Monday, January 17th, 2022
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.
Looking for luxury condos for sale and luxury apartments for rent near downtown Chicago’s South Loop? Contact us today! We are now offering in-person and virtual tours!