Foundation Work Begins on The Reed in Chicago

Foundation work has begun on The Reed, a residential building in South Loop in Chicago, reports Chicago YIMBY. The 41-story tower is the second building in a four-building development known as Southbank and is located at 234 West Polk Street. The tower will offer 224 apartments and 216 condominiums. The eighth floor will offer 15,000 ft² of amenities, while condominium owners will have access to the second-floor amenities, including a riverside view. Lendlease is the developer and general contractor for The Reed and Perkins + Will is the architect for both the building and the greater Southbank project. The Reed is expected to be complete in 2023.