The 320 building app provides a digital hub connecting tenants to amenities, events and happenings at the property while streamlining services and allowing tenants to use their mobile phone to access the building. For further information: For Media Relations Inquiries: Scott Doll, Chicago, scott.doll@bmo.com, (773) 766-5439, BMO Financial Group Declares Dividends - Feb 28, BMO Financial Group Reports First Quarter 2023 Results, BMO to Host 32nd Global Metals, Mining & Critical Minerals Conference, BMO Financial Group and BNP Paribas Announce Global Commercial Agreement, BMO Completes Acquisition of Bank of the West, BMO Ranked North America's Most Sustainable Bank by Corporate Knights for Fourth Consecutive Year, BMO Receives Regulatory Approval to Acquire Bank of the West, BMO ranked one of the most sustainable companies in North America on the Dow Jones Sustainability Indices, Top Rankings for BMO Capital Markets' FICC Macro Strategy Group in Institutional Investor Client Survey, BMO Climate Institute Survey Shows Costs and Competing Priorities Slowing Climate Action for Small and Mid-Sized Businesses, BMO Financial Group Reports Fourth Quarter and Fiscal 2022 Results, BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 8 per cent from the prior year. Like other Chicagoans, we have ideas about what the next mayor should do. . Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. You should review your particular circumstances with your independent legal and tax advisors. Riverside Investment & Development broke ground on the 1.5 million-square-foot project earlier this year, after securing a $476 million loan. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. Goettsch Partners designed the project. Another office tower is currently under construction at 110 North Wacker and scheduled for completion in 2020. But the headaches began in 2018 when the bank announced it would leave LaSalle Street for its new namesake tower. Interstate Parking Company LLC BMO Tower 771 N Broadway St Juneau Town Milwaukee, WI 53202 +1 414-431-6555 - Advertisement - Prices. Morning pastries come from Zachary Dawson whos making treats including a Saigon cinnamon roll with cream cheese frosting. The 700-foot-tall building at 320 S. Canal St. is expected to be finished in spring 2022, BMO Harris Bank officials said. You should review your particular circumstances with your independent legal and tax advisors. BMO Financial Group signed on to occupy 500,000 square feet in the 1.5 million-square-foot, 51 floor namesake Chicago skyscraper. BMO, which is part of Toronto-based BMO Financial Group, has branches in Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Florida and Wisconsin. Danny Ecker. The state-of-the-art, 50-story building is located . Were the largest bank in the world that has its U.S. headquarters in Chicago, a market in which we have a long, proud history of over 160 years., Each year, more corporations are realizing the incredible potential of our city to launch and grow a successful business, said Chicago Mayor Lori E. Lightfoot. New York-based Union Bank has hired brokerage Jones Lang LaSalle to sell the nearly $191 million loan tied to the office buildings at 115 S. LaSalle St. and 111 W. Monroe St., according to sources familiar with the offering. Designed By Neoscape. Member FDIC. BMO Tower was sustainably designed to achieve WELL Building Platinum and LEED Gold standards to safeguard tenant health and wellbeing. One challenge for Union Bank as it looks to unload the BMO properties is that they're not the only big office building on the block with imminent distress. The tower will have the following features: - 50 stories high - 1.4 million square feet of office space - 400 stall parking garage - High-tech BMO branch bank on ground floor - 1.5 acre park adjacent to the tower. This month, BMO helped celebrate African American achievement in science, technology, engineering, the arts and mathematics at the Museum of Science and Industrys (MSI) 50thannual Black Creativity Gala. BMO Tower Construction Begins in 2019 Next to Union Station, Union Station Redevelopment Phase II BMO Office Tower - Chicago (0085101818). CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. The BMO Tower, which debuted last year with the bank as an anchor tenant, is no exception. These articles are for informational purposes only. 115 S. LaSalle Street and 320 S. Canal Street (Google Maps) Debt tied to office buildings in Chicago's Loop is set to be sold for a loss as major tenants . In 1974, a second 38-story tower was added to the west with the address of 115 South LaSalle Street. BMO Financial Group Completes Acquisition of Clearpool Group, Inc. Media Advisory - BMO Expert Podcast on COVID-19 and the Future of the Global Economy, Canada's Six Biggest Banks Take Decisive Action To Help Customers Impacted by COVID-19, A message from BMO Capital Markets on COVID-19, Maple Leaf Foods and BMO Capital Markets enter into First Sustainability-Linked Loan in Canada, Disclosures:BMOCMC Fixed Income Commentary Disclosure |BMOCMC FICC Macro Strategy Commentary Disclosure |Research Disclosure Statements| Theres a park open to the public near the space, and the bar will have a 42-seat patio. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. A rendering showing BMO Tower (right) and Union Station (left). With those departures looming and the COVID-19 pandemic fueling record-high downtown office vacancy, it would be highly unlikely that the venture of Seoul, South Korea-based Samsung Life Insurance that owns the properties would be able to refinance its mortgage. Member FDIC. To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. Privacy Policy 45 Mins $8.00. Design features include 29K-32K RSF efficient floor plates, 96 finished ceiling heights (12 on select floors), private terraces on select floors, and the well-appointed amenities todays workforce expects. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. "Nesbitt Burns" is a registered trademark of BMO Nesbitt Burns Inc, used under license. But the ownership venture's equity in the properties is in line to be completely wiped out. Third party web sites may have privacy and security policies different from BMO. Zach LaVine finished with a game-high 41 points, DeMar DeRozan added 21 and Patrick Beverley had a double-double with 10 rebounds and 10 assists. Fidelity National Information Services. The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. If completed, the loan sale could be one of the most dramatic examples of lost value for a Loop office property amid the public health crisis, which has softened demand by setting off the rise of remote work. ", U. S. CEO of BMO Financial Group | David Casper. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. Chicago Mayor Lightfoot was at the ground breaking with her shovel, DataBid is currently reporting on this project -. BMO collaborated with non-profit group IPaintMyMind to engage a local artist to paint a mural on the 17th floor. BMO Capital Markets Regulatory|BMOCMC Fixed Income Commentary Disclosure| BMOCMC FICC Macro Strategy Commentary Disclosure| Research Disclosure Statements. BMO Tower represents a major investment by BMO in Chicago, said David Casper, U.S. CEO, BMO Financial Group. CHICAGO,June 24, 2022/CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower,Chicago, BMO's new U.S. Headquarters. address, date of birth and other information that will allow us to identify you. The breakfast sausage uses maple crystals from gourmet ingredient vendor Rare Tea Cellar to give it a little bit more of a sweeter kick. Hines is developing Salesforce Tower Chicago in partnership with longtime land owner, the Joseph P. Kennedy Family. share : tweet : share 4 renderings. Reprints. BMO Tower. They currently have three other offices in the Loop area: 115 South LaSalle Street, 111 West Monroe Street and 200 West Adams Street. Building designed to achieve WELL Building Platinum & LEED Gold standards . To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. With newly-renovated or classic apartment designs in studio, one, two, and three bedroom floor plans, there is an apartment for every lifestyle. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. L. 107 56 (signed into law October 26, 2001))requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. The building is oriented in the north-south direction along the east side of its site and features a subtly folded faade. The New York City law firm that anchored the new office tower at Chicago's 155 North Wacker Drive is downsizing its space with a move to another new skyscraper. Oops. If the requested information is not provided within 30 calendar days, the account will be subject to closure. 320 South Canal is a newly completed 50-story office tower located adjacent to Union Station. The tower is BMO's new U.S. Headquarters that will house more than 3,000 employees. Construction is going vertical for the Union Station Tower, also known as the BMO Tower, a 46-story office building in West Loop Gate. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC . BMO Harris Bank N.A. From our early years, right up to today we've always been proud of our role boldly growing the good in our great city. PHONE: 872-289-2300. Opening in 2022, the BMO Tower will be built on a site adjacent to Union Station, Chicago's iconic train station, bringing approximately 3,600 BMO employees into a single building. You may have been stuck at home the past 15 months, but Chicago's ever-growing skyline didn't skip a beat. The BMO Tower is a 51-story, 727 feet (222 m) skyscraper in the West Loop neighborhood of Chicago, Illinois, and sits directly south of the Union Station rail terminal. BMO collaborated with non-profit groupIPaintMyMindto engage a local artist to paint a mural on the 17thfloor. Designed by Goettsch Partners for Riverside . It is the city's ninth-tallest building (at least for now) at 727 ft . Lunchtime will include made-to-order items and food, like Neapolitan pizza or pre-made salads that can get workers in and out quickly. I'm deeply grateful for BMO's latest investment in Chicago and for their continued support of our communities.". BMOCMC Client Relationship Summary. Coffee is from Hexe and Brewpoint. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Sorenesn worked for several Chicago restaurants in his career, and hes using some tricks learned at Public Quality Meats, the Fulton Market restaurant known for its sausages. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors, and enhance tenant operational efficiency. Car and bike users can access the building garage from Clinton Street, containing 324 spaces for cars and 114 spaces for bikes. BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. The 1.5-acre space features a 10,000 SF lawn, lush landscaping, seating alcoves, and an amphitheater. BMO Tower has two anchor tenants: BMO Harris Bank, with 123,000 square feet, and Michael Best & Friedrich, with 59,000 square feet. Geoffrey Baer takes us on a tour in this week's Ask Geoffrey. The building is fully ADA compliant and features touchless wave sensors at entryways, braille and tactile lettering signage, and accessible water filling stations. Mark Irgens 414.443.2520 mirgens@irgens.com; Tom Irgens 414. . BMO will never contact you via unsolicited email, text or phone call asking for sensitive information, passwords, PINs or one-time passcodes. Tell us three simple things to More recently, Chicago developer Michael Reschke struck a deal with the state of Illinois to buy and revamp the James R. Thompson Center, part of which it would sell back to the state. November 16 saw groundbreaking ceremonies for BMO Tower in Milwaukee, a 25-story office building that will serve as the new home for BMO Harris Bank. 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