Riverline + Southbank Property Development Chicago

Last Updated on: 1st March 2025, 04:01 am

Imagine living in a space where modern design meets urban convenience. The combined Riverline and Southbank project in Chicago’s South Loop offers just that. This transformative development is set to redefine city living with its innovative approach to residential and commercial spaces.

At the heart of this project is a 21-story tower located at 1010 S Wells Street. Rising 226 feet, this building features a stunning glass facade and a retail podium offering 2,900 square feet of space. With 386 apartments, 182 parking spaces, and a shift from condos to rentals, it’s designed to meet the needs of today’s urban dwellers¹.

This development isn’t just about housing—it’s about creating a vibrant community. From its prime location near the riverwalk to its thoughtful amenities, it’s a place where you can truly feel at home. Whether you’re drawn to the city’s energy or the promise of a modern lifestyle, this project has something for everyone.

Key Takeaways

The project combines residential and commercial spaces for a vibrant community feel.
Features a 21-story tower with a modern glass exterior and innovative design.
Includes 386 apartments, 182 parking spaces, and a retail podium.
Transition from condos to rentals caters to modern urban living.
Located in Chicago’s South Loop, offering easy access to city amenities.

Overview of Riverline + Southbank Property Development Chicago

A decade in the making, this project has transformed from a bold vision into a thriving urban hub. Originally conceived as part of a larger proposal, the riverfront site has evolved to meet modern demands. The revised plans now focus on creating a dynamic community with updated layouts and increased rental units².

Riverline Southbank Property Development Chicago

Project Background and Context

The initial vision for this project aimed to blend residential and commercial spaces seamlessly. Over the years, the plans have been refined to reflect current market trends. The mid-parcel tower, known as Building G at 1010 S Wells Street, is a key feature of the updated design².

Located in the heart of the South Loop, the site offers easy access to local landmarks and the iconic riverwalk. Its proximity to the River City Apartments adds to its appeal, making it a prime location for urban living.

Developer CMK Properties and Revised Site Plans

CMK Properties has played a pivotal role in shaping this project. Their revised site plans include increased apartment counts and expanded retail offerings. The shift from condos to rentals reflects the growing demand for flexible living spaces².

The updated design also features streamlined elements, ensuring a modern and efficient layout. With a focus on creating a vibrant community, the project continues to attract attention as a progressive urban development opportunity.

Feature	Details
Location	1010 S Wells Street, South Loop
Building Type	Mid-Parcel Tower (Building G)
Units	386 Apartments
Retail Space	2,900 sq ft
Developer	CMK Properties

For more insights into the Riverline and Southbank developments, explore how these projects are reshaping Chicago’s South Loop.

Construction Updates and Design Details

Progress on the 21-story tower showcases cutting-edge design and functionality. Located at 1010 S Wells Street, this mid-parcel tower is a standout feature of the project. Rising 226 feet, it combines practicality with striking aesthetics, making it a key highlight of the area³.

Mid-Parcel Tower Construction Updates

Mid-Parcel Tower at 1010 S Wells Street

Designed by Gensler, the tower features an undulating glass facade that enhances its visual appeal. This innovative design not only stands out but also maximizes natural light for residents. The building’s height and structure are optimized for both functionality and style³.

Undulating Facade and Retail Podium Features

The tower’s facade is complemented by a 2,900-square-foot retail podium. This space is designed to activate the ground level, offering convenience and vibrancy to the community. The integration of retail spaces ensures a dynamic environment for both residents and visitors³.

Apartment Layouts and Amenity Deck

Inside, the tower offers 386 apartments with layouts ranging from studios to three-bedroom units. This variety caters to diverse lifestyles, making it ideal for urban living. Residents also enjoy access to a shared rooftop amenity deck, providing extra living benefits and community spaces³.

Feature	Details
Height	226 feet
Units	386 Apartments
Retail Space	2,900 sq ft
Design Firm	Gensler

For more insights into urban development trends, explore how projects like this are reshaping city living.

Southbank Development: The Reed and Future Phases

Lendlease’s Reed is redefining urban architecture with its innovative design and community focus. This 41-story high-rise, located at 234 W. Polk Street, is set to open in 2023 and will feature 224 apartments and 216 for-sale condos⁴. It complements the adjacent 29-story Cooper, bringing a fresh perspective to the area’s multi-phase development.

Southbank Development Industrial Chic Design

Introducing Lendlease’s Reed and Its Unique Interior Design

The Reed stands out with its industrial chic design, blending metal accents, exposed concrete, and oak wood finishes. This aesthetic creates a modern yet warm atmosphere, appealing to a wide range of residents. The building’s dual offering of rental and for-sale properties caters to diverse buyer needs, making it a versatile addition to the neighborhood⁴.

Residents will enjoy a variety of amenities, including an eighth-floor pool deck, grilling stations, and coworking spaces. These features are designed to enhance daily living and foster a sense of community.

Connectivity with Riverwalk and Southbank Park Enhancements

The Reed’s strategic location ensures seamless connectivity to nearby landmarks. A cantilevered riverwalk extension will provide direct access to the iconic riverwalk, while enhancements to Southbank Park will offer outdoor recreational spaces⁴. These improvements make the area more accessible and enjoyable for both residents and visitors.

“The Reed is not just a building; it’s a gateway to a vibrant urban lifestyle.”

Located south of Roosevelt Road, the Reed is part of a larger plan to transform the South Loop into a thriving urban hub. Its relationship to the Cooper and overall site planning highlights the thoughtful approach to this development⁴.

Feature	Details
Location	234 W. Polk Street
Units	224 Apartments, 216 Condos
Amenities	Pool Deck, Grilling Stations, Coworking Spaces
Design	Industrial Chic with Metal Accents

For more details on the next phase of Southbank, explore how this project is shaping the future of urban living.

Conclusion

The evolution of this urban project highlights a blend of innovation and community focus. From its initial vision to the current dynamic state, the southbank initiative has transformed into a thriving hub. The mid-parcel tower at 1010 S Wells Street, with its undulating glass facade, stands as a testament to modern design and functionality⁵.

Looking ahead, Lendlease’s Reed promises to enhance urban living with its industrial chic design and dual offerings of rentals and condos. Its connectivity to the riverwalk and Southbank Park improvements will create a seamless blend of nature and city life⁵.

These elements make the project a compelling choice for those seeking a vibrant, connected lifestyle. Stay tuned for updates as this building continues to shape the future of urban living.

FAQ

What is the location of the Riverline and Southbank developments?

The projects are located along the Chicago River in the South Loop, near Wells Street and Roosevelt Road, offering stunning views and easy access to the Riverwalk.

Who is the developer behind these projects?

CMK Properties is the developer, known for creating innovative and community-focused spaces in the city.

What makes the Mid-Parcel Tower at 1010 S Wells Street unique?

The tower features an undulating facade, a retail podium, and thoughtfully designed apartment layouts, making it a standout addition to the area.

Are there amenities available for residents?

Yes, residents can enjoy a spacious amenity deck, along with other features designed to enhance their living experience.

What is The Reed, and how does it fit into the Southbank development?

The Reed, developed by Lendlease, is part of the Southbank project. It boasts unique interior designs and enhances connectivity with the Riverwalk and Southbank Park.

What are the future phases of the Southbank development?

Future phases will continue to expand the area, adding more residential units, retail spaces, and improved access to the riverfront.

How does the design of these buildings integrate with the surrounding area?

The designs focus on blending modern architecture with the natural beauty of the riverfront, creating a seamless connection between the buildings and their environment.

What transportation options are available near these developments?

The site is well-connected, with easy access to public transit, major roads, and bike paths, making commuting convenient for residents.