The developer of a high-rise apartment tower under construction along the South Branch of the Chicago River has revealed a new name and new renderings, Curbed Chicago reported in June. Previously called Ancora at Riverline, the 29-story tower at 720 South Wells Street has been rechristened as The Cooper at Southbank. The change is a result of codevelopers Lendlease and CMK parting ways and splitting the 14-acre Riverline parcel into two pieces (ELEVATOR WORLD, May 2018). Lendlease is now the sole developer of the project.
The Cooper at Southbank will feature 452 rental units, including 26 townhouse-style apartments, and will provide new retail space and garage parking for 230 vehicles. The building will offer residents 11,000 sq. ft. of amenities, including a gym, a demonstration kitchen, a musical “jam room,” a virtual sports simulation room, a bocce court, an outdoor screening room and a rooftop pool deck.
Under construction since 2016, the newly renamed tower comes from architect Perkins + Will and is the first of five residential high rises slated for the 7-acre Southbank parcel. The multiphase development is zoned for up to 2,700 units and will feature 2 acres of open space with a public riverwalk. Preleasing started in June, and the building is expected to be ready for tenants in September.
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