing their Read more. The program consists of 1.5 million square feet of Class A office space and associated amenities, including two levels of underground parking. 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. Open 7 a.m. to 3 p.m. on weekdays. 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 . 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. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. Privacy Policy . In this way, the park becomes an integral part of the building, and the building serves as an extension of the park. 1:06. 1-877-812-1590. Interstate Parking Company LLC. (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. Click below to see everything we have to offer. Just think about how different it will be than 15 years ago? Formerly: N.W. customize your experience. The tower will have the following features: - 1.4 million square feet of office space, - High-tech BMO branch bank on ground floor. That's why Samsung is now poised to hand over the keys to the lender, which is likely to sell the loanand therefore the propertiesfor far less than the value of the debt, sources said. Links to other web sites do not imply the endorsement or approval of such web sites. A Union Bank spokeswoman declined to comment. Central to BMO . On December 20, BMO began a new chapter, joining Chicago Mayor Lori Lightfoot to break ground on a new 600-ft., 50-story office tower that will build on our already rich Chicago history. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is not intended to be tax or legal advice. BMO Tower, developed by Riverside Investment & Development, aligns with BMOs Zero Barriers to Inclusion 2025 strategy by supporting and enabling all employees to do their best work. June 24, 2022 2:33 PM. BMO Tower Garage - 654 spots. 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. You may have been stuck at home the past 15 months, but Chicago's ever-growing skyline didn't skip a beat. 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 Tour. Mayor Lightfoot stated that BMO is investing $10 million to the city's Invest South/West initiative through the United Way of Metro Chicago. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. The park/plaza will be designed by Wolff Landscape Architecture. Peterson is also in charge of the wine and beer selections. Riverside Investment & Development broke ground on the 1.5 million-square-foot project earlier this year, after securing a $476 million loan. Thus a building with 90% office floor area would be said to be an "office" building, irrespective of other minor functions it may also contain. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. A mixed-use tall . In 1974, a second 38-story tower was added to the west with the address of 115 South LaSalle Street. In the first, a permit valued at $11,173,565 was . The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicago's West Loop Gate neighborhood. 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. The project is from Spearhead Hospitality, the operators of the Robey Hotel in Wicker Park and the recently closed Chikatana Mexican restaurant in Fulton Market. Links to other web sites do not imply the endorsement or approval of such web sites. Address 320 South Canal Street. 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. Large terraces at each setback offer outdoor amenity spaces with expansive views of downtown. BMO Harris Bank N.A. 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. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. BMO Commits $5 Billion to Advance Inclusive Economic Recovery in the U.S. BMO Financial Group Reaches Key Milestone in Matching 100 Per Cent of Electricity Usage with Renewables, BMO Financial Group Recognized as One of the World's Most Sustainably Managed Companies in New Wall Street Journal Ranking, BMO Capital Markets to Donate C$1.6 Million Following 16th Annual Equity Through Education Trading Day, Media Advisory - BMO Capital Markets Celebrates 16 Years of the Equity Through Education Trading Day, BMO Unveils New Diversity and Representation Goals for Next Five Years, BMO Financial Group Reports Third Quarter 2020 Results, BMO Financial Group Declares Dividends - Aug 25, Forbes ranks BMO Harris Bank as one of Americas Best Employers for Women in 2020, Tracking the Recovery: BMO Economics Introduces Canadian Business Activity Index, BMO Announces Next Steps in Eliminating Racial Injustice, BMO Report: America's Post-Pandemic Economic Prospects, BMO Capital Markets to host 2020 Prescriptions for Success Healthcare Virtual Conference, BMO Financial Group Declares Dividends - May 27, BMO Financial Group Reports Second Quarter 2020 Results, An Update to Our Clients: Working Through and Beyond the Pandemic, BMO Capital Markets Hosts Virtual 15th Annual Farm to Market Conference, BMO Financial Group to Source 100 Per Cent of Electricity Usage From Renewables, BMO Special Report on the Post-Pandemic Economy: Building a Bridge. 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