The Southbank development in the South Loop has changed names, hands, and plans over the past few years. With such a prime riverfront parcel and over two acres of park space, it’s easy to see why this land has been in such high demand. What began as one mega-development has now split into two multi-phase developments: the northern portion, Southbank, is being developed by Lendlease and the southern portion is being developed independently by CMK.
In 2018, The Cooper was the first of the residential Southbank buildings delivered. The rental building leased up its luxury apartments quickly and was known for having some of the most creative and useful amenities in the area. The next residential building to pop up at Southbank will be The Reed, a luxury building with condos for sale and state of the art amenities in line with those at The Cooper.
The Reed will feature sprawling outdoor amenity space both inside and outside the building. The outdoor rooftop pool and lounge will be complete with fire pits, serene landscaping, lawn furniture, outdoor event space, grilling spaces, a three season outdoor yoga space, and an outdoor kitchen. When you step outside The Reed, the outdoor amenities will continue with a quarter mile of riverwalk, a two acre park, a river side amphitheater, and a water taxi stop just outside the building.
The state of the art fitness center will feature Peloton bikes, free weights, a yoga studio, and will be maintained diligently with nightly cleanings. Condo owners at The Reed will also enjoy the ample quiet study and co-working spaces as well as the VR sports and media rooms to unwind after a long day of working from home. Other on-site conveniences will include 24 hour door staff, package receiving with cold storage for grocery deliveries, on-site management and maintenance, valet dry-cleaning, garage parking with electric car charging ports, storage lockers, and a bike storage and maintenance room.
Each home will feature modern interiors with soaring ceilings, soft loft accents, top quality appliance packages, and floor-to-ceiling windows for taking in the stunning views of the river, skyline, and Lake Michigan. Owners will have a choice between three different finish packages.
The Reed at Southbank is slated for delivery in 2023. Upon completion, there will be 216 luxury condos. Condos are now for sale at The Reed ranging from $400K-1.4M.
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In keeping with the mega development trend of the last two years, Southbank is bringing luxury rental apartments, restaurants, retail, green space, and culture to the south branch stretch of river front in the South Loop. Southbank is being developed by Lendlease.
The Cooper at Southbank is the first residential rental high rise to be completed in the development. With 452 apartments and town homes, this property is making a splash in the South Loop’s rental market.
The Cooper at Southbank offers state of the art amenities including an expansive fitness center, music room, outdoor movie theatre, a large outdoor roof deck with a pool, hot tub, bocce ball court, hammocks, grills, and an herb garden, an upper level skyline terrace for taking in panoramic views of the city skyline, a game room with ping pong and billiards, a chef’s kitchen, a library, curated resident events, co-working spaces with private offices and conference rooms, a shop and craft space, entertaining spaces, 24 full service concierge, and even a salon!
Southbank’s new two acre park will use the foundations of the demolished Grand Central Park and is being designed by Hoerr Schaudt Landscape Architects. Prairie grasses and landscape features (like the bird houses created in partnership with UIC students) were selected for their low maintenance qualities and with local wildlife in mind. The .2 miles of continuous river walk will feature ample seating, lighting, and a mural created by Pilsen artist, Ruben Aguirre. The Southbank development will also include 15,000 square feet of retail space.
Southbank strives to be an oasis in the center of the city, just minutes from the Loop and easily accessible from most of Chicago.
Looking for luxury apartments for rent near South Loop? Contact us today! We’d be happy to keep you in the Loop!
The Cooper at Southbank is one of several luxury developments to recently break ground in the South Loop. Originally, Lendlease and CMK had a joint venture on the site known as Riverline that broke ground in the fall of 2016. Back in April, the two decided to split the $8 billion massive development into two separate ones. Lendlease owns the northern 8-acres known as Southbank, while CMK holds the southern 8-acres keeping the name Riverline.
Lendlease announced that pre-leasing for The Cooper at Southbank is set to begin shortly! The Cooper is the first of five high-rise residential unitsin the South Loop neighborhood being built along the riverfront.
The Cooper is set to open their doors in September as the first tower of the new project. The Cooper will be set at 29 stories tall and become home to 452 rental units, 26 two-story 2-bedroom and three-story 3 bedroom townhomes. The Southbank site will, upon completion, house five high-rises and a new two-acre park along the river as well. The five towers will bring a total of 2,700 brand new residential units and create a new water taxi stop.
The Cooper had previously been dubbed Ancora but changed when the co-developers parted ways. The building will offer a ton of incredible amenities sprawled out over 11,000 square feet for its residents to enjoy including a state-of-the-art gym, demonstration kitchen, sport simulator room, bocce court, outdoor screening area, a music room, and a stunning rooftop pool.
Inside The Cooper, the luxurious apartments will feature jaw dropping views through the floor-to-ceiling windows matched with modern finishes. The kitchens are sleek with an elevated design that’s carried into the bathroom as well. Hardwood floors and in-unit washer/dryers make this an unbelievably great find.
Looking for luxury apartments for rent in the South Loop? Contact us today! We’d be happy to keep you in the Loop!